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Posted On: 04/08/2019 4:03:49 PM
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NetworkNewsBreaks – Generation Alpha Inc. (GNAL) Purchases Arizona Cultivation Facility in Effort to Fast-Track Operations in US Medical Cannabis Sector
Vertically integrated cannabis technology innovator, manufacturer and distributor Generation Alpha Inc. (OTCQB: GNAL) this morning announced its purchase of a roughly 46,000 sq. ft. facility in Phoenix, Arizona. According to the update, the facility is approved with a special use permit (“SUP”) for the cultivation and processing of medical cannabis and is ideally located less than 10 miles from Phoenix’s Sky Harbor International Airport. “This is an incredible deal for Generation Alpha,” GNAL CEO Alan Lien commented in the news release. “This facility, which has been locally permitted for medical cannabis cultivation and processing, will allow us to fast track operations in Arizona – an area we believe is one of the key growth markets in the U.S. medical cannabis sector. We remain steadfastly committed to our Solis Tek lighting division, but this purchase will make Arizona the first of hopefully many medical cannabis divisions for us in the U.S.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Vertically integrated cannabis technology innovator, manufacturer and distributor Generation Alpha Inc. (OTCQB: GNAL) this morning announced its purchase of a roughly 46,000 sq. ft. facility in Phoenix, Arizona. According to the update, the facility is approved with a special use permit (“SUP”) for the cultivation and processing of medical cannabis and is ideally located less than 10 miles from Phoenix’s Sky Harbor International Airport. “This is an incredible deal for Generation Alpha,” GNAL CEO Alan Lien commented in the news release. “This facility, which has been locally permitted for medical cannabis cultivation and processing, will allow us to fast track operations in Arizona – an area we believe is one of the key growth markets in the U.S. medical cannabis sector. We remain steadfastly committed to our Solis Tek lighting division, but this purchase will make Arizona the first of hopefully many medical cannabis divisions for us in the U.S.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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