ID Global Corporation Obtains Licensing and Distribution Agreement for Green Rush(TM) Brand of Cannabis/Hemp Product Line
June 18 2014 - 10:41AM
ID Global Corp. (OTC:IDGC) is pleased to announce that it has
obtained the exclusive worldwide licensing and distribution
agreement from Corr Brands, Inc. (CBI) for GREEN RUSH™ Products. A
new brand development division will be started by IDGC as the
products are packaged for sale and IDGC will invoice all sales for
GREEN RUSH™ Products in the marketplace.
Through the agreement IDGC is granted exclusive worldwide
licensing and distribution rights through the year 2017 within
retail channels including:
- National, regional or independent chains;
- Natural food stores;
- Club stores;
- Mass merchandising or drug store chains;
- Gourmet or specialty outlets;
- Department stores;
- Food service industry and other institutional sales; and
- Armed forces sales and outlets.
Sebastien DuFort, president and CEO stated, "This is a
significant step for IDGC to enter the medical marijuana market
with an established and trusted group. We have been in discussions
with other strategic partners and affiliates to ensure we execute
and take full advantage of this opportunity. More details about the
partnerships and roll out plans will follow."
About Corr Brands, Inc.
Corr Brands, Inc. is an Illinois corporation founded in 1978 as
the holding company for intellectual property (IP) of Robert J.
Corr and his family. The flagship brands are Ginseng Rush and
Apple Rush brands, but also include Green Rush and Hard Rush. The
Corr family recently licensed the Apple Rush and Ginseng Rush
Brands, as well as sold controlling interest in Apple Rush Company,
Inc. (APRU) to the California-based LiveWire Ergogenics Inc.
(LVVV), also a public company.
CBI is a long lived company that over the years has licensed its
IP to various third party concerns. The new mode of operation is to
minimize external influences and concentrate efforts in a targeted,
low overhead manufacturing and marketing endeavor.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company
with a focus on emerging and middle market investment opportunities
in North America. IDGC seeks, through debt and equity investments,
minority positions as well controlling interests in established
companies and special situation start-ups.
Forward-Looking Statements
This press release contains statements which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of ID Global Corporation and members of its
management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. The company undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions,
the occurrence of unanticipated events or changes to future
operating results.
CONTACT: ID Global Corporation
Attn: Sebastien DuFort
230 W. Monroe St., Ste. 310
Chicago, Illinois 60606
6305323625
Sdufort68@gmail.com
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