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Chemistree Technology Inc. (CSE: CHM) (OTC: CHMJF), an investment company focused on the U.S. and international cannabis sectors, provides turnkey solutions for the regulated cannabis industry. The company leverages managements’ expertise and decades of experience in the cannabis industry to acquire and develop vertically integrated cannabis
assets. Chemistree recently closed on a purchase of prospective cannabis cultivation property in California, made a first investment in the Canadian cannabis industry, owns assets in the State of Washington used to operate an established retail cannabis brand, and has an active pipeline of assets in place to grow its portfolio.
Considerations:
- An investment company focused on the U.S. and international cannabis industries
- Purchased undeveloped California property zoned for cannabis production and conditionally permitting three 68,000-square-foot cultivation buildings
- Invested in a Canadian cannabis producer and processor that plans to retail locally produced “BC Bud” nationwide in Canada
- The company acquired cannabis cultivation and distribution assets in the state of Washington currently under lease to a retail cannabis brand operator
- Management team has decades of combined experience and expertise in the cannabis industry
- The U.S. legal cannabis market is projected to be worth more than $24 billion by 2025, with Canada market that year forecast to have a value of CAD$9.2 billion
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