MediSwipe, Inc. Announces Execution & Closing of Lease Agreement With Option to Purchase 20 Acre Agricultural Farm in Florida...
28 4월 2014 - 9:30PM
Marketwired
MediSwipe, Inc. Announces Execution and Closing of Lease Agreement
With Option to Purchase 20 Acre Agricultural Farm in Florida
Following Approval of House Bill 843 "Charlotte's Web" Legislation
LOS ANGELES,
CA--(Marketwired - April 28, 2014) - MediSwipe,
Inc. (www.MediSwipe.com) (OTCQB:
MWIP), a fully reporting company on the OTCQB and leader in
Compassionate Care Technology and indoor/outdoor agricultural
solutions for the medicinal marijuana industry, today announced
that the Company has executed and closed a lease agreement for 20
acres of an agricultural farming facility located in South Florida
bordering Lake Okeechobee and the Loxahatchee River in Palm Beach
County through its subsidiary Agritech Venture Holdings
Inc. The new agreement includes a 10 year lease on the
producing nursery farm with unlimited water sources and electricity
including infrastructure already in place, with the first year
obligation paid in full. Pursuant to the lease agreement, through
November 1, 2014, MediSwipe has an option to purchase (purchase
option) the land for $1,100,000 and maintains a first right of
refusal to purchase the property for three years.
The lease and purchase option agreement comes on the heals of
the passage of HB 843 in South Florida last Wednesday by the House
Judicial Committee voting in favor 15-3 aimed at decriminalizing
low grade marijuana specifically for use of treating medical
seizures in children. The so-called "Charlotte's Web" legislation
will seek to establish additional guidelines and four centers
across the state as it moves now for Senate approval ahead of the
November ballot to vote to legalize medical marijuana in the state
of Florida. Florida Governor Rick Scott added language that
the state's Department of Health should create an Office of
Compassionate Use to compile a registry of patients whom doctors
would consider eligible for the particular strain of cannabis
labeled "Charlotte's Web."
"I am extremely pleased to see my home state of Florida moving
this legislation forward so quickly to help the many families whose
children suffer from epileptic seizures and inoperable tumors
causing these seizures. I have seen and have first hand knowledge
of how this strain helps children's suffering, and we are hopeful
that MediSwipe with its many resources will be considered as a
viable partner in Florida once this legislation is
approved. In just the last three months, we have moved to
create the largest managed agricultural facilities in Colorado and
have partnered with the state's licensed and most experienced
growers with access to this strain. With an oncology testing
facility as part of our sub-leased Denver corporate office and
relationships ranging from Universities to the largest drug
Companies doing cancer studies, we believe MediSwipe is in the best
position as a potential designated partner as a Florida based
public Company, management as Florida residents and over 10 years
of industry experience within the sector. Our business philosophy
will be to continue to acquire and control viable agriculturally
zoned properties in regulated jurisdictions using minimal capital
resources while hedging long term potential within the sector,"
stated B. Michael Friedman, CEO of MediSwipe.
About MediSwipe, Inc.
MediSwipe, Inc. (www.MediSwipe.com), the first fully reporting
Company and pioneer within the medicinal marijuana space provides
innovative patient and agricultural solutions seeks to be the
leader in Compassionate Care Technology for the medicinal marijuana
industry. MediSwipe provides real estate management and health and
wellness product lines including beverages, vaporizers and
accessories. MediSwipe does not directly grow, harvest, or
distribute or sell cannabis or any substances that violate United
States law or the Controlled Substances Act, nor does it intend to
do so in the future.
FORWARD-LOOKING DISCLAIMER:
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the Safe Harbor
created by those sections. This material contains statements about
expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements of MediSwipe, Inc. to be
materially different from the statements made herein.
Contact: MediSwipe,
Inc. 561.249.6511www.MediSwipe.cominfo@mediSwipe.com
Agritek (CE) (USOTC:AGTK)
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Agritek (CE) (USOTC:AGTK)
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