Toronto, Ontario–(Newsfile Corp. – August 13, 2019) – Oxford Investments Holdings Inc. (OTC Pink: OXIHF) (“Oxford” or the “Organization”) is pleased to announce that its Florida-primarily based subsidiary, Pioneer Green Farms LLC. (“Pioneer Green”), has entered into an agreement with Drymon’s Citrus Nursery (“Drymon’s”) to prepare for hemp cultivation operations in Florida. Pioneer Green Farms is presently expanding hemp in Colorado pursuant to its joint-venture with Colorado-primarily based Sugar Magnolia Hemp Farms LLC. The Pioneer Green Farms Sarasota-primarily based operation will be concentrating on clone propagation for US distribution.
The State of Florida legalized hemp farming as of July 1, 2019 soon after the passage of the 2018 Farm Bill. Potential hemp farmers are nevertheless awaiting the legislative framework beneath which it will be administered. The final legislative articles are becoming reviewed and the Florida Dept. of Agriculture’s target is to release the applications by fall 2019.
Pioneer Green has secured a 25-year lease of a farm home with Drymon’s Citrus Nursery of Sarasota, Florida. The home will have six 30ft x 100ft greenhouses specializing in clone propagation and an linked extraction facility which will be constructed to create complete spectrum Hemp oil. It is anticipated that the 18,000sq. ft. Florida facility could create up to two,000,000 clones per year.
“We are presently taking all the important methods to effectively apply and get a Florida Industrial Hemp cultivation license. This is a key element in our International technique of constructing a totally vertically-integrated Seed-to-Shelf Complete Spectrum Hemp-primarily based CBD corporation.” stated Michael Donaghy, President of Oxford. “It also delivers the Organization with some regional diversification and complements our hemp operations in Colorado. We will be expanding our clones early in Florida and finishing them at higher altitudes in Colorado.”
Oxford Investments Holdings Inc.
Michael Donaghy 1-727-304-8003
Web page: www.pioneergreenusa.com
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc., by way of its Florida-primarily based subsidiary, FloraCana Consultants Inc. is advertising the sale of CBD retailer franchises and license agreements all through the United States beneath the Pioneer Green USA brand. The Organization presently has 3 licensed retailers operating in Florida and plans to expand into Canada as soon as Wellness Canada legislation about CBD is established.
FORWARD Hunting STATEMENTS DISCLAIMER:
Statements in this press release, which are not historical, are forward-hunting statements created pursuant to the secure harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be correct actual benefits and future events could differ materially from these anticipated in such statements. Investors are cautioned that all forward-hunting statements involve dangers and uncertainties like, devoid of limitation, dangers linked with the Company’s economic situation and prospects, legal dangers linked with item liability and dangers of governmental legislation and regulation, dangers linked with marketplace acceptance and technological adjustments, dangers linked with dependence on suppliers, dangers relating to international operations, dangers linked with competitors and other dangers detailed in the Company’s filings with securities regulatory authorities. These dangers may perhaps result in benefits to differ materially from these projected in the forward-hunting statements.
To view the supply version of this press release, please check out https://www.newsfilecorp.com/release/46884