TransGlobal Assets Inc. announced that it has acquired 60 acres of privately owned land located west of the Trinchera Mountain Peak in Costilla County, southern Colorado. The company's acquisition represents an extension of both the overall agriculture and technology priorities for the company and its stakeholders. Development plans for an agriculture and technology hub will be announced within the current month.

The Company has begun the preliminary processes to develop company's Hemp Ranch located in South Haven, MI. The Hemp Ranch will be situated on 60 acres near Lake Michigan. Furthermore, as previously disseminated, the State of Michigan has granted the Company a hemp grower and processing registration.

The Hemp Ranch will run Greenhouse facilities which provides company with numerous competitive advantages, especially since company can now grow hemp for CBD production. It also enables to do Controlled Environment Agriculture (CEA) for better quality production, control and advancements.