DALLAS, TX--(Marketwired - Mar 26, 2017) - Budcube Cultivation Systems ("BCS"), a subsidiary of Cherubim Interests, Inc. (OTC PINK: CHIT) ("the Company"), an expansion-stage alternative construction and real estate development company, announces that it has met with and are in final negotiations with 6 different cannabis farmers currently under leases that require industry-agnostic tenant finish out services.
BudCube Cultivation Systems USA ("BCS") has developed a proprietary, fully portable and scalable, Controlled Environment Agriculture Technology that serves as a turnkey solution for cultivators of legal medical and recreational cannabis. Coupled with a real estate development and property management business model, BudCube Cultivation Systems can position itself anywhere in the world where the cultivation of cannabis is legal.
"Over the previous week, we have met a number of licensed cannabis farmers in the Portland, Oregon area who require tenant finish out services for their commercial real estate properties," said CHIT CEO Patrick Johnson. "As the cannabis industry further evolves, the company will be well positioned to capitalize on the increased demand for industry agnostic construction services. BudCube Construction Services will provide industry agnostic tenant finish out services to third party cannabis producers.
The company is currently in lease discussions to open its construction office in the Portland Oregon area, and expects to close with at least one farmer in the next month.
IMPORTANT DISCLOSURE: Cherubim Interests, Inc. (OTC PINK: CHIT) and BudCube Cultivation Systems USA is planning execution of its stated business objectives in accordance with current understanding of State and Local Laws and Federal Enforcement Policies and Priorities as it relates to Marijuana (as outlined in the Justice Department's Cole Memo dated August 29, 2013), and plan to proceed cautiously with respect to legal and compliance issues. Potential investors and shareholders are cautioned that the companies will obtain advice of counsel prior to actualizing any portion of their business plan. Advice of counsel with regard to specific activities of the companies, Federal, State or Local legal action or changes in Federal Government Policy and/or State and Local Laws may adversely affect business operations and shareholder value.
About BudCube Cultivation Systems
BudCube Cultivation Systems USA ("BCS") has developed a proprietary, fully portable and scalable, Controlled Environment Cultivation Technology that serves as a turnkey solution for cultivators of legal medical and recreational cannabis, as well as any other plant species. Coupled with a real estate development and property management business model, BudCube Cultivation Systems can position itself anywhere in the world where the cultivation of cannabis is legal.