Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is pleased to announce that following the execution of a multi-year Consulting Agreement with a Yampa, CO based medical marijuana grower, it is in negotiations for the purchase and build out of a 3,600 sq. ft. warehouse. The warehouse is attractive as it has required infrastructure for a multi-level, fully automated grow facility.
As previously reported, the existing 7,400 sq. ft. Yampa grow building is now available within 60 days and we are concluding negotiations for the purchase of the facility. Plans are being prepared to upgrade and fully automate the structure allowing the grower a more cost effective operation.
Both these facilities will be start of the art and are highly desired by marijuana growers.
As Gold Coast is becoming well known in the marijuana industry, the Company has been approached with opportunities in the cannabis sector in Colorado and other states. Current discussions regarding attractive business opportunities are occurring in Oregon, Washington and Maine. In fact, the Company will be traveling to Maine next week to further discussion on two exciting opportunities.
CEO Michael Shea commented, "Having closed our first Consulting Agreement, we are anxious to continue this growth. I continue to review numerous proposals allowing us to be very selective of which ones to spend time on due diligence to ensure a maximum return to the Company."
