Captiva Verde Land Corp (PWR) Corporate Update
Vancouver, British Columbia–(Newsfile Corp. – October 24, 2018) – Captiva Verde Land Corp (CSE: PWR) (the “Company”) is
pleased to announce several significant corporate updates.
Real Estate Subdivision in California
Our 1,012 lot $350 Million California subdivision, has very recently been designated by the US Federal Government as a
Qualified Opportunity Zone. The US Treasury has released its first round of opportunity-zone regulations on Friday. Tapping
$6.1 trillion in potential capital gains, opportunity zones are to reshape capital markets and reinvigorate dozens of major
American cities. Tax benefits for structured capital infusions will encourage U.S. taxpayers to capitalize on real-estate projects,
infrastructure and businesses in America’s heartland. This includes the offer of tax-free profits for investments held for a set
period of time.
Today’s program aims to drive hundreds of billions of private dollars into more than 8,700 designated zones covering nearly
12% of the U.S. and 35 million people. Treasury Secretary Mnuchin’s conservative estimate is that this can translate to an
average of more than $7,300 in investment for each household in these communities. Captiva is more than delighted by this
program and will move forward with select investment funds on this new and focused tax-deferred and tax-advantaged capital
structure, providing very low cost project capital, increasing the Captiva asset value, and avoiding any dilution to shareholders.
Captiva owns 50% of this project.
Legal Hemp product sales programwith Major North American Retailers
Captiva is acquiring from Greenbriar Capital Corp (“Greenbriar”), an immediate undivided 33.3% interest in and to a substantial
production and marketing partnership agreement with the top Hemp branding and marketing firm in North America as well as the
top “Big Box” Product Developer of membership based retail sales. Our Product Development Partner has sold many Billions of
Dollars of products to the big box membership retailers over the past three (3) decades. Under this Agreement, Captiva and its
partners have developed several established branded marketing lines of various highly regarded legal hemp products for major
distribution. Details of the products are confidential but will be released in due course. Captiva is actively working to increase its
33.3% interest in the immediate future. Greenbriar was required to sell its interest as the Toronto Venture Exchange continues to
prohibit Hemp related products in a business plan. Captiva is listed as a Life Sciences company on the Canadian Securities
Exchange where such activities are permitted. The terms of the deal whereby Captiva has acquired Greenbriar’s interest will be
announced shortly, as negotiations are underway for additional interest.
Discussions to acquire land and permits for Hemp production, processing and sales
Captiva is in discussions to acquire land and permits for the legal cultivation, processing and distribution of Hemp products
within a very significant Latin American country. Captiva believes it will be successful in this acquisition. Information regarding
the country at hand will be released shortly. Captiva believes most of the legal Hemp related activities will eventually need to
move to Latin America, so as to be price competitive, and that Canadian and US production and government tax rates is simply
too expensive for long term affordability.
About Captiva
Captiva Verde Land Corp is a sustainable real estate company that invests in assets that contain green residential
communities, disruptive manufacturing facilities, organic food production and Cannabis operations. Captiva is listed as a Life
Sciences company on the Canadian Securities Exchange under the symbol PWR.
On Behalf of the Board of Directors
“Jeff Ciachurski”
Jeffrey Ciachurski
Chief Executive Officer and Director
Cell: (949) 903-5906
E-mail: westernwind@shaw.ca
