MILFORD, Mass., Oct. 14, 2021 /PRNewswire/ -- Grow Space New England will be showcasing its latest cultivation sites planned for development starting this spring in Massachusetts with two immediate opportunities for investors and cultivators. The Company's latest "outdoor grow" site in Orange, MA is now being made available for investors through a special crowd fund platform hosted by KoreConX and RIALTO, a FINRA registered broker-dealer. Grow Space Orange will be hosting two licensed cannabis cultivators who will lease their facilities from Grow Space. Potential investors will be encouraged to sign-up and "register" to be connected with the crowd fund program after the Las Vegas show. In addition, Grow Space will be showcasing its greenhouse projects available for accredited investors starting with the Company's 33,000 square-foot Westfield, MA greenhouse facility being built for Sun Grown alternatives, a Springfield, MA cultivator. Both the Orange and Westfield projects are "shovel-ready" and considered by the Company to be excellent investment opportunities.
For cultivators, Grow Space is actively seeking a tenant or tenants for its 30,000 square foot indoor facility building in Templeton, MA that is perfectly positioned for indoor cultivation, processing and perhaps more with local approvals. The Company will have material on-hand that fully describes this project and building attributes and will be accepting reservation agreements with a retainer deposit that gives a cultivator an option on assuming a lease on this property. Grow Space believes this is an exceptional opportunity for a commercial cultivator to quickly get to market with an existing building facility that is virtually ready for immediate development and production. In addition, that tenant will have the first option on Grow Space's planned 30,000 sf greenhouse facility on an adjacent 16 acres, creating a potent cultivation site for one or more cannabis cultivators.
Make sure to see Grow Space New England in Las Vegas at booth #C7118. Attendees who register for any of these three exciting programs are eligible to win some exciting swag including Grow Space duffle bags and more.
For More Information Contact:
221 East Main Street Milford MA 01757
Forward Looking Statements
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties and there can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events. When used in this news release, words such as "will, could, plan, estimate, expect, intend, may, potential, believe, should," and similar expressions, are forward-looking statements. Forward-looking statements may include, without limitation, statements related to future developments and the business and operations, statements regarding future financial performance of the Company, statements regarding commencement and completion of construction of facilities, the availability of financing, the accretive nature of a transaction, the impact on the current and future business of the Company and other statements regarding future developments of the business. Although the Company has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to obtaining regulatory approvals; and engagement in activities currently considered illegal under U.S. federal laws; change in laws; limited operating history; reliance on management; the impact of COVID-19; requirements for additional financing; competition; hindering market growth due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry; and regulatory or political change. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law, and the Company does not assume any liability for disclosure relating to any other company mentioned herein.
SOURCE Grow Space New England