Las Vegas, NV , March 02, 2018 (GLOBE NEWSWIRE) -- StereoVision Entertainment Inc (OTC:SVSN) a publicly traded Nevada company announced today that it is filing a fifty million dollar REIT (Real Estate Investment Trust) with the SEC for listing on the NYSE (New York Stock Exchange), to purchase irrigated farm land for long term favored nation leases to their majority owned subsidiary CannaVision for their organic hemp farming plan.
“We’ve retained the California securities law firm Dieterich and Associates and formed a Florida C corporation OrganaCanna Property Management (OPM) to file a fifty-million-dollar REIT with the SEC to purchase irrigated farm land for long term favored nation leases for our majority owned subsidiary CannaVision’s organic hemp farming plan, and to generate management fees for the Company,” stated StereoVision’s CEO Jack Honour. “We’ve appointed as OPM’s President, Wall Street veteran and StereoVision Board member Steven Previch. OPM’s Advisory Board consists of other Vision Group internal talent as well and includes multigenerational farmer David Hegland, Master Agronomist Marc Ellenby, and real estate broker/investor C. Dennis Markley. Among the products derived from hemp, CBD can generate as much as $140k per acre per harvest. We look to secure a mid-market securities broker/dealer to sponsor this REIT.”
StereoVision Entertainment:
http://stereovision.com Headquartered in Las Vegas, Nevada StereoVision is a publicly traded Nevada corporation (OTC:SVSN) focused on creating, acquiring, and producing multimedia content with its media subsidiaries, the wholly owned 9 time Emmy Award winning production company REZN8, http://rezn8.com, the majority owned family entertainment company, Inspirational Vision Media, http://ivmi.biz, and the majority owned Florida medical marijuana clinic and organic/industrial hemp corporation MediCannaVision Inc., dba CannaVision. http://cannavisionclinics.com
Safe Harbor Statement:
Except for historical information certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that these forward-looking statements are qualified by other factors. The Company undertakes no obligation to publicly update any statements in this release, whether as a result of future events, or otherwise.