XTRM Cannabis Ventures Closes Escrow on 40 Acre Parcel to Grow and Process Hemp and Marijuana
March 12 2014 - 9:01AM
Access Wire
Temecula, CA / ACCESSWIRE / March 12th, 2014 / Extreme
Biodiesel, Inc. (XTRM) today announced that its wholly owned
subsidiary XTRM Cannabis Ventures has just closed escrow the 40
acre parcel in California with plans to cultivate Hemp and
Marijuana as well as the construction of a massive indoor grow
facility and container park.
XTRM Cannabis Ventures has plans to develop the 40 acres to
accommodate up to at least five 20,000 sq ft warehouses for indoor
marijuana / cannabis growth, 20 acres for outdoor Hemp cultivation
for biodiesel, an industrial center to process marijuana / cannabis
into smokeless products and a Medical Marijuana Container Park.
President Joseph Spadafore stated "Closing this property early
has always been our goal. The Marijuana sector is
experiencing rapid growth and I want XTRM to be in position to take
advantage of all areas of the sector as the states and federal
government ease restrictions or change laws. The build out of this
project will comply with the law, and now that escrow has closed we
will be posting video and pictures of the land in the coming days
on the XTRM Cannabis Website." http://xtrmcannabisventures.com
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, Inc.
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