Indie Growers Association Inc.

June 30, 2014 10:35 ET

Indie Growers Association Finalizes Agreement With River Ridge Sunshine Farms LLC.

CARSON CITY, NEVADA--(Marketwired - June 30, 2014) - Indie Growers Association (OTCQB:UPOT) is pleased to announce that it has completed its due diligence and closed the transaction with Ricardo Esparza for the acquisition of River Ridge Sunshine Farms LLC. Under the terms of the agreement, Esparza transferred his 100% ownership in River Ridge Sunshine Farms LLC in exchange for 62,000,000 restricted shares of the common stock of Indie Growers Association.

River Ridge Sunshine Farms LLC holds a 10 year, renewable lease on an agricultural property in Prosser, Washington. Currently construction is underway on approximately 1,412 square feet of warehouse space, 1,536 square feet of greenhouses, and twenty-one thousand square feet of outdoor growing area. The property is subleased to Cannabliss Organic Gardens, a licensed medical marijuana grower who expects to be approved for its Tier 3 license in time for the summer/fall outdoor growing season. Under the terms of the sublease, River Ridge Sunshine Farms LLC will receive sufficient rental income to expand construction onto adjacent properties. River Ridge Sunshine Farms LLC intends to sublease these adjacent properties to other Tier 3 licensees.

"Indie Growers Association has been actively searching for real, attainable and diversified projects to continue to bring our shareholders value to their portfolio", stated Robert Coleridge, Director of Indie Growers Association. "We're extremely excited about the growth and income potential with the company's agreement with River Ridge Sunshine Farms LLC. We look forward to meeting the demand for agricultural land to fulfill the needs of growers for turnkey greenhouse facilities."

"As the new partner in this business venture, I am confident that River Ridge Sunshine Farms will help Indie Growers Association move to the forefront of the cannabis industry. There are 13 adjacent lots River Ridge Sunshine Farms has the option to lease and build on. This will give many more Tier 3 growers the opportunity to cultivate their crops in a safe and secure location. The earning potential of these leases will make this company one of the leaders and pioneers in this new era of agriculture enterprises", stated Ricardo Esparza.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, including the Company's beliefs about its business prospects and future results of operations. Some factors that could cause actual results to differ materially include economic and operational risks, changes in anticipated earnings, continuation of current contracts, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 10-K and 10-Q. The Company forecasts provided above are dynamic and therefore refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public. This news release has been issued by the Company as required by law and per the Company's listing and reporting obligations.

Indie Growers Association Inc.

Robert Coleridge, President

Contact Information