SOURCE: Advanced Cannabis Solutions

June 19, 2014 10:35 ET

Advanced Cannabis Solutions Announces Plans to Begin Construction of Greenhouses on Its Pueblo Property

COLORADO SPRINGS, CO--(Marketwired - Jun 19, 2014) -  Advanced Cannabis Solutions (ACS) (OTC: CANN) announced today that the company has received final building plan approval from the county of Pueblo and will begin construction on the first of five 9,000 square foot greenhouses. These light deprivation greenhouses will incorporate state of the art technology. Construction costs for the first greenhouse are budgeted at $400,000, with foundation work and site security upgrades expected to commence immediately. ACS's tenant, and co-owner of Steel City Meds, Aaron Schierling expressed his excitement with the project and stated, "This working partnership with ACS will allow our company to dramatically increase our production capability, while at the same time controlling costs significantly. We look forward to this first phase of greenhouse construction, and also to the completion of the full project in the coming years." Robert Frichtel, President and CEO of ACS, explains, "Our Pueblo project is anticipated to be a prototype for future ACS cannabis cultivation properties in multiple states."

About Advanced Cannabis Solutions

ACS provides a comprehensive set of solutions to the regulated cannabis industry. The Company does not grow, harvest, distribute or sell cannabis or any substances that violate United States law or the Controlled Substances Act, nor does it intend to do so in the future.

ACS provides services in real estate leasing, cannabis business consulting, wholesale distribution, and educational products. ACS works exclusively with licensed and regulated clients.

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