Bangi Inc. Launches Acquisition Strategy with Purchase of Cannabis Processing Facility, announced it has launched the initial stage of its acquisition strategy with the purchase of a prime 7,000 square foot property located on Detroit's famous Eight Mile district. The Company expects to enter into a triple-net lease agreement with a tenant which intends to operate the property as a licensed cannabis cultivation and processing facility upon completion of renovations. As a pioneer in the acquisition of real estate for the cannabis industry, BANGI serves as a source of capital by acquiring and leasing back their real estate assets, in addition to offering other creative real estate-based capital solutions, to tenants licensed to cultivate and process cannabis.