GlobeNewswire by notified

Announcing Green Horizons, a Trailblazing Cannabis Cultivation and CPG Brand Campus

Share

Green Horizons’ State-of-the-Art Cannabis Cultivation and CPG Brand Campus is on Track to Make Coachella Valley to Cannabis What Silicon Valley is to Tech

COACHELLA VALLEY, Calif., April 11, 2022 (GLOBE NEWSWIRE) -- Today Green Horizons announced plans for its massive, trailblazing Canna-Campus in Coachella Valley, which broke ground late last year and is under construction. The first-of-its-kind facility will feature scaled cannabis cultivation alongside CPG brand development, positioning the Company to become one of the largest vertically integrated brand platforms in the world. Green Horizons will also offer campus tours, education and workshops to outside visitors.

Green Horizons is launching the first 226,787 sq. ft. of its campus with options to scale to 1,000,000 sq. ft. as market conditions dictate. Phase I of the Green Horizons campus will consist of 101,787 sq. ft. of a state-of-the-art, sealed, Class “A” automated light deprivation greenhouse. Phase II adds an additional 125,000 sq. ft. that will serve as the Company’s corporate headquarters as well as its brand incubator, along with additional light deprivation greenhouse cultivation space.

Green Horizons’ mission is to fuel a portfolio of in-house brands with in-house supply to guarantee consistency and uniformity. Combining the management team’s track record of cultivation excellence with the Company’s high-tech sun powered cultivation facilities, Green Horizons aims to redefine the cultivation landscape to create a blue ocean of top shelf flower at greenhouse COGS. In leveraging its low-cost basis, Green Horizons will be able to continue scaling as commoditization exerts downward pressure on higher cost producers.

The Company will be formally announcing their much-anticipated debut brand, a crossover from the fashion world, which will launch in Q3 of 2022, to be followed by a value brand paying homage to the Coachella Valley, anticipated in summer 2023. Upon completion of the facility, the brands will be exclusively powered by proprietary genetics bred in-house by the Company, a cornerstone differentiator for all Green Horizons portfolio brands.

“The Coachella Valley is the perfect place to build a world class cultivation and CPG brand campus at this scale,” said Carlos “Los” Arias, Chief Executive Officer of Green Horizons. “Coachella has long been a stalwart agricultural community, and I am honored to now help make Coachella a global cannabis destination. Being built to last is more important than being first, and we’re just getting started.”

Green Horizons was co-founded by Arias and Michael C. Meade. Arias leads the Company’s vision to create culturally relevant brands that bring people together. Known for his high vibrational presence, Arias is an exemplar of community-minded collaboration that serves as the bedrock of the Company’s culture. Meade serves as Green Horizons’ President and largest investor. Through an unrelated entity, Meade is developing Coachella Cann Park, which is being leased to Green Horizons. Meade’s development company has secured an $18.5M construction loan from Innovative Industrial Properties to fund construction of the property.

Arias and Meade are joined by founding investor Star Branding Investment Group, LLC, which brings its global entrepreneurial prowess to Green Horizons, drawing on its success in building global brands and experience in a wide range of operational matters. Brought together, Green Horizons and its principals have the requisite capabilities in-house to scale a profitable cultivation and CPG enterprise, synchronizing facility operations expertise and global brand prowess.

SOCIAL JUSTICE

Green Horizons recognizes the privilege to work within the legal cannabis space and is committed to positive social change at the local level. 

Education is a pillar of the Company. With a mission to destigmatize cannabis through education and transparency, Green Horizons will open its doors to offer campus tours to outside visitors, along with workshops and educational programs for the community and those interested in learning more about the cannabis plant and the industry.

The Company is partnering with the City of Coachella in launching the Build the Valley Initiative, which will consist of two prominent initiatives: first, building infrastructure for the community; and second, advocacy for expungement and job creation for which Green Horizons will create a dedicated Coachella Valley program. In addition to their local community activism, Green Horizons is also invested in the sustainable future of the cannabis industry and is a member of an industry task force, comprised of top operators, financiers and attorneys, whose aim is to eradicate the use of plastics in the cannabis supply chain.

ABOUT GREEN HORIZONS

Green Horizons is a next gen, vertically integrated cannabis company that builds CPG brands. With world class facilities to fuel globally relevant brands, the Company’s aim is to crossover and create meaningful brands that bring people together. www.greenhorizons.io

ABOUT CARLOS “LOS” ARIAS, J.D.

CO-FOUNDER, CHIEF EXECUTIVE OFFICER OF GREEN HORIZONS

Arias is regarded industry wide as a plant medicine expert, honed from his Cuban/Brazilian lineage and years of dedication to studying and working with medicinal plants all over the world. A lawyer by training, Arias is responsible for the Company’s key strategic partnerships.

ABOUT MICHAEL C. MEADE

CHIEF EXECUTIVE OFFICER OF COACHELLA CANN PARK, CO-FOUNDER AND PRESIDENT OF GREEN HORIZONS

In addition to securing the first issued cannabis licenses in Riverside County 15 years ago for cultivation and retail, Meade went on to build a cannabis real estate empire in the desert valley, fueled by Wilson Meade commercial brokerage and Desert Rock Development.

