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Secure this 33,000 sq. foot deal for $IHSI Devon?

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Post# of 780
Posted On: 01/16/2016 12:43:49 PM
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Posted By: BURN.NOTICE88
Secure this 33,000 sq. foot deal for $IHSI Devon?

It definitely would be "a game changer..."

http://fox5sandiego.com/2016/01/04/building-p...uana-grow/

Posted 6:23 PM, January 4, 2016, by Misha DiBono, Updated at 12:06pm, January 5, 2016

EL CAJON, Calif -San Diego County’s first legal marijuana cultivation collective should be fully operational in a matter of months.

OutCo Laboratory's building permit was granted two weeks ago -- the final hurdle in a 2-year process. As mandated by state and county ordinances, OutCo Labs is situated in an industrial area of El Cajon behind Gillespie Field. The 15,000- square-foot building is well on its way to being cultivation ready. If all goes as planned, in three months the large warehouse floor will be a sea of green plants.

“In a collective, you can grow on behalf of the members,” said OutCo Labs CEO Lincoln Fish. “We are approximately 7000 members.”


But that’s just the beginning. Their long-range plans have them producing 300 to 400 pounds of marijuana per harvest. There are typically four to six harvests a year.

“We are taking over the second half of this building, and then we have another space about a mile and a half from here. And we're building another cultivation a mile and a half from here,” Fish explained.

That one is an additional 18,000 square foot building, he said.
In anticipation of the impending reclassification of marijuana and changing federal laws the collective is laying the foundation to be the first in a new market.

“We want to be the company that's positioned where people say. you can count on these guys -- they’re products, because this new market will demand it," Fish said.

San Diego County Supervisor Dianne Jacobs, U.S. Attorney Laura Duffy and San Diego County District Attorney Bonnie Dumanis office all declined requests from FOX 5 to comment on OutCo's plans, but according to Fish, they are supportive of the project despite the federal laws against marijuana cultivation.

“It’s still a federal crime, however as long as you abide by the federal and state guidelines, the federal government is not going to aggressively take action," Fish predicted.

OutCo has already acquired several other properties for future expansion of their cultivation operation. The company hopes to employ about 200 people by 2017.


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