This Letter of Intent involves
Title: Carrollton, Texas?December 23, 2014: Med-Cannabis Pharma, Inc. (OTC/BB: MCPI) is thrilled and excited to announce a new joint venture on the horizon to grow high quality medical marijuana for current and future patients in Oregon. MCPI has signed a Letter of Intent (LOI) with Royal Tree Organics, LL
Industry: Personal and Household Prods. Sector: Consumer/Non-Cyclical
New Joint Venture on the Horizon to Grow High Quality Medicine for Patients
Carrollton, Texas—December 23, 2014: Med-Cannabis Pharma, Inc. (OTC/BB: MCPI) is thrilled and excited to announce a new joint venture on the horizon to grow high quality medical marijuana for current and future patients in Oregon. MCPI has signed a Letter of Intent (LOI) with Royal Tree Organics, LLC (RTO) outlining the basic terms of the joint venture to be finalized in the near future. This new joint venture coupled with the recent acquisition of two new medical marijuana dispensary in Oregon continues the steady growth of MCPI’s footprint in the medical marijuana marketplace in the state. Most importantly, this venture gives MCPI the ability to exclusively employ RTO and its founders, and utilize their considerable expertise in managing operations and producing high quality medicinal marijuana that patients can purchase at MCPI’s growing number of dispensaries .
Royal Tree Organics, LLC was founded by Chad Holland and Bryce Davis. While both gentlemen come from different backgrounds and experiences concerning growing marijuana, their passion and hard earned expertise in the industry make this joint venture an attractive and potentially very profitable deal for MCPI and its dedication to continue expanding its presence in this marketplace.
Chad Holland started at the bottom and has earned his way up the ladder of grow operations to gain the knowledge, expertise, and credibility in the industry which allowed him to go out on his own and Co-Found RTO. He started as a laborer, and trimmer for a medical marijuana farm in Mendocino County CA, his steady rise and reputation lead to business contacts which moved him on to Hawaii. In Hawaii he focused on sustainable living and permaculture techniques used to build soil, and his consulting services were in high demand as he worked with 3 full size grow operations and several sustainable farming operations. In total he has nine years of growing and five years of full scale operational experience.
Bryce Davis comes from a completely different part of the country and his path to partnering with Chad and Co-Founding RTO is unique in its own right. Bryce and his family are from Oklahoma and he was exposed to the agricultural lifestyle all his life. His family had large flower and vegetable gardens and other relatives owned and managed large peanut farms. His ambition to perfect his techniques in cultivating marijuana continued through his