Nhale Inc. (NHLE) in Acquisition Mode for Building Shareholder Value in Emerging Cannabis Space
Nhale will continue looking for acquisition targets in legalized marijuana states and currently is reviewing grow operations in the state of Washington, as acreage earmarked for growing could increase, the company's President and CEO Lance Williams said today. Washington State potentially could quadruple the amount of land for growing legal marijuana, as the state Liquor Control Board considers changes to its marijuana regulations associated with recreational use. One of these rules would expand the allowable land for legal marijuana to 8.5 million square feet. This figure represents an increase up from the 2 million square feet limit established when the…