Toronto, Ontario – (Newsfile Corp. – April 15, 2021) – Oxford Investments Holdings Inc. (OTC Pink: OXIHF) (“Oxford” or the “Company”) is pleased to announce the launch of its online hemp sales website. PioneerGreenFarm.com. Oxford-based Oxford subsidiary, Pioneer Green Farms LLC (“Pioneer Green”), is currently harvesting its winter hemp crop, one of the few winter crops grown in Florida, through its nursery partner Drymon’s Citrus Nursery (“Drymon’s”). In preparation for the harvest, the Drymon’s facilities underwent a comprehensive inspection by the Agriculture Department to ensure operations were fully compliant with the Ministry of Hemp Growing rules and regulations.
Once the hemp crop was ready to be harvested, Drymon’s plants were sent to a state-approved third-party testing laboratory to ensure the plants met state quality assurance guidelines. Subsequently, Drymon received notification from the Florida Department of Agriculture that it was approved for harvesting hemp Lot 7. This now enables Pioneer Green to market its CBD and CBG hemp flower across Florida and sell its “Fresh From Florida” hemp flower through its website www.pioneergreenfarm.com, which is now live. Pioneer Green is also excited to announce that Drymon’s has completed growing its indoor and outdoor spring hemp crop, which will be harvested in July 2021.
Pioneer Green essentially created a blueprint to enable other Florida farmers to grow hemp in partnership with Pioneer Green. As part of this structure, Pioneer Green would provide the kindergarten with funding to build infrastructure and guidelines for effective hemp cultivation. The kindergarten would enter into a contractual revenue-sharing agreement with Pioneer Green and replicate the company’s hemp operations under the Pioneer Green agreement with Drymon’s. The hemp is sold and marketed by Pioneer Green.
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Oxford also reports that the company’s auditors will review and complete the audit of Pioneer Green’s 2019 and 2020 financial statements and then complete the audit of Oxford’s 2019 and 2020 consolidated financial statements.
“Despite some difficulties, I am very proud of our crew who worked incredibly hard and learned a lot, weathered bad weather, pests and other difficulties to successfully grow two hemp crops, and the income from the sale of the Mit Flower Can Pioneer Green continue working debt-free for the next year, “said Michael Donaghy, President of Oxford. “The winter crop is being harvested and the spring crop has already been planted. This gives us the opportunity to sell high quality CBD and CBG flowers ‘Fresh from Florida’ throughout the state of Florida and through our Pioneer Green Farms website.”
Oxford Investments Holdings Inc.
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc. finances and supports through its Florida-based subsidiary Pioneer Green Farms LLC. Hemp growing farms in the state of Florida. Once CBD legislation is established in Canada, Oxford will market retail store sales and licensing agreements across Canada under the Pioneer Green brand.
FORWARD-LOOKING STATEMENTS DISCLAIMER:
Statements in this press release that are not historical are forward-looking statements made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no guarantee that such statements will prove to be correct. Actual results and future events could differ materially from the results anticipated in these statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the financial condition and prospects of the company, legal risks relating to product liability, and risks related to state laws and regulations, risks relating to the Market acceptance and technological changes, risks related to dependency on suppliers, risks related to international activities, risks related to competition and other risks identified in the company’s filings with the securities regulator. These risks could mean that the results differ materially from the results projected in the forward-looking statements.
The source version of this press release can be found at https://www.newsfilecorp.com/release/80430