Cannabis Real Estate Firm BANGI, Inc. Announces Receipt Of One Of First Industrial Hemp Production Licenses For Michigan

LOS ANGELES, CA / ACCESSWIRE / July 12, 2019 / BANGI, Inc. (OTC PINK: BNGI), a diversified investment vehicle that acquires and leases specialized real estate assets, today announced that the State of Michigan has granted the Company one of the first industrial hemp production licenses.

“Our receipt of one of the first and only hemp production licenses for Michigan is another important step towards realizing our goal of becoming a significant provider of real estate and cannabis and cannabinoid products for the booming hemp and cannabis industry,” said Dr. Neil Parsan, Chairman and Chief Executive Officer of BANGI, Inc. “This license will enable the development and distribution of hemp cultivation and hemp-derived CBD production while also enhancing the overall value of certain properties that we are currently seeking to acquire and incorporate within

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