Here is why Trellis agreement will happen!!!
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2018) - New Age Farm Inc. (CSE: NF) (OTC Pink: NWGFF) (FSE: 0NF) (www.newagefarminc.com) ("New Age Farm" or the "Company") is pleased to announce that the Company has acquired two cash flowing marijuana properties in the state of Oregon. Cave Junction, Portland, Oregon The Cave Junction property consists of 11 acres divided into two separate legal lots. Cave Junction, Oregon is historically known as one of the best micro climates in the world for successful outdoor cultivation of cannabis. The property, which was previously the Althouse Nursery, was converted into a state of the art outdoor and greenhouse cannabis cultivation facility in 2015. Since then, the property has been operated by Trellis Farms ("Trellis"), an experienced and successful cannabis cultivation company. Currently Trellis is operating on one of the legal plots and holds a OLCC license for the cultivation of 40,000 square feet of recreational cannabis. Trellis has plans to expand the cultivation to inhabit the second legal plot and add an additional 40,000 square feet of canopy. Joshua Bartch, Chief Executive Officer of the Company, stated: "We are extremely pleased to be announcing today's property acquisition. Not only does this acquisition add $3,000,000 USD in hard, appreciating assets on the Company's balance sheet, but it also gives the Company a strong monthly cash flow. I believe that this is just the first of many land and property acquisitions that the Company holds in its future."