JetBlack Corp. provided an update on their cannabis projects. The company has signed a lease for Location 1 which is located in Hillsboro, OR and is an 8,400 square feet blank warehouse space. This Budz for You Farms LLC, an Active Licensed Tier 1 marijuana producer will be moving into the location. The company has applied for processing and wholesale licenses as well for Location 1. The company has signed a lease on a second location, Location 2, in Portland, OR. The space is 12,400 square feet and almost fully built out for cannabis production. A Tier 1 producer license application is in queue for Location 2. The company will apply for a processing license for Location 2 as well. In addition, the company is expected to sign a consulting agreement to manage the operations of an Active Tier 1 Washington State Licensed Marijuana Producer and Processor. JetBlack Corp. expects each location In Oregon individually to bring in between $800,000 and $2,400,000 in revenues yearly. The company will still need to build out Location 1, while Location 2 is almost fully built out. JetBlack is in talks with financiers to fund the projects.