March 14, 2019
JetBlack Corp. (OTC: JTBK) (“JetBlack”) (“the company”) today announced clarification on its operations. Currently the company has one location in Hillsboro Oregon under lease, which is 8,400 square feet. The company entered into a second lease agreement in Portland Oregon. The company had a disagreement with the landlord and has decided to not move forward with the Portland location. “Now we can look for long term solutions rather than paying large monthly expenses. In the end this is a positive development,” explained CEO Daniel A. Goldin. Mr. Goldin went on to explain, “ We will look to purchase a property in 2019 if we achieve financing, in addition to building out our Hillsboro location.”
JetBlack Corp. (OTC: JTBK) through its family of subsidiaries operates in the emerging Cannabis Industry. The company is in the process of transferring ownership and locations for a Tier 1 Marijuana Producers License with OLCC to its Hillsboro location. The company has also applied for processing and wholesale licenses. The company is focused on building a strong foundation for future growth. JetBlack is in talks with different financing groups. The company is hopeful to find a financing group with reasonable terms.
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