Business
The CannaBusiness Group, Inc. acquires 17.3 Acres of Land with a Licensed California Medical Marijuana Cultivator Tenant
The CannaBusiness Group, Inc. acquires 17.3 Acres of Land with a Licensed California Medical Marijuana Cultivator Tenant.
About this update from Cannabusiness Group Inc
[{"type":"text","content":"\n\n\n\nThe CannaBusiness Group, Inc. acquires 17.3 Acres of Land with a Licensed California Medical Marijuana Cultivator Tenant\n\n\n\n\n\nThe CannaBusiness Group, Inc. acquires 17.3 Acres of Land with a Licensed California Medical Marijuana Cultivator Tenant\nPR Newswire\nLONDON, March 6, 2014\n\n\n\nLONDON, March 6, 2014 /PRNewswire/ --\n\nThe CannaBusiness Group, Inc. (OTC: CBGI) Mission Viejo, Ca. March 6, 2014, acquires commercial property or land, they lease out the facilities for Agricultural, Industrial, Commercial and Retail, while managing the properties that it has acquired and leased out. http://www.thecannabusinessgroup.com\n\nThe facility has a tenant that is a state licensed California medical marijuana cultivator. The land is 17.3 Acres located in Northern California with its own water source which has never been without water. The property is being purchased for $275,000 with restricted common stock and cash.\n\nThe CannaBusiness Group, Inc. CEO Michael Cummings commented, \"This purchase represents the type of transaction that The CannaBusiness Group, Inc. aspires to accomplish. The property is located in Butte County, California. And we believe a purchase like this meets our financial criteria and gives us a great asset base to build off as we continue to execute our strategy of acquiring land or commercial properties.\"\n\nAlso, Mr. Cummings stated that The CannaBusiness Group, Inc. will continue to execute our business plan and reach our goals. I am very confident that we have put together a plan that will allow us to succeed.\n\nAbout The CannaBusiness Group, Inc\n\nThe CannaBusiness Group Inc. (\"CBGI\") founded in 1985 and is headquartered in Mission Viejo, California we are a publicly held company vested as a strategic real estate acquisition, leasing, and management firm whose primary focus is on zoning issues. We acquire commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial and Retail, whether small or large scale clients.\n\nThe CannaBusiness Group, Inc. manages a portfolio of properties that it acquires and leases. We provide oversight on each and every property we manage. This can include complete architectural design and subsequent build-outs, general support, landscaping, general up-keep, and state of the art security systems.\n\nCBGI developed an acqu...