NEWS CGrowth Capital Expands on Manufacturing F
Post# of 489
Posted On: 08/03/2016 7:45:45 AM
NEWS
CGrowth Capital Expands on Manufacturing Facility
Accesswire August 2, 2016
SILVERDALE, WA / ACCESSWIRE / August 2, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company"
is pleased to update investors on progress at its cannabis manufacturing facility. The Company first initiated an aggressive expansion for its tenant, Wildfire Cannabis Company, by creating a 50,000 sq. ft. outdoor growing space which is estimated to result in 25,000 sq. ft. of cannabis canopy (photos may be found on the Company's Facebook page). Concurrently, the parties have entered into Phase II of development and are increasing the indoor grow to 210 lights in an effort to maximize year-round opportunity and increasing future lease revenues for the Company.
Additionally, the Company is working with engineers on a design build for a turnkey processing center for legal processors in Washington State. The facility is to include oil extraction machines, which the Company will bill according to their usage, adding new revenue streams for the Company. And finally, the Company's subsidiary, Chewelah Properties, LLC, has completed improvements on holding tanks and commercial ADA bathrooms per the company's SEPA, setting the stage for continued growth at the facility.
"Construction projects can be time consuming, but ultimately become the foundation for our success," stated Bill Wright, CEO of CGrowth Capital, Inc. "The effort put in to complete these projects in an expedited manner will pay off considerably for both the Company and that of our tenant. Revenues in this sector may seem to start out slower when you are anxious for something to happen, but once they start they become a force that does not quit."
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. Through wholly owned subsidiaries, the Company has begun to strategically leverage real estate assets for maximum value within newly developing industries currently underway in Washington State.
For more information and updates about CGrowth Capital and its subsidiaries, visit their websites or Facebook pages:
http://www.CGrowthCapital.com
http://CGrowthCapitalBond.com
https://www.facebook.com/CGrowthCapital
CGrowth Capital Expands on Manufacturing Facility
Accesswire August 2, 2016
SILVERDALE, WA / ACCESSWIRE / August 2, 2016 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company"
is pleased to update investors on progress at its cannabis manufacturing facility. The Company first initiated an aggressive expansion for its tenant, Wildfire Cannabis Company, by creating a 50,000 sq. ft. outdoor growing space which is estimated to result in 25,000 sq. ft. of cannabis canopy (photos may be found on the Company's Facebook page). Concurrently, the parties have entered into Phase II of development and are increasing the indoor grow to 210 lights in an effort to maximize year-round opportunity and increasing future lease revenues for the Company. Additionally, the Company is working with engineers on a design build for a turnkey processing center for legal processors in Washington State. The facility is to include oil extraction machines, which the Company will bill according to their usage, adding new revenue streams for the Company. And finally, the Company's subsidiary, Chewelah Properties, LLC, has completed improvements on holding tanks and commercial ADA bathrooms per the company's SEPA, setting the stage for continued growth at the facility.
"Construction projects can be time consuming, but ultimately become the foundation for our success," stated Bill Wright, CEO of CGrowth Capital, Inc. "The effort put in to complete these projects in an expedited manner will pay off considerably for both the Company and that of our tenant. Revenues in this sector may seem to start out slower when you are anxious for something to happen, but once they start they become a force that does not quit."
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. Through wholly owned subsidiaries, the Company has begun to strategically leverage real estate assets for maximum value within newly developing industries currently underway in Washington State.
For more information and updates about CGrowth Capital and its subsidiaries, visit their websites or Facebook pages:
http://www.CGrowthCapital.com
http://CGrowthCapitalBond.com
https://www.facebook.com/CGrowthCapital
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