Blue Diamond Ventures, Inc. Acquires VERVE Living Systems & ZENO InnPoint
SOURCE: Blue Diamond Ventures, Inc.
Blue Diamond Ventures, Inc.
DENVER, CO--(NewMediaWire - Oct 26, 2016) - Blue Diamond Ventures Inc. (OTC PINK: BLDV) reports that the company has successfully finalized an agreement to acquire the Verve Living Systems & ZENO InnPoint brands/trademarks along with the ongoing business and hospitality assets of Zeno Controls LLC, a New York based limited liability company. The ZENO wireless gateways and cloud solutions provide energy saving and management to the hospitality industry, while the VERVE Living Systems brand provides the sensors and guestroom control products.The VERVE product line includes 27 products, ranging from switches to thermostats, occupancy sensors, HVAC controls, lighting and load control. www.vervelivingsystems.com www.zenocontrols.com
Josh Alper, CEO of Blue Diamond Ventures, commented, "Through this agreement, Blue Diamond becomes the first energy-management and in-room controls provider to support both EnOcean and ZigBee technologies, to deliver the most flexible wireless performance platform on the market.In addition to current markets of Zeno Controls and VERVE Living Systems, Blue Diamond will expand the VERVE Living System brand into the Cannabis Industry, with a VERVE branded Home Growing System that will leverage the VERVE self-correcting adaptive wireless "Hotel" technology, replacing the "Guest Comfort" with Plant Health. BLDV will place both VERVE and ZENO in the newly created d/b/a of Michigan Plant Technologies LLC, United Sustainable Technologies, that will be solely focused on sales to hospitality end-users and the development of the new residential grow products in the Cannabis space."
In other company news, Blue Diamond announces that Clean 1st LLC, the owners of Cannabis Clean (www.cannabisclean.com) a 20% holding of BLDV, hasclosed several new large contracts to provide specialized and antimicrobial janitorial services to cannabis cultivators in Colorado. Clean 1st has in addition acquired a small existing janitorial service and is still actively seeking to hire additional personal to help keep up with the demand. Steve McMorrow, President of Clean 1st, and Josh Alper, CEO of BLDV, have met in Denver this past week to discuss expansion of the company's operational model to other markets in and outside of the USA. Cannabis Clean will be exhibiting at the upcoming MJ Daily Marijuana Show in Las Vegas on November 15th - 17th, 2016 and will be announcing plans for a new authorized dealer network.
Now Brands, LLC (www.now-brands.com) the owners of Olde Imperial Mystic Hemp Vodka, a 40% holding of Blue Diamond Ventures Inc., has successfully completed the first production run of its triple gold medal award-winning Hemp infused Vodka. The product is now available in New York State via Now Brands distributor LNJ Brands.
Blue Diamond Consulting LLC ( http://bd-suiteofservices.com/ ) has begun work on a community solar project in the Western New York. The company has been contracted as the owner's representative for a major development company in Buffalo, NY and will receive fees for its services. This will be our first solar project and will be an operational model that BLDV and BDC will seek to duplicate in other markets.
In other consulting news, in addition to the solar projects above, Blue Diamond Consulting (BDC), has successfully completed its review of the California Lights Works Cannabis LED Lighting, and has signed a short-term consulting agreement with a Cannabis Greenhouse Systems. In addition, BDC has entered into a consulting agreement with a Canadian Cannabis Grower who has just received their pre-license from Health Canada. BDC will begin its service after the grower has completed its second round of funding to complete its 50,000-sq. foot cultivation center in Ontario. BDC has signed multiple clients pursuing marijuana licenses under the new laws in Michigan.
"Blue Diamond Ventures Inc. has begun to successfully transform itself as I have envisioned, and put the main emphasis on the consulting services driving the other holdings," said CEO Josh Alper.
In addition to the clients listed above, The BLDV business model relies on Blue Diamond Consulting to provide consulting services to our subsidiaries including Now-Brands LLC, Cannabis-Clean - Clean 1st LLC, Michigan Plant Technologies LLC. "Reflecting on my first six months as Chief Executive Officer, I am pleased with the progress BLDV has made, but recognize there is a lot of work left to be done to better position the company to enable it to be successful. I am confident that the Suite of Services that BLDV markets to the Cannabis Industry and beyond will be the key to this success," Mr. Alper stated.
Blue Diamond Ventures, Inc. is in the process of scheduling a shareholder conference call to take place on Tuesday, November 22nd at 4:30 PM EST. More details concerning this event will be released soon. Included will be call-in information and the ability for shareholders to email any questions in advance to Mr. Alper.
