Critical Solutions has signed an agreement that outlines full control with the owner of a licensed cannabis cultivation & manufacturing facility in downtown Los Angeles, California.
Mr. Munck, VP of Business Development, states “We have completed and signed contractual arrangements which include the management of revenues from profit sharing for 8 to 10 harvests per year. The multi-million-dollar cultivation site is currently producing high yield, boutique flower and buds in a dual level 'double decker' indoor cannabis grow. The net revenues expected by Critical Solutions are between $1.0 million to $1.2 million dollars annually and further establishes our company in the California cannabis industry."
Mr. Barraza concludes, “We are proud to announce that we have completed another successful milestone and we are looking forward to future milestone completions with all our subsidiaries and projects. With the upcoming third-quarter reports and the consolidation of MKH Ventures into Critical Solutions, we feel our growth strategy and revenue accumulation will increase shareholder value for years to come and therefore want to reiterate that there will be no reverse split for the foreseeable future".
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