INGLEWOOD, CA--(Marketwired - Jul 18, 2016) - Green Cures & Botanical Distribution Inc. (OTC PINK: GRCU) ("Green Cures"), a medical marijuana and industrial hemp products innovator, announced today that the company is in final stages of their negotiations to lease 20 acres of agricultural land in the Adelanto, CA area.
GRCU's major negotiations to lease 20 acres with the option to purchase are months ahead of the November legalization vote in California. This is a win-win situation once finalized and acquired, as the company is also currently in talks with an already established licensed grower. Upon fully acquiring the land, GRCU will be major steps ahead of competition that will have to go through the lengthy licensing process.
GRCU is very excited about this opportunity to be a part of this major movement in the medical marijuana sector and expects to build a strong foundation that will enable the company to lead the way in cultivation at the public level.
The city of Adelanto is in San Bernardino County, California about 9 miles northwest of Victorville in the High Desert portion of the Inland Empire of the Greater Los Angeles Area.
As conversations of big names from the entertainment industry swirl about interest for licensing, high profile celebrities such as Ky-Mani Marley, one of Bob Marley's sons, has reportedly already signed on to license a strain of cannabis that will be grown there. Ky-Mani Marley is only one amongst other well-known celebrities potentially entering into business in the city of Adelanto. It appears the city of Adelanto is on the radar and just getting started as more and more are showing real interest in the city's cultivation industry and it's very apparent that the city Council is on board.
In addition to the entertainment industry's substantial interest, there have been several others who are snatching up property to build and cultivate their own facilities. Huge names such as Fat Jack's Bar and Grill from the neighboring Apple Valley, Organix out of Santa Ana and East L.A. Caregivers, as well as Anaheim Hills Real Estate developer Manooch Khanbeigi, to name a few who are getting in now.
Additionally, an initiative campaign to legalize marijuana for adults in California, otherwise known as Proposition 64, has achieved a $5.5 million repository. Major financial backers are bringing in serious contributions to allow Californians 21 and older to possess up to an ounce of marijuana, up to 8 grams of concentrated cannabis and up to six plants. Of course there is the opposition, however, recent polls show some 60% of likely voters support legalization with only four months to go before the election.
The company believes this will be an industry-wide explosion, and GRCU is on the path of being a one-stop-shop for this huge economic opportunity and will gain a significant market footprint that will not only benefit the company, but its shareholders and future investors for years to come.
ABOUT GREEN CURES & BOTANICAL DISTRIBUTION INC.
Green Cures & Botanical Distribution Inc. is a development stage company that wholesales and retails hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc. operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc. is continuously creating and introducing products that promote a healthy life style. Icon Beverages will make up the beverage division of GRCU which will feature celebrity iconic notables who are recognized worldwide.
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