Metrospaces, Inc. (OTCPK:MSPC) in a Joint Venture Agreement with DLBCC Group acquired Licensed Cannabis Facility in California on December 26, 2018. Metrospaces would provide the equity portion of the acquisition, agreed at $20 million. Metrospaces would retain 75% of the business initially, but LBCC Group can gain an additional 10% equity stake based on achievement of certain financial goals. The acquisition also includes a non-operating retail operation. LBCC Group has executed a Property Purchase Agreement with the seller and is set to close in approximately 90 days.