Toronto, Ontario–(Newsfile Corp. – August 13, 2019) – Oxford Investments Holdings Inc. (OTC Pink: OXIHF) (“Oxford” or the “Firm”) is happy to announce that its Florida-based subsidiary, Pioneer Inexperienced Farms LLC. (“Pioneer Inexperienced”), has entered into an settlement with Drymon’s Citrus Nursery (“Drymon’s”) to organize for hemp cultivation operations in Florida. Pioneer Inexperienced Farms is at the moment rising hemp in Colorado pursuant to its joint-venture with Colorado-based Sugar Magnolia Hemp Farms LLC. The Pioneer Inexperienced Farms Sarasota-based operation will probably be concentrating on clone propagation for US distribution.
The State of Florida legalized hemp farming as of July 1, 2019 after the passage of the 2018 Farm Invoice. Potential hemp farmers are nonetheless awaiting the legislative framework beneath which it will likely be administered. The ultimate legislative articles are being reviewed and the Florida Dept. of Agriculture’s purpose is to launch the purposes by fall 2019.
Pioneer Inexperienced has secured a 25-year lease of a farm property with Drymon’s Citrus Nursery of Sarasota, Florida. The property may have six 30ft x 100ft greenhouses specializing in clone propagation and an related extraction facility which will probably be constructed to supply full spectrum Hemp oil. It’s anticipated that the 18,000sq. ft. Florida facility might produce as much as 2,000,000 clones per 12 months.
“We’re at the moment taking all the required steps to efficiently apply and obtain a Florida Industrial Hemp cultivation license. It is a main part in our World technique of constructing a totally vertically-integrated Seed-to-Shelf Full Spectrum Hemp-based CBD firm.” acknowledged Michael Donaghy, President of Oxford. “It additionally offers the Firm with some regional diversification and enhances our hemp operations in Colorado. We will probably be rising our clones early in Florida and ending them at excessive altitudes in Colorado.”
Oxford Investments Holdings Inc.
Michael Donaghy 1-727-304-8003
Web site: www.pioneergreenusa.com
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc., by its Florida-based subsidiary, FloraCana Consultants Inc. is advertising the sale of CBD retailer franchises and license agreements all through the USA beneath the Pioneer Inexperienced USA model. The Firm at the moment has three licensed shops working in Florida and plans to increase into Canada as soon as Well being Canada laws round CBD is established.
FORWARD LOOKING STATEMENTS DISCLAIMER:
Statements on this press launch, which aren’t historic, are forward-looking statements made pursuant to the secure harbor provisions of the Non-public Securities Litigation Reform Act of 1995. There could be no assurance that such statements will show to be correct; precise outcomes and future occasions might differ materially from these anticipated in such statements. Traders are cautioned that each one forward-looking statements contain dangers and uncertainties together with, with out limitation, dangers related to the Firm’s monetary situation and prospects, authorized dangers related to product legal responsibility and dangers of governmental laws and regulation, dangers related to market acceptance and technological modifications, dangers related to dependence on suppliers, dangers regarding worldwide operations, dangers related to competitors and different dangers detailed within the Firm’s filings with securities regulatory authorities. These dangers could trigger outcomes to vary materially from these projected within the forward-looking statements.
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