Yield Growth Corp. (CSE:BOSS, OTCQB:BOSQF,
Frankfurt:YG3,Forum) announced on Wednesday that its subsidiary
Yield Botanicals Inc. has entered into an agreement to purchase a 10-acre property in Chilliwack, British Columbia with
Vandenbosch Trading Company Ltd. for $2.4 million.The purchase includes more than 2.5 acres (approx. 100,000 sq. ft.) of equipped greenhouses operating as an orchid flower grow and essential oil extraction business.
For more details on this purchase, click
here.
Yield Growth also announced this weekthat it has completed initial designs for a commercial hemp root oil production facility, sourced and ordered key equipment for its proprietary extraction technology.
FULL DISCLOSURE: The Yield Growth Corp. is a client of Stockhouse Publishing.