Cherubim Interests Inc. Taps Consulting Firm to Aid Development
of Controlled Environment Agriculture Technology For its BudCube
Cultivation System.
BEDFORD, TX -- October 6, 2015 -- InvestorsHub NewsWire --
Cherubim Interests Inc. (PINKSHEETS:
CHIT) (the "Company"), a development-stage alternative
construction and real estate development company, announces the
addition of key personnel to strengthen its ability to execute on
its growth strategy.
Dgrass Enterprises, a consultation and research and development
firm based in Eugene, Oregon, has teamed up with Cherubim Interests
and BudCube Cultivation Systems (BCS) to provide an answer to the
rapidly expanding needs of the fastest growing industry in the
United States.
Dominic Grasseth, CEO of Dgrass Enterprises, is a successful
professional business owner, entrepreneur, consultant, master
gardener and horticultural expert within the cannabis industry.
Specializing in cultivation, production, extract, grow room design,
consultation, and industry wide retail and wholesale equipment
sales, Dominic brings a highly focused, well rounded and unique
amount of hands-on experience to the industry.
Having begun his marijuana growing experience outdoors in his
teens, Dominic, now age 38, has over 16 years of combined indoor
and outdoor growing experience and opened The Greener Side of Life,
a retail and wholesale garden supply company based in Eugene Oregon
in 2010.
"We are thrilled and honored to have Dgrass Enterprises and as
partners in this venture" said CEO Patrick Johnson. "Dominic is one
of the most skilled businessmen that I know in the industry and has
the skins on the wall to prove it. We are excited about the bright
future that lies ahead for us."
Together, standing at the forefront of this fast paced and newly
evolving industry, Cherubim Interests and DGrass Enterprises will
team to further develop the Standard Operating Procedure (SOP) for
BCS technology.
IMPORTANT DISCLOSURE: Cherubim Interests, Inc. (PINKSHEETS:
CHIT) and BudCube Cultivation Systems USA is planning execution
of its stated business objectives in accordance with current
understanding of State and Local Laws and Federal Enforcement
Policies and Priorities as it relates to Marijuana (as outlined in
the Justice Department's Cole Memo dated August 29, 2013), and plan
to proceed cautiously with respect to legal and compliance issues.
Potential investors and shareholders are cautioned that the
companies will obtain advice of counsel prior to actualizing any
portion of their business plan. Advice of counsel with regard to
specific activities of the companies, Federal, State or Local legal
action or changes in Federal Government Policy and/or State and
Local Laws may adversely affect business operations and shareholder
value.
About Cherubim Interests Inc.
Cherubim Interests specializes in alternative construction
projects, as well as covering the entire spectrum of real estate
development: due diligence, acquisition, planning, construction,
renovation, and management; providing complete beginning-to-end
development programs for mixed use, single, and multi-family
projects and properties.
For more information, visit www.cherubiminterests.com.
About BudCube Cultivation Systems
BudCube Cultivation Systems USA ("BCS") has developed a
proprietary, fully portable and scalable, Controlled Environment
Cultivation Technology that serves as a turnkey solution for
cultivators of legal medical and recreational cannabis, as well as
any other plant species. Coupled with a real estate development and
property management business model, BudCube Cultivation Systems can
position itself anywhere in the world where the cultivation of
cannabis is legal.
BCS provides cultivation solutions for commercial application.
It offers cultivators quick entry into a fast growing market at a
price point that is very attractive when compared to the
traditional construction and cultivation solution. BCS features a
business model unparalleled in the industry and stands to benefit
greatly as more and more market participants seek to gain entry
into this sector.
For more information, visit www.budcube.com.
SAFE HARBOR
This press release contains forward-looking statements regarding
future events and our future results that are subject to the safe
harbors created under the Securities Act of 1933 (the "Securities
Act") and the Securities Exchange Act of 1934 (the "Exchange Act").
All statements other than statements of historical facts included
in this report regarding our financial position, business strategy,
plans and objectives of management for future operations, industry
conditions, and indebtedness covenant compliance are
forward-looking statements. When used in this report,
forward-looking statements are generally accompanied by terms or
phrases such as "estimate," "project," "predict," "believe,"
"expect," "anticipate," "target," "plan," "intend," "seek," "goal,"
"will," "should," "may" or other words and similar expressions that
convey the uncertainty of future events or outcomes. Items
contemplating or making assumptions about, actual or potential
future sales, market size, collaborations, and trends or operating
results also constitute such forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties, and important factors (many of which are beyond our
company's control) that could cause actual results to differ
materially from those set forth in the forward-looking statements,
including the following: oil and gas prices, general economic or
industry conditions, nationally and/or in the communities in which
our company conducts business, changes in the interest rate
environment, legislation or regulatory requirements, conditions of
the securities markets, our access to capital, changes in
accounting principles, policies or guidelines, financial or
political instability, acts of war or terrorism, and other
economic, competitive, governmental, regulatory and technical
factors affecting our company's operations, products, services and
prices.
We have based these forward-looking statements on our current
expectations and assumptions about future events. While our
management considers these expectations and assumptions to be
reasonable, they are inherently subject to significant business,
economic, competitive, regulatory and other risks, contingencies
and uncertainties, most of which are difficult to predict and many
of which are beyond our control.
Contact:Cherubim Interests, Inc.Patrick J. JohnsonChief Executive Officer(844) 842-8872
pjohnson@cherubiminterests.com
SOURCE: Cherubim Interests, Inc.
Cherubim Interests (CE) (USOTC:CHIT)
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Cherubim Interests (CE) (USOTC:CHIT)
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