NetworkNewsBreaks – Marijuana Company of America
Post# of 969
Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced the completion of the setup of 10,000 sq. ft. of greenhouse space in its Washington-based joint venture (“JV”) with Bougainville Ventures, Inc. Pending the completion of an anticipated inspection this week, the tenant grower will be able to commence cultivation in the greenhouse space. The setup marks the first 10,000 of an intended 30,000 square foot facility with the capacity to hold approximately 4,000 plants. “As landlords we are looking forward to providing a turnkey property to the first of hopefully many licensed tenants in Washington. Providing a turnkey facility for tenant growers is an ideal cultivation environment for tenants with minimal start-up capital and consistent rental income for MCOA,” MCOA CEO Donald Steinberg stated in the news release.
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