Agritek Holdings Inc. Announces Execution of Real Property Purchase Agreement for Medicinal Marijuana Facility in North Las V...

Agritek Holdings, Inc. (OTCQB: AGTK) (http://www.Agritekholdings.com), a fully
reporting company on the OTCQB and leader in Compassionate Care Technology and
indoor/outdoor agricultural solutions for the medicinal marijuana industry,
today announced that the Company has executed a Real Property Purchase Agreement
to acquire approximately 3.5 acres in Clark County, Nevada for the build out of
one of the first medicinal marijuana facilities in the state presently awaiting
licensing approval . The property located in the Nevada "Green Zone" has been
designated for cultivation and conversion facility as well as a testing lab.


The Company, through its wholly owned subsidiary Agritek Venture Holdings, Inc.
plans on building up to 40,000 sq. ft.in the approved Apex Industrial Park
Complex or Nevada "Green Zone" dedicated to Nevada's canna-businesses. Agritek
will lease the property exclusively to entities under the control of Mr. Neal
Bartoletta, the newest advisory board member of Agritek Holdings, which have
already been awarded special permits for the facility pending final licensing
from the State of Nevada.


"Agritek's proposed 40,000 square feet structure will set the standard as one of
the first medicinal marijuana cultivation, production, and testing labs in the
state. We can close on the property 30 days after the 60 day due diligence
period granted by the state of Nevada pending licensing," stated B. Michael
Friedman, CEO of Agritek Holdings. 


"I would also like to report our Pueblo County facility in Colorado is quickly
moving through the engineering process as we work with one of the largest
greenhouse manufacturers in the nation with tenants including some of the most
respected growers and manufacturers licensed in Colorado waiting to be a part of
our innovative agricultural project," added Friedman. 


About Agritek Holdings, Inc.
Agritek Holdings, Inc. (www.Agritekholdings.com), the first fully reporting
Company and pioneer within the medicinal marijuana space provides innovative
patient and agricultural solutions seeks to be the leader in Compassionate Care
Technology for the medicinal marijuana industry. Agritek Holdings provides real
estate management and health and wellness product lines including beverages,
vaporizers and accessories under the Mont Blunt ™ brand (www.montblunt.com).
Agritek Holdings Inc. does not directly grow, harvest, or 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.


FORWARD-LOOKING DISCLAIMER:

This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject
to the Safe Harbor created by those sections. This material contains statements
about expected future events and/or financial results that are forward-looking
in nature and subject to risks and uncertainties. Such forward-looking
statements by definition involve risks, uncertainties and other factors, which
may cause the actual results, performance or achievements of Agritek Holdings,
Inc. to be materially different from the statements made herein.



FOR FURTHER INFORMATION PLEASE CONTACT: 

Contact: 
Agritek Holdings, Inc. 
561.249.6511
www.Agritekholdings.com
info@Agritekholdings.com

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