Home Treasure Finders Enters Legalized Cannabis Industry
DENVER, Colorado, March 10, 2014 /PRNewswire/ --
Home Treasure Finders, Inc. (OTCQB: HMTF) ("Company") is pleased to announce that on March 3, 2014 the Company formed a wholly owned subsidiary, HMTF Cannabis Holdings, Inc. to purchase and improve properties that qualify for legalized cultivation of marijuana. We anticipate that our properties will be leased to licensed third party cannabis growers.
Corey Wiegand, CEO, stated "We are activating five projects which we foresee will total 125,000 square feet. We are in negotiations with lenders, land owners and growers. We anticipate that we will announce terms of agreements as they are signed. Our day to day interface with growers is conducted through the Boulder law offices of Edward (Ted) Waitkus."
In the decade that has passed since inception of legalized medical marijuana in Colorado, Ted Waitkus has helped his clients comply with all state and local laws regarding legalized cannabis cultivation.
Mr. Waitkus stated, "I'm pleased to be associated with HMTF and, as always, I'll continue to assist my clients to understand the rules and remain in full legal compliance."
Website: http://www.hometreasurefinders.com
Forward-Looking Statements. This press release includes forward-looking statements and forward-looking information within the meaning of the United States Securities laws. These statements and information represent Home Treasure Finders' intentions, plans, expectations and beliefs and are subject to risks, uncertainties and other factors, many beyond Home Treasure Finders' control. These factors could cause actual results to differ materially from such forward-looking statements or information. The words "believe," "estimate," "expect," "intend," "attempt," "anticipate," "plan," and similar expressions and variations thereof identify certain forward-looking statements or forward-looking information, which speak only as of the date they are made. Readers are cautioned not to place undue reliance on these forward-looking statements and we assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events. There are substantial risks arising out of Home Treasure Finders' need to raise additional capital, the highly regulated nature of its business and the highly competitive nature of its industry. Other risk factors are set forth in Home Treasure Finders' Annual Report on Form 10-K and other reports filed with the U.S. Securities and Exchange Commission.
Contact Info:
Home Treasure Finders, Inc.
Corey Wiegand
+1(516)900-4683
[email protected]
SOURCE Home Treasure Finders, Inc.
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