Monthly Update - September 2014

Dividends were paid out on the 1st. I would like to thank everyone once again for their patience for the numerous delays we have been experiencing with dividend payouts. I would like to say moving forward that we won't be experiencing any more delays. As time continues to progress forward things are falling into place and the pieces of the puzzle continues to match up perfectly. The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts. At this time we are still going to be paying out dividends every 2 months until then.

Garden Status & Harvest

Most of the gardens are still on schedule. On one of the gardens had a down time of about 2-3 weeks due to new veg plants not being ready for flowering. We tried to time things perfectly but looks like we did not time this one as accurately as we could. We have 3 gardens in full production at the moment and the last garden will be fired up at the end of this week which puts us back up at 4 gardens in flower mode. We are expecting a harvest from one of the gardens this month and two gardens will be harvesting in early October. The last garden we are firing up this week is expected to harvest in November.

Updates

Once again we will continue to update once or twice a month depending on any substantial news that affects Cannabit. I will be responding to all PM's in my inbox. If you have any questions or concerns please feel free to shoot me a PM. Thanks.