About us:
Blue Diamond Ventures, Inc. seeks to partner with individuals and companies that share a common synergy, mission, and vision to enable products/services that are produced, delivered and consumed utilizing fewer natural resources, providing a sustainable alternative to traditional products on the market today. As a diversified customer, centric Management / Holding Company; Blue Diamond Ventures, Inc. seeks opportunities in various markets and is driven by critical thinking and the scientific method.
Safe Harbor:
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions, and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.
CONTACT INFORMATION
Blue Diamond Ventures Inc. Joshua B. Alper (844) 637-6377 info@bldvinc.com www.bldvinc.com
Blue Diamond Ventures, Inc. Unveils Strategic Plan for Cannabis Real Estate
Blue Diamond Ventures, Inc. DENVER, CO--(NewMediaWire - Dec 1, 2016) - Blue Diamond Ventures Inc. (OTC PINK: BLDV) today announces its Cannabis Real Estate Strategy for 2017, including projects in Michigan, Oregon and Canada.
On September 21, 2016, Gov. Rick Snyder of the State of signed a three -bill package to establish a new Medical Program for Commercial Cannabis. The new set of laws will give local municipal governments the authority to regulate the location and number of medical marijuana licenses that will be allowed to operate in their jurisdictions. Separate licenses for Provisioning Centers, Infused Product Manufacturing and Cultivation will be offered by the state of Michigan.
Josh Alper, CEO of BLDV, said, "Once the new bill was signed into law, we quickly called our management together and engaged with the staff of Michigan Plant Technologies LLC (MPT), a wholly owned subsidiary of BLDV, to begin structuring a model that would leverage the Construction Management and Project Management skills of Blue Diamond Consulting (BDC) and potentially create a new home for MPT to expand their existing State Licensed Food Processing Facility into a Commercial Edibles Facility."
The BLDV plan calls for the building of multi-tenant facilities in Michigan to be designated by local municipal ordinance with a special use permit to ho use Cultivation as well as Kitchen/Extraction spaces. Licensed operators will be able to document that local approval is included in their lease when they submit their application to the state. "We expect to build several buildings over the coming months," said Josh Alper. "The new home of MPT is important, but the construction and ownership of the facilities is the real interest of Blue Diamond Ventures Inc. (OTC: BLDV)
"Blue Diamond helps to solve one of the central problems with the Michigan program; our model provides municipalities with quality construction and vetted compliant cannabis operators," said Jonathan B. Alper, Landscape Architect and General Manager of BDC. "We expect to have the leases signed before construction begins on the first building this spring." BDC can also assist tenants with other aspects of their regulatory compliance with the state
BLDV along with BDC has received first stage approval from a city in Southwest Michigan not far from the current MPT kitchen in Three Oaks, MI, to be the site of the first structure. BDC will be the Project and Construction Managers, and through a Fund, that is in the process of being established, BLDV will finance and ultimately own the facility.Lease payments from the tenants will be used to repay the investors of the fund and provide positive cash flow to BLDV. Total construction cost of the first building is estimated to be 1.2 Million USD.
Other real estate transactions include ongoing talks regarding the acquisition of AMS farms in Ontario, Canada, and purchase of property in Bend, Oregon for a Tier II License by a client of Blue Diamond Consulting.
About us: Blue Diamond Ventures, Inc. seeks to partner with individuals and companies that share a common synergy, mission and vision to enable products/services that are prod uced, delivered and consumed utilizing fewer natural resources, providing a sustainable alternative to traditional products on the market today. As a diversified customer centric Management / Holding Company; Blue Diamond Ventures, Inc. seeks opportunities in various markets and is driven by critical thinking and the scientific method.
Safe Harbor: This press release contains forward-looking statements. Such forward-looking statements are subject to several risks, assumptions, and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward -looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.
CONTACT INFORMATION
Contact: Blue Diamond Ventures Inc. Joshua B. Alper CEO (844) 637-6377 info@bldvinc.com www.bldvinc.com
Blue Diamond has adopted an approach to the Cannabis Real Estate that is based on the model of Innovative Industrial Properties of using Triple Net Leases, Medical Focus, and Public Share involvement, but with some important differences.The Fund is expected to raise approximately $12 Million USD and the average size of a completed lease-back project is expected to be under 50,000 square feet.
In addition, the Fund will focus on a specific area of Southwest Michigan that remains the largest non-citrus fruit growing and processing area in the country but has lost all industry and jobs. Plans include an estimated twelve projects, along the Route 12 corridor from New Buffalo to Niles, MI. This project is expected to provide economic growth and much needed jobs for this region. Blue Diamond is working with several municipalities, with several projects in the planning stage and discussions with potential lessees are underway.
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