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Agritek Holdings, Inc. Announces Grand Opening Of Wellness And Vacation Resort Property In Quebec, Canada As New Recreational Regulations For Country Are Approved
Agritek Holdings, Inc. Announces Grand Opening Of Wellness And Vacation Resort Property In Quebec, Canada As New Recreational Regulations For Country Are Approved.
About this update from Agritek Hldgs Inc
[{"type":"text","content":"\nLOS ANGELES, CA, June 19, 2018 (GLOBE NEWSWIRE) -- Agritek Holdings, Inc. (OTCQB: AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has received approvals and licenses for its \"420 Style\" resort and vacation bed and breakfast property approximately one hour outside of Quebec City, Canada. The  fifteen-acre estate catering to a wellness lifestyle and blending the hospitality sector to new deregulation of cannabis within Canada  consists of nine (9) unique guest suites, horse stables, private chef and spa services and is within walking distance to one of the most scenic  golf courses in Quebec, for guests staying exclusively at the resort.\n Agritek Holdings owns the exclusive operations and management agreement for the wellness property with one-hundred per cent of the revenue from bookings and the sale of wellness products. The Company has a ten year lease with the first right to purchase the resort and historical property, located at 26 Rue King, www.26RueKing.com, located in the French province of St. Pacome, Quebec . Just an hour flight from New York City, the  resort property will allow approved medical patients in Canada to order wellness products to be delivered during their stay via post, as well as those clients of the bed and breakfast coming from the US and around the world to order products once deregulation takes place over the next few months. The unique and first recreational property in Canada has already accepted bookings starting in September and has been marketed by the largest channel real estate travel brokers internationally and is presently listed on the largest travel sites in the world including Booking.com, Expedia, AirBnB.com amongst others.  In a recent report by New Frontier Data, it was stated, Canada is about to become the first G20 nation in the world to fully legalize cannabis and the implications are enormous. New Frontier Data projects the domestic Canadian cannabis market will reach (CAD) $9.2 billion by 2025. Combined, the Canadian medical and adult-use markets will rival that of California – which boasts the 6th largest overall economy internationally. See the full report her...