XTRM Cannabis Ventures to Grow and Process Medical Marijuana and Hemp. Opens Escrow on 40 Acre Parcel. - San Diego, California News Station - KFMB Channel 8 - cbs8.com

XTRM Cannabis Ventures to Grow and Process Medical Marijuana and Hemp. Opens Escrow on 40 Acre Parcel.

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February 11th, 2014 Corona, CA Extreme Biodiesel, Inc. (XTRM) today announced that its wholly owned subsidiary XTRM Cannabis Ventures has opened escrow on a 40 acre parcel in California with plans to cultivate Hemp and Marijuana as well as the construction of a massive indoor grow facility.

XTRM Cannabis Ventures plans to develop the 40 acres to accommodate up to five 20,000 sq ft warehouses  for indoor marijuana / cannabis growth, 20 acres for outdoor Hemp cultivation for biodiesel, and an industrial center to process marijuana / cannabis into smokeless products.

President Joseph Spadafore stated “XTRM wants to jump right out ahead of the curve, we have just entered our due diligence period and look forward to developing this property and becoming a leading Cannabis producer. We are consulting with leading horticulture / farming experts to assure the maximum use of the property. The build out of this project will comply with the law, and we will be posting video and pictures of the land in the coming days on the XTRM Cannabis Website.” http://xtrmcannabisventures.com

Other Relevant Links

 

Legalization of Hemp

http://www.marketwatch.com/story/victory-for-hemp-farmers-as-us-house-of-representatives-legalizes-the-cultivation-of-hemp-2014-02-03?reflink=MW_news_stmp

 

About Extreme Biodiesel and XTRM Cannabis Ventures

Extreme Biodiesel is an alternative fuel and recycling company. Our mission is to provide a cost-effective, high-quality alternative diesel fuel, create “green” jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil. Extreme Biodiesel is currently repositioning itself into a holdings corporation with focuses on Bio Diesel, Real Estate, Technology and Cannabis Sectors

XTRM Cannabis Ventures is a wholly owned subsidiary of Extreme Biodiesel focused in the sector of Medical Marijuana, Cannabis and Hemp related products.

 

XTRM Cannabis Ventures Disclaimer

The Company would like to assure all investors that in all cannabis related actions the Company is conferring with counsel to be sure any business activities are deemed legal.  XTRM advises all investors to see the website being developed at http://xtrmcannabisventures.com

 

Investor Relations Contact

info@extremebiodiesel.com

855-736-7360

 

Safe Harbor Disclaimer

Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. XTRM is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

ReleaseID: 411767

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