XTRM Cannabis Ventures Sets Closing Date On 40 Acre Parcel For Hemp / Marijuana Cultivation - Targets Additional Properties F...
February 25 2014 - 8:01AM
Access Wire
February 25th, 2014 / Corona, CA / ACCESSWIRE / Extreme
Biodiesel, Inc. (XTRM) and its wholly owned subsidiary XTRM
Cannabis Ventures announced today the following updates regarding
the land development project.
40 Acre Hemp / Medical Marijuana Land Project
Update
The Company is pleased to report that it plans to close escrow
on the property on or before March 20th, 2014.
The project, when built out is expected to use the 40 acres to
accommodate up to five 20,000 sqft warehouses for indoor marijuana
/ cannabis growth, 20 acres for outdoor Hemp cultivation for
biodiesel, and an industrial center to process marijuana / cannabis
into smokeless products.
President Joseph Spadafore stated “The passage of the Farm Bill
and Marijuana Legalization Progress has really generated vast
opportunities for XTRM. We have already identified two
additional parcels of land in California that are candidates for
our planned Hemp To Biodiesel project and Marijuana cultivation
once approved by any state and/or federal authorities. Once
the 40 acre parcel is closed next month we plan to acquire at least
1 more parcel of land”
About Extreme Biodiesel and XTRM Cannabis
Ventures
Extreme Biodiesel is an alternative fuel and recycling company.
Our mission is to provide a cost-effective, high-quality
alternative diesel fuel, create "green" jobs, reduce the
environmental impact of fossil fuels and diminish US reliance on
foreign oil. Extreme Biodiesel is currently repositioning itself
into a holdings corporation with focuses on Bio Diesel, Real
Estate, Technology and Cannabis Sectors.
XTRM Cannabis Ventures is a wholly owned subsidiary of Extreme
Biodiesel focused in the sector of Medical Marijuana, Cannabis and
Hemp related products.
XTRM Cannabis Ventures Disclaimer
The Company would like to assure all investors that in all
cannabis related actions the Company is conferring with counsel to
be sure any business activities are deemed legal. XTRM advises all
investors to see the website being developed
at http://xtrmcannabisventures.com/
Investor Relations
Contact
info@extremebiodiesel.com
855-736-7360
Safe Harbor
Disclaimer
Forward-Looking Statements are included within the meaning of
Section 27A of the Securities Act of 1933, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements
regarding our expected future financial position, results of
operations, cash flows, financing plans, business strategy,
products and services, competitive positions, growth opportunities,
plans and objectives of management for future operations, including
words such as "anticipate," "if," "believe," "plan," "estimate,"
"expect," "intend," "may," "could," "should," "will," and other
similar expressions are forward-looking statements and involve
risks, uncertainties and contingencies, many of which are beyond
our control, which may cause actual results, performance, or
achievements to differ materially from anticipated results,
performance, or achievements. XTRM is under no obligation to (and
expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
Source: Extreme Biodiesel
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