Cherubim Interests, Inc. (CHIT) Construction & Real Estate Development Capacities Mesh Seamlessly with BudCube Cultivation Systems’ Offerings
Contrary to one of the leading memes put forth to explain the recent Ohio electoral defeat of Issue 3, which would have made marijuana legal and taxed, this was not really a rejection of the concept itself, so much as the proposed implementation methodology. Cultivation, you see, would’ve been limited to a tiny handful of only ten pre-chosen properties and the formation of Ohioans against Marijuana Monopolies by Democratic Rep. Mike Curtin, which led the charge against this looming threat, was a clear shot across the sector’s bow when it comes to the formation of monopolistic or cartel-like market structures.
The issue of marijuana legalization is far from dead in Ohio and many analysts are chalking up a big portion of the recent down vote to skittishness at plunging into the deep end head first. For unlike other states that approved medical marijuana in advance of legalization, Ohio was attempting to quit prohibition cold turkey.
Legal marijuana is the fastest growing industry in the country right now, with leading sector analysis shop, ArcView Market Research, clearly detailing the case in report after report. ArcView’s State of Legal Marijuana Markets report is now in its third edition and indicates that, in addition to 74 percent market growth last year to around $2.7 billion, the legal marijuana market ceiling (if all states legalized) is currently just under $37 billion. According to analysts at ArcView, fourteen more states are geared up or are gearing up to legalize adult use, and at least two more states are headed toward implementing medical marijuana legislation by 2019. If only this amount of legalization or decriminalization occurs, the market would grow to around $10.8 billion, generating vast sums of tax revenue in the process.
Doubling down on this growing trend towards more sensible marijuana legislation and the taxable, multi-billion dollar industry it is rapidly fueling, is diversified construction, real estate development, and controlled environment agriculture player, Cherubim Interests (OTC: CHIT). With a footprint spanning diverse but synergistic industries, Cherubim is leveraging a unique, hybrid business model in order to maximize shareholder benefit. A model which is driven by alternative commercial, single and multifamily dwelling opportunities on the one hand, and by exploitation of the company’s exclusive worldwide license for proprietary plant cultivation technology, via its wholly-owned BudCube Cultivation Systems USA subsidiary, on the other.
BudCube’s portable, scalable cultivation system allows cultivators quick entry into the market using a logistically more efficient solution than traditional site build out and cultivation system implementations – and at a substantially lower price point to boot. Tag teamed with a real estate development and property management effort, BudCube Cultivation Systems can strike like lightening, and rapidly hit anywhere on earth that cannabis cultivation becomes legalized. Whether it is taking existing square footage and dropping in an array of BudCube’s, or leasing BudCube’s to cultivators as a drop-in, no nonsense solution for easily maintaining crop integrity, yield, and potency – Cherubim Interests is aiming to ride the crest of the green rush all the way to money town.
Investor upside is serious business for CHIT, too, with the recent issuance of a Convertible Preferred Stock Dividend to individual shareholders clearly marking the front end of what is an entire series of carefully planned initiatives designed to bolster stockholder equity. This raft of stimuli is also intended to serve as a schematic moving forward, pulling in more and more investment as Cherubim Interests accelerates into the acquisition of undervalued assets. To wit, on November 5, CHIT initiated a move to fund the acquisition of one or more income producing properties via the issuance of convertible preferred shares, with preferred shareholders receiving dividends that are tied directly to property income.
Cherubim is keeping its lips tightly sealed until negotiations have been finalized, but anticipates disclosing the location of the initial target location within weeks. CEO of CHIT, Patrick Johnson, indicated to markets that the company currently has a number of potential locales in the hopper with strong investment potential, and that the company is now quite busy with the final due diligence on a carefully vetted handful of other targets.
Exciting times for a company like CHIT, with its extensive real estate development know how spanning due diligence, acquisition and planning, as well as construction, renovation, and eventual property management. With its bedrock in handling full-spectrum, start-to-finish development programs on properties for commercial, single and multifamily, as well as mixed use, Cherubim Interests is perfectly positioned to capitalize both on the real estate market, where housing starts were up 6.5 percent in September, with an 18.3 jump in multifamily units (including apartments and condos), and the burgeoning marijuana market.
