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samsamsamiam

03/04/14 5:35 PM

#94287 RE: Neuronal #94263

WOW! Exporting to up to 30 countries now!!! Wonders never cease!
Madison Heights businessman sees billions in medical pot

Mike McConnell

...
The company has gotten permission from the national Health Canada department to build its industrial growing facility. Once it is complete and Health Canada inspects it, Chaaban expects he will get permission to grow and sell marijuana for import and export with the roughly 30 countries worldwide that allow for medical or legal marijuana use.


hmmmm...wonder why he wouldn't disclose it - thought he already did.he will have to disclose it if he plans to do an audit.

He would not disclose how he raised the estimated $12 million it is costing to build the growing operation, saying only that he got the money from public and private sources.

And plans to expand to ONE MILLION sq ft of growing space!

Chaaban is starting out with a 27,000-square-foot facility on 10.3 acres. He said he wants to eventually expand that facility to more than 1 million square feet on multiple floors and within five years grow 1.3 million pounds of pot annually.



I thought PHOT made the hydroponic equipment???

Chaaban said he is working with another Madison Heights company called RXNB Inc. that makes hydroponic equipment to grow cannabis.


heehee
An attorney, Chaaban said he has never used marijuana even though he is betting on profiting from its medical use.

"I never knew what a marijuana plant looked like until I went to Santa Cruz (Calif.) and saw one" recently, he said.