EYECITY.COM ANNOUNCES DEVELOPMENT PROJECT FOR 47 ACRES WITH EXISTING GROW OPERATIONS IN WASHINGTON STATE
07 Dezember 2020 - 4:15PM
InvestorsHub NewsWire
EYECITY.COM ANNOUNCES
DEVELOPMENT PROJECT FOR 47 ACRES WITH EXISTING GROW
OPERATIONS IN WASHINGTON STATE
Land of
Lakes, FL
-- December 7, 2020 -- InvestorsHub NewsWire
-- Eyecity.com Inc.
(OTC
PINK:
ICTY) announces a memorandum of
understanding has been executed with terms
under which prescribe the Company's working
investment partner role in a 47-acre industrial complex located in
Chewelah, Washington. The terms provide for the Company to
become a 50% or more equity partner in the massive
complex.
Present operations at the
location include a producing Tier 3 grow license operation.
The site's capacity has the ability to house exponentially larger
grow operations beyond present operating levels.
The property includes:
- 47 total
acres
- An approved
SEPA for further expansion
- The property
can support over 100,000 sq ft of grow canopy
operations
- Retail
operation ready to move in when tenant improvements
complete
- 90,000 sq ft
of new buildings approved
- Plans for
8,000 sq ft commercial kitchen ready for submission
Bradley Wilson,
CEO of ICTY, stated, "On behalf of the Company and myself we would
like to thank our long term shareholders who have stuck with us
during the lean times. It is with great joy that we have been
able to bring the Company back to Current status on the OTC and we
have been working diligently to get to where we are
today."
Mr. Wilson further stated,
"As we move forward on this project, our Company will be working
alongside our partners to build revenues, expand business lines and
create new opportunities as related to this incredible piece of
real estate. We have many exciting aspects to this project
that we look forward to rolling out and announcing in the weeks and
months ahead. Today's announcement is just the tip of the
iceberg so to speak."
Follow us on Twitter at https://twitter.com/CannaDevCo
Safe Harbor: This
Press Release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These forward-looking
statements are based on the current plans and expectations of
management and are subject to a number of uncertainties and risks
that could significantly affect the company's current plans and
expectations, as well as future results of operations and financial
condition. A more extensive listing of risks and factors that may
affect the company's business prospects and cause actual results to
differ materially from those described in the forward-looking
statements can be found in the reports and other documents filed by
the company with the Securities and Exchange Commission and OTC
Markets, Inc. OTC Disclosure and News Service. The company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact: Bradley
Wilson,
President
contact@cannadevco.com
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