Learn more about Cherubim Interests by visiting www.cherubiminterests.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
Contrary to one of the leading memes put forth to explain the recent Ohio electoral defeat of Issue 3, which would have made marijuana legal and taxed, this was not really a rejection of the concept itself, so much as the proposed implementation methodology. Cultivation, you see, would’ve been limited to a tiny handful of only ten pre-chosen properties and the formation of Ohioans against Marijuana Monopolies by Democratic Rep. Mike Curtin, which led the charge against this looming threat, was a clear shot across the sector’s bow when it comes to the formation of monopolistic or cartel-like market structures.
The issue of marijuana legalization is far from dead in Ohio and many analysts are chalking up a big portion of the recent down vote to skittishness at plunging into the deep end head first. For unlike other states that approved medical marijuana in advance of legalization, Ohio was attempting to quit prohibition cold turkey.
Legal marijuana is the fastest growing industry in the country right now, with leading sector analysis shop, ArcView Market Research, clearly detailing the case in report after report. ArcView’s State of Legal Marijuana Markets report is now in its third edition and indicates that, in addition to 74 percent market growth last year to around $2.7 billion, the legal marijuana market ceiling (if all states legalized) is currently just under $37 billion. According to analysts at ArcView, fourteen more states are geared up or are gearing up to legalize adult use, and at least two more states are headed toward implementing medical marijuana legislation by 2019. If only this amount of legalization or decriminalization occurs, the market would grow to around $10.8 billion, generating vast sums of tax revenue in the process.
Doubling down on this growing trend towards more sensible marijuana legislation and the taxable, multi-billion dollar industry it is rapidly fueling, is diversified construction, real estate development, and controlled environment agriculture player, Cherubim Interests (OTC: CHIT). With a footprint spanning diverse but synergistic industries, Cherubim is leveraging a unique, hybrid business model in order to maximize shareholder benefit. A model which is driven by alternative commercial, single and multifamily dwelling opportunities on the one hand, and by exploitation of the company’s exclusive worldwide license for proprietary plant cultivation technology, via its wholly-owned BudCube Cultivation Systems USA subsidiary, on the other.
BudCube’s portable, scalable cultivation system allows cultivators quick entry into the market using a logistically more efficient solution than traditional site build out and cultivation system implementations – and at a substantially lower price point to boot. Tag teamed with a real estate development and property management effort, BudCube Cultivation Systems can strike like lightening, and rapidly hit anywhere on earth that cannabis cultivation becomes legalized. Whether it is taking existing square footage and dropping in an array of BudCube’s, or leasing BudCube’s to cultivators as a drop-in, no nonsense solution for easily maintaining crop integrity, yield, and potency – Cherubim Interests is aiming to ride the crest of the green rush all the way to money town.
Investor upside is serious business for CHIT, too, with the recent issuance of a Convertible Preferred Stock Dividend to individual shareholders clearly marking the front end of what is an entire series of carefully planned initiatives designed to bolster stockholder equity. This raft of stimuli is also intended to serve as a schematic moving forward, pulling in more and more investment as Cherubim Interests accelerates into the acquisition of undervalued assets. To wit, on November 5, CHIT initiated a move to fund the acquisition of one or more income producing properties via the issuance of convertible preferred shares, with preferred shareholders receiving dividends that are tied directly to property income.
Cherubim is keeping its lips tightly sealed until negotiations have been finalized, but anticipates disclosing the location of the initial target location within weeks. CEO of CHIT, Patrick Johnson, indicated to markets that the company currently has a number of potential locales in the hopper with strong investment potential, and that the company is now quite busy with the final due diligence on a carefully vetted handful of other targets.
Exciting times for a company like CHIT, with its extensive real estate development know how spanning due diligence, acquisition and planning, as well as construction, renovation, and eventual property management. With its bedrock in handling full-spectrum, start-to-finish development programs on properties for commercial, single and multifamily, as well as mixed use, Cherubim Interests is perfectly positioned to capitalize both on the real estate market, where housing starts were up 6.5 percent in September, with an 18.3 jump in multifamily units (including apartments and condos), and the burgeoning marijuana market.
Learn more about Cherubim Interests by visiting www.cherubiminterests.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
