Being multifaceted and easily adaptable to a constantly changing business dynamic in the U.S. is essential for companies to stand the test of time. A diversified company that is taking advantage of the opportunities present in multiple industries with its business model is Cherubim Interests, Inc. (OTC: CHIT). The company targets alternative, commercial, single and multifamily dwellings for the purpose of investment purchase. Also, through its BudCube Cultivation Systems USA subsidiary, Cherubim Interests has developed a proprietary controlled environment cultivation technology aimed at helping cultivators of legal medical and recreational cannabis, as well as other plant species, meet rising market demand.
Coupled with the real estate development and property management business model of parent company Cherubim Interests, BudCube is able to offer prospective cultivators quick entry into the rapidly expanding cannabis cultivation market at a price point that is extremely attractive when compared to traditional construction solutions.
Legal marijuana is the fastest-growing industry in the U.S., and if the trend toward legalization spreads to all 50 states, marijuana could become larger than the organic food industry, according to a report obtained by The Huffington Post. Researchers from The ArcView Group, a cannabis industry investment and research firm based in Oakland, California, found that the U.S. market for legal cannabis grew 74 percent in 2014 to $2.7 billion, up from $1.5 billion in 2013, and it is projected to be $37 billion after full legalization.
BudCube’s business model is unparalleled in the cultivation industry. Cherubim Interests will own and develop each property, while BudCube will construct, deploy and lease turnkey cultivation systems to tenants. The company plans to offer both single tenant ‘macro’ solutions and multi-tenant ‘micro’ solutions to meet the unique needs of both established and upstart cultivation operations.
Also, Cherubim Interests recently announced its acquisition of Golden Eagle Roofing, LLC. This acquisition allows the company to immediately engage in the roofing and insurance restoration businesses in Rowlett and Garland, Texas, and the surrounding areas, where an EF-4 tornado destroyed and damaged more than 450 buildings in 2015.
For more information, visit www.cherubiminterests.com
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