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Posted On: 12/26/2018 9:31:45 AM
Post# of 18414
$MSPC NEW YORK, NY / ACCESSWIRE / December 26, 2018 / Stock Market Press (SMP) sees a major shift towards acquisitions in the cannabis space and highlights Metrospaces, Inc. (OTC PINK: MSPC) which today announced the acquisition of a profitable ($4.5m annually), licensed California cannabis facility. In addition, the market has seen Altria and Cronos, Tilray and Anheuser-Busch execute on acquisitions in the cannabis space. SMP is watching additional companies in the cannabis space, including Aurora, for potential partnerships and/or acquisitions.
Mr. Oscar Brito, Metrospaces Company Executive President, is taking full advantage of the emerging real estate-cannabis market place with an acquisition of an existing, revenue producing facility. Generating over $7m annually, the 6.5 acre site houses a 12,000 sq ft canopy and is licensed for an additional 8,000 sq ft canopy facility. The acquisition fits squarely within Mr Brito's business plans to acquire key real estate properties ahead of the next big cannabis wave.
https://www.nasdaq.com/press-release/cannabis...1226-00121
Mr. Oscar Brito, Metrospaces Company Executive President, is taking full advantage of the emerging real estate-cannabis market place with an acquisition of an existing, revenue producing facility. Generating over $7m annually, the 6.5 acre site houses a 12,000 sq ft canopy and is licensed for an additional 8,000 sq ft canopy facility. The acquisition fits squarely within Mr Brito's business plans to acquire key real estate properties ahead of the next big cannabis wave.
https://www.nasdaq.com/press-release/cannabis...1226-00121
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