Strategic Global Investments, Inc. Enters Into Negotiations to Acquire Colorado Marijuana Cultivation Facility
February 10 2014 - 8:45AM
Marketwired
Strategic Global Investments, Inc. Enters Into Negotiations to
Acquire Colorado Marijuana Cultivation Facility
Company Intends to Purchase, Expand, and Modernize Cannabis
Harvesting Center
CARLSBAD, CA--(Marketwired - Feb 10, 2014) - Strategic Global
Investments, Inc. (OTC Pink: STBV) is pleased to announce that the
Company has entered into meaningful negotiations for the purchase
of a Marijuana Growing facility located in Teller County, Colorado.
The Company's intention is to expand and renovate the cultivation
process with new State-of-the-art equipment and advanced growth and
harvesting techniques in an effort to capitalize on the recent
legalization and resulting high demand of cannabis in the state of
Colorado.
Strategic's plan is to have the Memorandum of Understanding
signed by mid-February and the final agreement signed by the
beginning of March, 2014; with construction to modernize the
operation beginning in February and the first new crop started in
the first week of March.
The Company has fully evaluated the industry and expects to be
able to yield a harvest and generate revenues from the sale of
plants by the 3rd Quarter of this year. Colorado began allowing the
sale of recreational marijuana on January 1; consequently the
Company will be set to market quality product to an already
existing client base as well as new clients. Due to recent
relaxation of regulation on Cannabis, an influx of new consumers
continues to grow, revealing a lucrative opportunity for the
Company, whereas marijuana dispensaries cannot keep up with the
continually rising demand for high quality marijuana.
Andrew Fellner, President/CEO of Strategic stated, "We are very
optimistic about the lucrative potential our entrance into this
industry can yield. The demand in this newly legalized industry is
sure to bring in significant revenue going into the third and
fourth quarter of 2014."
About Strategic Global Investments: Strategic Global Investments
is a company engaged in providing its customers with various venues
to reach their target audience with on demand programming or
advertising through Wazillo.com and WazilloMedia.com.
WazilloMedia.com is involved in the production of videos for
customers and consumers permitting the use of the Company's state
of the art studios to produce their own videos and the use of a
website where subscribers can make available live, streaming video
for their potential audience. The Company produces Internet
content, taped video shows, in their state-of-the-art studios in
San Diego, California, where the productions can be stored and
replayed on Demand 24/7 through the Company's cutting edge Content
Management System. For more information visit our website at:
www.strategicglobalinvestments.com
Safe Harbor Act: Forward-Looking Statements are included within
the meaning of Section 27A of the Securities Act of 1933, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements regarding our expected future financial position,
results of operations, cash flows, financing plans, business
strategy, products and services, competitive positions, growth
opportunities, plans and objectives of management for future
operations, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and other similar expressions are forward-looking
statements and involve risks, uncertainties and contingencies, many
of which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. We are under no obligation
to (and expressly disclaim any such obligation to) update or alter
our forward-looking statements, whether as a result of new
information, future events or otherwise.
Contact: Media Relations Andrew Fellner 760-685-7171 Website:
http://www.strategicglobalinvestments.net/ E-mail:
Andy@wazillo.com
Strategic Global Investm... (CE) (USOTC:STBV)
Historical Stock Chart
From May 2024 to Jun 2024
Strategic Global Investm... (CE) (USOTC:STBV)
Historical Stock Chart
From Jun 2023 to Jun 2024