Agritek Holdings, Inc. Announces Agreement with Leading California Manufacturing Facility Apex Solutions Ending Third Quarter with $200,000 in New Purchase Orders
AGRITEK HOLDINGS INC (AGTK)
NASDAQ:AMEX Investor Relations:
ir.agritekholdings.com
Company Research
Source: GlobeNewswire
LOS ANGELES, CA, Oct. 01, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (OTC: AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced the Company has executed an Operations and Licensing Agreement with Apex Solutions Inc., located in Oakland, California. Apex, founded in 2018, is a licensed operator and manufacturer of multiple award winning Cannabis Cup brands distributed throughout the state of California. The Agreement allows Agritek to fund the infrastructure of Apex up to two-million ($2,000,000) dollars for expansion of operations and distribution of existing brands as well as the acquisition of new brands manufactured and distributed by Apex. Agritek Holdings will receive immediate revenue from all non-THC cannabis related orders and sales including product packaging, equipment lease financing, real estate rent, payroll financing, and new brand r
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