ABOUT STAR BRANDING INVESTMENT GROUP

Star Branding Investment Group, LLC is a private investment vehicle founded by Mr. Tommy Hilfiger and Mr. Joe Lamastra, through which it, and its subsidiaries seek investments in businesses across a broad range of industries.

For media inquiries please contact: press@weareprismatics.com

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/02b2422e-e386-488a-b236-26245b458b36

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Correction: Publication of 2023 Annual Report of Azerion Group N.V.25.4.2024 23:27:00 CEST | Press release

Amsterdam, 25 April 2024 – Azerion announces that it has today published its annual report and audited financial results for the full year 2023 for Azerion Group N.V.. The Annual Report can be found at https://www.azerion.com/reports/. Contact: Investor Relations ir@azerion.com Media press@azerion.com About Azerion Founded in 2014, Azerion (EURONEXT: AZRN) is one of Europe’s largest digital advertising and entertainment media platforms. Azerion brings global scaled audiences to advertisers in an easy and cost-effective way, delivered through our proprietary technology, in a safe, engaging, and high quality environment, utilizing our strategic portfolio of owned and operated content with entertainment and other digital publishing partners. Having its roots in Europe and with its headquarters in Amsterdam, Azerion has commercial teams based in over 24 cities around the world to closely support our clients and partners to find and execute creative ways to make a real impact through advert

Publication of 2023 Annual Report of Azerion Group N.V.25.4.2024 22:42:41 CEST | Press release

Amsterdam, 25 April 2024 – Azerion announces that it has today published its annual report and audited financial results for the full year 2023 for Azerion Group N.V.. The Annual Report can be found at https://www.azerion.com/reports/. Contact: Investor Relations ir@azerion.com Media press@azerion.com About Azerion Founded in 2014, Azerion (EURONEXT: AZRN) is one of Europe’s largest digital advertising and entertainment media platforms. Azerion brings global scaled audiences to advertisers in an easy and cost-effective way, delivered through our proprietary technology, in a safe, engaging, and high quality environment, utilizing our strategic portfolio of owned and operated content with entertainment and other digital publishing partners. Having its roots in Europe and with its headquarters in Amsterdam, Azerion has commercial teams based in over 24 cities around the world to closely support our clients and partners to find and execute creative ways to make a real impact through advert

Tenaris Announces 2024 First Quarter Results25.4.2024 22:30:25 CEST | Press release

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Net cash / debt, Free Cash Flow and Operating working capital days. See exhibit I for more details on these alternative performance measures. LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) today announced its results for the quarter ended March 31, 2024 in comparison with its results for the quarter ended March 31, 2023. Summary of 2024 First Quarter Results (Comparison with fourth and first quarter of 2023) 1Q 20244Q 20231Q 2023Net sales ($ million)3,4423,4151%4,141(17%)Operating

Combined General Meeting of May 16, 202425.4.2024 22:30:00 CEST | Press release

Châtillon, France, April 25, 2024 Combined General Meeting of May 16, 2024 Procedures for Obtaining Information and Preparatory Documents for the Combined General Meeting DBV Technologies (Euronext: DBV – ISIN: FR0010417345 – Nasdaq Stock Market: DBVT), a clinical-stage biopharmaceutical company focused on treatment options for food allergies and other immunologic conditions with significant unmet medical need (the “Company”), will hold its Combined General Meeting (the “General Meeting”) on May 16, 2024, at 10:00 a.m. CET at the Company’s new headquarters located at IRO Building, 107 Avenue de la République, 92320 Châtillon, France. The preliminary notice (avis de réunion) containing the detailed agenda, draft resolutions as well as instructions to participate and vote for this General Meeting was published in the French “Bulletin des Annonces Légales Obligatoires (BALO)” dated April 8, 2024 (No. 2400716). The meeting notice (avis de convocation) will be published in the BALO and in t

Millicom (Tigo) Board of Directors Appoints Marcelo Benitez as CEO25.4.2024 22:30:00 CEST | Press release

Millicom (Tigo) Board of Directors Appoints Marcelo Benitez as CEO Luxembourg, April 25, 2024 – Millicom announced today that its Board of Directors has appointed Marcelo Benitez as CEO of Millicom, effective June 1, 2024. Benitez has had a distinguished career with Millicom, having joined the company in Paraguay nearly 30 years ago and risen through the Company’s ranks to his most recent role as CEO of TIGO Panama. Benitez's selection completes the final phase of a succession planning and selection process, which included a thorough evaluation of internal and external candidates to ensure that the company's next CEO possesses the vision, experience, talent and leadership qualities necessary to deliver on Millicom's strategic plans. "After an extensive evaluation, it is clear to our Board that Marcelo is the right person to lead Millicom into the future”, indicated Mauricio Ramos, Chair of the Board of Directors of the Company. Under Marcelo’s leadership, TIGO Panama completed the succ

HiddenA line styled icon from Orion Icon Library.Eye