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, Inc. (OTC: CHIT) is an atypical operator within the real estate development, alternative construction and controlled environment agriculture sectors. The company strives to make a positive impact on the communities surrounding its Texas base while protecting the reliability of its stockholders’ investments.
Squarely in an expansion stage, Cherubim Interests is focused on advancing its hybrid business model by leaps and bounds. In pursuit of this goal, Cherubim Interests employs novel business tactics and acquisition strategies to promote swift market growth and considerable financial growth. The company targets alternative, commercial, single and multifamily residences for investment purchase when opportunities are present. It also provides renovation services to the unit owners of third-party multifamily dwellings on a turn-key basis.
Cherubim Interests is managed by an experienced steering team comprised of directors with expertise in disciplines including property management, construction and finance. More than a buyer, the investment company has resolved to become a leader in these fields.
Cherubim Interests is already well-known for delivering beginning-to-end development programs for single, mixed-use and multifamily projects and properties. What’s more, the company’s specialties cover the full spectrum of real estate development – including due diligence, acquisition, planning, construction, renovation and property management.
In the decade since its founding, the company has targeted present and future market opportunities, especially in the fast-evolving industry that is the controlled environment agriculture sector. In this space, both Cherubim Interests and its subsidiary, BudCube Cultivation Systems, are well-placed to benefit from one feature of that market: the growing demand for grow space to accommodate legal medicinal and recreational cannabis and other plant species.
BudCube is in the midst of launching its beta test facility in Oregon. Initial plans are to expand via land acquisitions and pre-leasing programs into supplementary areas where medicinal or recreational cannabis cultivation is legal. Considering the many state-by-state legalization initiatives concerning medical cannabis that are in motion throughout the nation, BudCube stands to profit greatly as more cultivators seek to gain entry into this thriving industry.
BudCube’s area of focus is on movable, scalable plant cultivation facilities. In the cultivation industry, time really is money, and the BudCube team understands that. This is precisely where the company stands apart from others, with a proprietary, controlled environment cultivation model that is superior to conventional models and that speeds up the harvest and sales processes. Within a 28-week cycle, growers using the BudCube cultivation model can start producing crops and revenue faster than ever before. By leaning on Cherubim Interests’ real estate development and property management business model, BudCube can offer prospective cultivators quick entry into the fast-growing cannabis cultivation market at a price point that is extremely appealing when compared to traditional construction solutions.
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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.
