QualityStocks would like to highlight
Cherubim Interests, Inc. (
OTC: CHIT), a development-stage alternative construction and real estate development company seeking various opportunities relative to the company's management team of experts in property management, construction, and finance. The company's primary focus is within the real estate development and controlled environment agriculture sectors, which Cherubim recently entered into by acquiring an exclusive worldwide license for the deployment of a proprietary plant cultivation technology. Through its wholly owned subsidiary, BudCube Cultivation Systems USA, Cherubim plans to construct, deploy and lease scalable medical and recreational marijuana cultivation facilities for commercial applications.
In the company’s news,
Cherubim Interests has made advances to solidify its position in the alternative construction industry, real estate development market and controlled environment agriculture sector in recent times. The company has adopted a hybrid business model and inventive market strategy that is uncommon in the real estate and agriculture Industries.
Over the years, Cherubim Interests has strategically identified, developed, managed and invested in single-family, multi-family and mixed-use properties in North America while also dealing with various aspects of real estate development from due diligence, acquisition and planning to construction, renovation and management.
Plus, Cherubim Interests is involved in exploring and engaging in existing and potential opportunities in the controlled environment agriculture sector. The company recently found an entry point into this marketplace by acquiring an exclusive worldwide license for the deployment of a proprietary plant cultivation technology. With this exclusive license, Cherubim, via its wholly-owned subsidiary, BudCube Cultivation Systems USA, plans to take advantage of the rising demand for grow space that accommodates cannabis and other plant species. How? The company intends to build, install and lease portable, scalable plant cultivation facilities for industrial applications.
Cherubim’s hybrid business model resembles the models used by mini-storage companies who lease secured square footage to individuals and corporations based on need. Under its hybrid format, the company offers two solutions:
1. A single tenant or macro solution
2. A multi-tenant or micro solution
With its single tenant micro solution, Cherubim will enter into an agreement to provide a total cultivation solution to a sole tenant. The company will acquire and develop the land required then deploy a macro solution that meets the square-footage specifications requested by that tenant. On the other hand, with its multi-tenant macro solution, Cherubim Interests will choose a variety of land positions across the U.S. then develop and open a number of hand-picked, secured locations where multiple tenants can lease micro solutions to individuals. Each of these locations will have varying sizes based on market research that relates to their geographical area.
Cherubim’s first step regarding these solutions will be to market test the leasing of units in the legal cannabis industry. In the future though, the company envisions many other practical applications for this technology, especially when considering that severe drought conditions have caused vast food shortages all across the globe.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
