XTRM Cannabis Ventures Closes Escrow on 40 Acre Parcel to Grow and Process Hemp and Marijuana

Temecula, CA / March 12th, 2014 / Extreme Biodiesel, Inc. (XTRM) today announced that its wholly owned subsidiary XTRM Cannabis Ventures has just closed escrow the 40 acre parcel in California with plans to cultivate Hemp and Marijuana as well as the construction of a massive indoor grow facility and container park.

XTRM Cannabis Ventures has plans to develop the 40 acres to accommodate up to at least five 20,000 sq ft warehouses for indoor marijuana / cannabis growth, 20 acres for outdoor Hemp cultivation for biodiesel, an industrial center to process marijuana / cannabis into smokeless products and a Medical Marijuana Container Park.

President Joseph Spadafore stated "Closing this property early has always been our goal. The Marijuana sector is experiencing rapid growth and I want XTRM to be in position to take advantage of all areas of the sector as the states and federal government ease restrictions or change laws. The build out of this project will comply with the law, and now that escrow has closed we will be posting video and pictures of the land in the coming days on the XTRM Cannabis Website." http://xtrmcannabisventures.com

About Extreme Biodiesel and XTRM Cannabis Ventures

Extreme Biodiesel is an alternative fuel and recycling company. Our mission is to provide a cost-effective, high-quality alternative diesel fuel, create "green" jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil. Extreme Biodiesel is currently repositioning itself into a holdings corporation with focuses on Bio Diesel, Real Estate, Technology and Cannabis Sectors

XTRM Cannabis Ventures is a wholly owned subsidiary of Extreme Biodiesel focused in the sector of Medical Marijuana, Cannabis and Hemp related products.

XTRM Cannabis Ventures Disclaimer

The Company would like to assure all investors that in all cannabis related actions the Company is conferring with counsel to be sure any business activities are deemed legal. XTRM advises all investors to see the website being developed at http://xtrmcannabisventures.com

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Safe Harbor Disclaimer

Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. XTRM is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Source: Extreme Biodiesel, Inc.

Release ID: 35851