Being multifaceted and easily
adaptable to a constantly changing business dynamic in the U.S. is essential
for companies to stand the test of time. A diversified company that is taking
advantage of the opportunities present in multiple industries with its business
model is Cherubim Interests, Inc. (OTC: CHIT). The company targets alternative,
commercial, single and multifamily dwellings for the purpose of investment
purchase. Also, through its BudCube Cultivation Systems USA subsidiary,
Cherubim Interests has developed a proprietary controlled environment
cultivation technology aimed at helping cultivators of legal medical and
recreational cannabis, as well as other plant species, meet rising market
demand.
Coupled with the real estate
development and property management business model of parent company Cherubim
Interests, BudCube is able to offer prospective cultivators quick entry into
the rapidly expanding cannabis cultivation market at a price point that is
extremely attractive when compared to traditional construction solutions.
Legal marijuana is the
fastest-growing industry in the U.S., and if the trend toward legalization
spreads to all 50 states, marijuana could become larger than the organic food
industry, according to a report obtained by The Huffington Post. Researchers
from The ArcView Group, a cannabis industry investment and research firm based
in Oakland, California, found that the U.S. market for legal cannabis grew 74
percent in 2014 to $2.7 billion, up from $1.5 billion in 2013, and it is projected
to be $37 billion after full legalization.
BudCube’s business model is
unparalleled in the cultivation industry. Cherubim Interests will own and
develop each property, while BudCube will construct, deploy and lease turnkey
cultivation systems to tenants. The company plans to offer both single tenant
‘macro’ solutions and multi-tenant ‘micro’ solutions to meet the unique needs
of both established and upstart cultivation operations.
Also, Cherubim Interests recently
announced its acquisition of Golden Eagle Roofing, LLC. This acquisition allows
the company to immediately engage in the roofing and insurance restoration
businesses in Rowlett and Garland, Texas, and the surrounding areas, where an
EF-4 tornado destroyed and damaged more than 450 buildings in 2015.
For more information, visit www.cherubiminterests.com
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