Posted On: 10/28/2015 7:11:31 AM
Post# of 23654
$NWGFF The Company has received written confirmation from local authorities that the Oroville Property is compliant with this anticipated usage. New Age Farm expects to close escrow on the Oroville Property and to take up occupancy within the next 120 days.
Carman Parente, president and CEO of New Age Farm commented that, "Oroville, WA is easily accessible from Canada via a 24 hour border crossing located at Osoyoos, BC at Highway 97/US Route 97 and is located in a fertile agricultural area, thereby meeting our internal business criteria for location and land quality. This is just the type of property that we will continue to seek out so as to increase our agricultural land bank holdings and for the build out of multiple green campuses throughout the Pacific Northwest where tenant-growers can cultivate high cash crops in our specialty built turnkey facilities."
Carman Parente, president and CEO of New Age Farm commented that, "Oroville, WA is easily accessible from Canada via a 24 hour border crossing located at Osoyoos, BC at Highway 97/US Route 97 and is located in a fertile agricultural area, thereby meeting our internal business criteria for location and land quality. This is just the type of property that we will continue to seek out so as to increase our agricultural land bank holdings and for the build out of multiple green campuses throughout the Pacific Northwest where tenant-growers can cultivate high cash crops in our specialty built turnkey facilities."
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