CGrowth Capital Receives Clearance for Cannabis Op
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SILVERDALE, WA / ACCESSWIRE / April 5, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company" is pleased to announce that it has received a Determination of Non-Significance ("DNS" from Stevens County regarding the Company's application to allow its Eastern Washington industrial facility to transition from a mineral processing site to one that can grow and process cannabis. The effect of the DNS clears the way for the Company to proceed with its plans to lease portions or all of its 47-acre site to company's legally producing and/or processing cannabis and its byproducts in the state of Washington.
"The wheels of government may seem to move slow at times - but they definitely move. A lot of work has gone into preparing the determination and we want to thank Stevens County Building Division staff and Tri-County Health District for their thorough work and guidance on this project. Patience and diligence has paid off again for us." stated Bill Wright, CEO of CGrowth Capital, Inc. "With our SEPA Determination in hand, we have a green light to wrap things up on the industrial site and begin activating our leasing plan to legalized cannabis licensees. Wildfire is just the beginning."
The Company previously announced an initial lease to Wildfire Cannabis Company ("Wildfire" , a Tier 3 cannabis operation. Under its license, Wildfire is qualified to manage up to 30,000 square feet of plant production. The Company is in the process of providing Wildfire its initial turnkey building space, with the objective of fulfilling the entire 30,000 square feet, plus a separate processing facility.
For more information about the SEPA determination, please visit the Stevens County Building Division website to download the determination: http://www.co.stevens.wa.us/landservices/buil...vision.php.
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. The Company continues to serve as an alternative asset management company for businesses and assets focused on all aspects of mining, minerals, exploration, and commercial real estate. The processing of metal ore mining, mineral and specialty rock extraction, as well as oil and gas production, are multi-billion dollar market opportunities which is capitalized on through processing, sales, contracting and licensing of assets. CGrowth Capital's services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold, silver, oil and gas, and dolomite to market. CGrowth Capital will focus on acquiring land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of operations.
For more information and updates about CGrowth Capital, visit their website or Facebook page:
http://www.CGrowthCapital.com
https://www.facebook.com/CGrowthCapital
Investor Inquiries:
CGrowth Capital, Inc.
888-218-2472