Lineage Grow Company Ltd. announced it has entered into an agreement under the agreed term sheet to acquire California-based Walnut Oaks, LLC otherwise known as Agris Farms. Agris Farms operates a premium quality craft cannabis cultivation facility in Northern California with a 40,500 sq. ft. ultra-low-cost greenhouse facility and a 3,000 sq. ft. craft-style indoor facility. The operation is called The Yolo Grow. Under this agreement in a separate company, the principals of Agris Farms are developing a 55,000 sq. ft. state-of-the-art integrated indoor cultivation and extraction facility in Sacramento California which will be called the “Sacramento Project.” The Sacramento Project has a Conditional Use Permit (“CUP”) pending, currently under review by the City of Sacramento.
Hemp Land, Cannabis Hemp Blog, 10/12/2020 21:32:40