New Revenue Stream Should Trigger Growth for this Cannabis Manager - BrokerBank

May 18, 2015, 14:00 ET from BrokerBank Securities, Inc.

NEW YORK, May 18, 2015 /PRNewswire/ -- Monarch America, Inc. (OTCBB: BTFL) a cannabis management company, recently announced that it has entered into an exclusive Management Services Agreement with Greensky Inc., a company establishing a marijuana cultivation operation in Colorado. Greensky is currently near completion of a new state-of-the-art 28,000 sq. ft. indoor medical and recreational marijuana grow facility designed and engineered by Monarch America. The Company anticipates that construction at the Denver location will be completed within 2-3 weeks with the required licenses and permits transferred to the location within 30 days.

The agreement is for a term of three years in which Monarch America will oversee and manage all facets of cultivation, distribution, and operations relating, directly and indirectly, to both medicinal and recreational marijuana and marijuana related products.

For analyst comments and recommendation on Monarch America, Inc. please follow the link. There is no cost obligation required to view analyst brief.

http://bit.ly/--BTFL--AnalystReport

Copy and paste to browser may be required.

FORWARD-LOOKING DISCLAIMER   

This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.  

COMPLIANCE PROCEDURE   

Content is researched, written and reviewed on a best-effort basis. This report was prepared for informational purposes only.  Affiliated parties involved with producing and issuing this report have not been compensated in any form by profiled company.  A full disclaimer can be found by viewing the full analyst report. This document, article or report is written and authored by a 3rd party research analyst. However, we are only human and make mistakes. If you notice any errors or omissions, please notify us below.

BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.

SOURCE BrokerBank Securities, Inc.



RELATED LINKS

http://www.brokerbanksecurities.com