SECTOR NEWS.... Hey folks... CBGI popped from .045
Post# of 56324
This may be what our pps action will look like on the day we get our license.
This ticker may be a nice one to trade.
The CannaBusiness Group, Inc. acquires 17.3 Acres of Land with a Licensed California Medical Marijuana Cultivator Tenant
LONDON, March 6, 2014 /PRNewswire/ --
The CannaBusiness Group, Inc. ( CBGI ) Mission Viejo, Ca. March 6, 2014, acquires commercial property or land, they lease out the facilities for Agricultural, Industrial, Commercial and Retail, while managing the properties that it has acquired and leased out. http://www.thecannabusinessgroup.com
The facility has a tenant that is a state licensed California medical marijuana cultivator. The land is 17.3 Acres located in Northern California with its own water source which has never been without water. The property is being purchased for $275,000 with restricted common stock and cash.
The CannaBusiness Group, Inc. CEO Michael Cummings commented, "This purchase represents the type of transaction that The CannaBusiness Group, Inc. aspires to accomplish. The property is located in Butte County, California. And we believe a purchase like this meets our financial criteria and gives us a great asset base to build off as we continue to execute our strategy of acquiring land or commercial properties."
Also, Mr. Cummings stated that The CannaBusiness Group, Inc. will continue to execute our business plan and reach our goals. I am very confident that we have put together a plan that will allow us to succeed.
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