DENVER, CO and TORONTO, ON--(NewMediaWire - Oct 30, 2017) - Blue
Diamond Ventures, Inc. (OTC PINK: BLDV) will build a state of
the art cultivation facility for the newest licensed producer in
Ontario, Canada. Quality Green Inc. was
added to the Health Canada web-site on Friday making them the 39th
licensed grower in Ontario. Quality Green is now preparing for the
future, even before their first test grow, they are already
thinking expansion by planning an addition to the newly licensed
facility in Canfield ON, making the BLDV turn-key project, the 3rd
Cultivation Project for Quality Green Inc.
"The timing on this is perfect to use the upcoming MJ Business
Conference in Las Vegas to bring Quality Green together with our
other strategic partners. The Blue Diamond Suite of Services was
launched at the same conference in Orlando in May 2016," said Josh
Alper CEO of BLDV. "We have kept our focus on the core package of
Real Estate, Sanitation and Technology, the new facilities will
employ the latest anti-microbial strategies, and attempt to
integrate innovative technologies from Israel where competitive
advantages can be defined."
Pre-Fabricated Grow Rooms that jumpstart production, Vertical
Growing Systems to optimize space, Heavy Duty Hydroponics to cut
down on maintenance, and LED Lighting to enhance cannabinoids, are
just a few of the products that will be specified for the new
facilities during the next 60 days.
This first project is currently estimated at a cost of $1.2
Million USD, $700K for purchase of an existing building and an
additional $500K for buildout and construction/project fees. BLDV
is expected to deliver a fully functional cultivation facility
within 12 months or the period approved by Health Canada.
"Smaller marijuana cultivators will have to be more nimble and
strategic to succeed in Canadian provinces dominated by
government-run retail monopolies, but the sales model itself won't
make doing business impossible," says Matt Lamar in his
article for Marijuana Business Daily. "Smaller producers will have
options to pursue potentially lucrative niches."
Executives identified the following opportunities:
The medical marijuana market and building strong relationships
with patients.
- BLDV will deliver targeted therapies from Israel with
proven results.
The recreational market in provinces that are less likely to
have a government-run retail monopoly.
-BLDV is monitoring the legislation process to select
the best future locations.
Organic and branded premium adult-use products.
-Quality Green Inc. is committed to Premium
Flower.
About BLDV:
Blue Diamond Ventures, Inc. is a diversified customer centric
Management / Holding Company; Blue Diamond Ventures, Inc. seeks
opportunities in various markets and is driven by critical
thinking, the scientific method and compassionate ways to deliver
sustainable results.
Safe Harbor:
This press release contains forward-looking statements. Such
forward-looking statements are subject to several risks,
assumptions, and uncertainties that could cause the Company's
actual results to differ materially from those projected in such
statements. Forward-looking statements speak only as of the date
made and are not guarantees of future performance. We undertake no
obligation to publicly revise any forward-looking statements.