CubeIT Holdings, Inc. enters merger agreement with GOIP, requiring that at closing GOIP is to be debt free, current with its filings, and audited by December 31st of this year with a cash balance. Current management of CubeIT will assume full operational control and all senior executive positions at the time of closing.
New York, NY, Nov. 07, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — GoIP Global Inc. (OTCPINK: GOIG) announced today that the company has entered into a merger agreement with CubeIT Holding Inc. (“CubeIT”).
CubeIT, Inc. is a Nevada based company which is led by seasoned management focused and involved in the Cannabis industry. CubeIT was formed by industry pioneers and veterans to create an unmatched solution that combats the large start-up cost, long construction periods, and space issues for growers wanting to enter the market, or for experienced growers who want to augment, streamline and automate their current operations.
The CubeIT solution is a specific and custom-designed modular grow unit that is cost-effective, code compliant and fully scalable. The units are fully-contained clean room structures equipped with state-of-the-art lighting, air handling, humidity control, carbon dioxide management, irrigation, and fertigation. These units are built to the highest standards to create an environment for sustainable and precise uniform growing conditions to achieve consistent plant development throughout the Cube, and to maintain a streamlined workflow to reduce waste and maximize value from every crop.
Read the complete press release here and signup to our newsletter to remain up-to-date on CubeIT developments.