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Cannabis Consortium and Its Partners Execute Lease for 5,000 Sq. Ft. Retail Space Just Outside Los Angeles, ca
Cannabis Consortium and Its Partners Execute Lease for 5,000 Sq. Ft. Retail Space Just Outside Los Angeles, ca.
About this update from Aj1g Inc.
[{"type":"text","content":"\n\n New 5,000 sq. ft. retail and consumption locationCannabis and its partners will own 50% of this retail location1 to 2 more deals will close later this month COCONUT CREEK, Fla., April 02, 2018 (GLOBE NEWSWIRE) --  via OTC PR WIRE--Bahamas Development Corporation (OTCPINK: BDCI) subsidiary company Cannabis Consortium, Inc and its partners have executed a lease for a 5,000-square foot space just outside Los Angeles, CA.\n The building is one of only two locations zoned for \"On Site Consumption\" of cannabis, and is sited across a local landmark with heavy foot traffic and ample parking facilities. The plan is to buildout a VIP area inside the space to attract high-end clientele. The City is only issuing 8 retail licenses. Cannabis Consortiums strategy was to align itself with partners in this location who have over 15 years' experience and hold 10 licenses, along with Counsel having a 100% track record in successfully receiving licenses for cannabis facilities. Renderings of the building will be submitted along with our application. After the application has been submitted, Cannabis will upload the building images to its website. It is anticipated the licensing phase shall take up to 120 days from the date of submission. Over the next 2-4 weeks Cannabis and its partners will execute and fund at least 1 possibly 2 more transactions in the MJ sector, with further transactions planned for 2018. The group has moved on from the earlier announced dispensary because the current transaction is much more economically attractive. About Cannabis Consortium: Cannabis Consortium is actively pursuing five (5) revenue streams in the cannabis marketplace: Specialty itemsFoodstuffs/EdiblesBeveragesInvestmentResearch/New Products The first three (3) revenue streams are comprised of edible products and ancillary items related to the edible marketplace. The 4th streams investments into other private cannabis operations. The final stream, Research, will focus on the medical benefits of CBD oils for the treatment of animals. Bahamas Development Corporation, in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg FD. Forward-Looking Statements This news release contains \"forward-looking statements\" as that term is defined i...