Bougainville Ventures has announced that the licensed I-502 tenant-grower for the Company's Oroville Campus has received their final production approval from the Washington State Liquor Control Board to commence operations.
"This signals a major milestone for the Company and its obligation to our tenant-grower for a turnkey facility and more importantly to begin cash flow as early as the first quarter of next year," the team with the company explains. "The first 10,000 sq. ft. of a 30,000 sq. ft. Tier-3, I-502 production and processing license is already built. In addition to the 10,000 sq. The tenant is licensed to build out up to 30,000 sq. ft and once fully built-out the facility will be able to house 3,000 plants. Further updates will be provided as they are made available."