UC Asset’s new $3M cannabis property acquisition includes protection for existing shareholders

January 17, 2023

Atlanta, Jan. 17, 2023 (GLOBE NEWSWIRE) — UC Asset LP (OTCQB:UCASU) announced last week that the company entered a MOU to acquire a 10,000 square foot cannabis cultivation property in the State of Oklahoma, through a non-cash acquisition deal. Upon closing of the acquisition, UCASU will invest $1 million to build extra 5,000 square feet of cannabis cultivation facility at the same site.

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