SOL Global Portfolio Company CannCure Closes $15 Million USD Construction Loan to Expand One Plant Florida

One Plant Florida to Commence Operations at its 54,000 Sq. Ft. Nexus Greenhouse, Complete 10 Store Build Out and Expansion of Delivery Network.
Newest Funding Enables Full Construction of New 88,327 Sq. Ft. Indoor Cultivation Facility, Processing Facility, Lab, and Kitchen in Indiantown, Florida.

February 21, 2020 /PRNewswire/ – SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE: SOL) (OTCQB: SOLCF) (Frankfurt: 9SB) is pleased to announce that CannCure Investments Inc. (“CannCure”), a portfolio company of SOL Global, has secured a USD$15,000,000 construction loan from Advanced Flower Capital to fund the construction and development of a new, state-of-the-art, 88,327 square foot tilt-up indoor cultivation, processing and lab facility in Indiantown, Florida for CannCure’s One Plant Florida (formerly 3 Boys Farm, LLC). One Plant is a medical marijuana treatment center in the State of Florida licensed by the Florida Department of Health, Office of Medical Marijuana Use. The construction loan will be
secured by a mortgage and other commercially-common security interests. The new indoor facility, to be located on One Plant’s existing Indiantown, Florida property, will include individual flowering rooms, post-harvest processing rooms, advanced curing rooms, a full extraction and research and development lab, a kitchen, trim and packaging rooms, research and development cultivation rooms, and storage and administrative space. The new facility will be directly adjacent to One Plant’s 54,000 square-foot Nexus Greenhouse in Indiantown. One Plant anticipates the greenhouse will commence full operations before the end of the first quarter of 2020, subject to the receipt of all required regulatory approvals from the Florida Office of Medical Marijuana Use.