Agritek Holdings Inc. Announces Approval of Cannabis License from Department of Health of Puerto Rico
January 08, 2019 at 07:00 pm IST
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Agritek Holdings, Inc. announced that the Company’s licensee and partner, 1919 Clinic, has received its final approval from the Department of Health of Puerto Rico to begin operations immediately under the Medical Cannabis Program for Puerto Rico. Agritek Holdings over the last two years has funded the operation, provided all cultivation and manufacturing equipment and aided in the licensing process for the facility which consists of a 15,000 sq. ft. GMP building in the heart of San Juan, Puerto Rico.1919 Clinic operations are designed to withstand hurricane wind loads, control temperature and humidity, and is now licensed under Puerto Rico’s Department of Health Medical Cannabis Program to begin operations. Both companies expect to be processing cannabis products on behalf of dispensary clients with brand distribution by next month.
Agritek Holdings, Inc. is an investor and operator in the legal cannabis sector. Its business focus is primarily to hold, develop and manage real property. It is focused on three segments of the cannabis market, including real estate investment, intellectual property brands, and infrastructure, with operations in United States, including Florida, Colorado, and California. It invests its capital via real estate holdings, licensing agreements, royalties, and equity in acquisition operations. Its business focus is primarily to hold, develop and manage real property. It produces, brands, and distributes hemp-based products. Its product categories include human ingestible (tinctures, capsules, and gummies), topicals, and pet products. Its products are distributed through its e-commerce Websites www.RehabRx.com, Hemppops.com and third-party ecommerce websites. It provides services to the legal cannabis sectors including dispensary and retail solutions and consumer product solutions.