Advanced Cannabis Solutions Announces Signing of Lease on Pueblo Property
January 10 2014 - 1:52PM
Marketwired
Advanced Cannabis Solutions Announces Signing of Lease on Pueblo
Property
COLORADO SPRINGS, CO--(Marketwired - Jan 10, 2014) -
Advanced Cannabis Solutions (ACS) (OTCQB: CANN) announced
today that it has signed a long-term lease for its recently
purchased Pueblo County grow property with a premier Pueblo
grower. This 8 year lease of a 5,000 square foot grow facility
on 3 acres of land The tenant is aggressively expanding their
operation and will utilize the excess land to develop up to an
additional 40,000 square feet of light deprivation greenhouse grow
space. These improvements are part of the Company's development
plan for the property and the Company intends to build them out in
stages in the near future.
ACS President and CEO Robert Frichtel stated, "This acquisition
is very important to the ACS, not only because it represents our
initial entry into the Colorado legal marijuana real estate space,
but also because it has the potential to become the largest grow
center in the Pueblo area. Pueblo County's marijuana industry
is in a unique position to grow dramatically, as there are a
limited number of properly zoned and approved grow facilities, and
the demand from the southern Colorado area is expected to increase
significantly."
About Advanced Cannabis Solutions
ACS provides a comprehensive set of solutions to the regulated
cannabis industry. The Company does not grow, harvest,
distribute or sell cannabis or any substances that violate United
States law or the Controlled Substances Act, nor does it intend to
do so in the future.
The Company leverages its management team's extensive experience
in serving the cannabis industry by providing the following three
distinct areas of products and services: real estate, consulting,
and ancillary products. ACS plans to work exclusively with
licensed and regulated clients.
Contact Information ACS, Inc. Robert Frichtel CEO 719-590-1414
Email Contact
Global Arena (PK) (USOTC:GAHC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Global Arena (PK) (USOTC:GAHC)
Historical Stock Chart
From Sep 2023 to Sep 2024