Verde Science Inc. announced that it has signed its first long-term contract with Sherman Oaks Holistic Oasis (SOHO). Verde will earn an ongoing monthly management fee based on costs savings generated from its advisory services as well as a royalty on all product sales. Verde will provide design, engineering, construction, financing and management services to SOHO to construct a medical marijuana cultivation facility.

By leveraging Verde's technical expertise, SOHO will achieve greater crop yields resulting in substantially lower costs. Final terms of the construction funding from Verde Science Financial Services will be disclosed upon signing.