ARCTURUS TO ACQUIRE ESTABLISHED FLORIDA GREENHOUSE ZONED FOR MEDICAL MARIJUANA CULTIVATION

Arcturus has signed a Letter of Intent (“LOI”) to acquire a 10-acre operating greenhouse in Florida, which is in a designated zone to legally cultivate, process and dispense cannabis. The greenhouse fits Florida’s stringent criteria for agricultural farmers looking to manufacture legal cannabis, which, under the current law, requires applicants to have been in operation as a registered nursery in Florida for at least 30 continuous years and to possess a valid certificate of registration for the cultivation of more than 400,000 plants.

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Click here to view Arcturus Growthstar Technologies Inc.’s Corporate Overview:

AGS Overview 2016

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