Monarch America, Inc. announced that it has entered into a Consulting and Construction Management Agreement with Mary JaneCo, LLC. As per the Agreement, Monarch America will provide advisory and consulting services to Mary JaneCo related to cultivation facility design, cultivation facility construction management, general cultivation (seed to sale), CO2 extraction facility design, CO2 extraction facility construction management, products procurement, general consulting and advisory, and general construction management. In addition to fees for providing ongoing advisory and consulting services, the Agreement also calls for Monarch to receive a General Construction Management Services fee equal to 20% of the total construction costs of the planned facility.

The Agreement is for an initial term of two years. Design and planning of the Auburn, Washington location has already started and is expected to be completed within 30 days. The company anticipates that construction will commence immediately following planning and approval, and should take 4-6 weeks to complete.