Greengro Technologies, Inc., a company that provides world-class eco-friendly green horticulture technologies, announced today that it has the $4 million required to build a second igot420 dispensary in Cathedral City, California. Half of the money has already been received by the company, while the remaining half is to be drawn as the project’s construction begins to advance.

igot420 is an occupant when it comes to Geengro properties — besides the dispensary at Cathedral City, Greengo also has construction happening at igot420’s North Hollywood location.

Using Greengro Technologies’ advanced technology, GreenGro’s GenoBreeding is working to build igot420’s genetic line using modern plant breeding technologies. This is done with the hopes that igot420 will then be able to market a variety of refined cannabis to the public.

James Haas, CEO of Greengro Technologies, specifies the process.

“We are currently developing a catalog of selectively bred, genetically labeled, signature cannabis strains through the Company’s GenoBreeding program,” he said. “Our vision is not to just bring to market another cultivation operation and dispensary, but to license and build brands such as igot420 to become the ‘Starbucks’ of the emerging marijuana industry.”

The dispensary at Cathedral City, located strategically two hours east of North Hollywood in Riverside County, will replicate the structure currently being constructed at North Hollywood. Its construction is part of Greengro’s plan for regional expansion. Besides necessary fundings, Conditional Use Permit has already been granted, pending routine updates. Construction is expected to begin next month, and is set to be completed by November 1, 2017.

“This important project will prove out our business model for replicating our scientifically designed, cost effective facilities and scaling them quickly, regionally,” added Haas. “With the Cathedral City project capital already secured, and the igot420 team ready to go, we are confident the exciting progress in the third quarter of 2017 will position Greengro for another breakout year.”

Marijuana investors are suggested to keep an eye out for this exciting project should it come to fruition, resulting in igot420 to become a household name when it comes to dispensaries in California.

Featured Image: twitter/Insider Financial