MISSION VIEJO, California,
March 12, 2014 /PRNewswire/ --
The CannaBusiness Group, Inc. (OTC: CBGI) files 2013 Annual
Disclosure Statement and prepares financials to be audited by PCAOB
accountant and have attorney file form 10.
http://www.thecannabusinessgroup.com
The 2013 Annual Disclosure is from Muscle Warfare the subsidiary
that on December 27, 2013 rescinded
its agreement to be part of the public company. From the
1st quarter of 2014 and beyond, The CannaBusiness Group,
Inc and its subsidiaries will file financials together on the OTC
Markets and as soon as we have completed our audits and approved
through the SEC, 10Q and 10K's will start to be filed with the SEC
and CBGI will become a fully reporting public company.
The CannaBusiness Group, Inc. CEO Michael Cummings commented, "One of our goals is
to move up to a fully reporting SEC company, this will take some
time with the auditor and legal counsel however, we are moving
diligently towards that goal and hope to be fully reporting within
6 months on the OTCQB."
Also, Mr. Cummings stated that The CannaBusiness Group, Inc.
will continue to be as transparent as the SEC allows us to be. I am
also, very confident that within 6 months we will be compliant with
the SEC and be granted the status of a fully reporting company. At
that point it will make it easier to raise capital and to acquire
more property and businesses.
About The CannaBusiness Group, Inc (OTCPink: CBGI)
The CannaBusiness Group Inc. ("CBGI") founded in 1985 and is
headquartered in Mission Viejo,
California we are a publicly held company vested as a
strategic real estate acquisition, leasing, and management firm
whose primary focus is on zoning issues. We acquire commercial
property or land, and lease out the facilities for Agricultural,
Industrial, Commercial and Retail, whether small or large scale
clients.
The CannaBusiness Group, Inc. manages a portfolio of properties
that it acquires and leases. We provide oversight on each and every
property we manage. This can include complete architectural design
and subsequent build-outs, general support, landscaping, general
up-keep, and state of the art security systems.
CBGI developed an acquisition plan to acquire companies that
sell products and services to include Security Services, E-Commerce
Store Fronts for both Grow and Dispensary operations; Technology
Solutions; Software Solutions; and miscellaneous solutions.
Any and all acquisitions will be spun off into their own
publicly traded company in the future, or may be acquired or merged
into another 3rd party company. Once, CBGI and subsidiary
management agree that a company is ready to go public, merge or be
acquired our group of professionals will start working on the best
option for that company.
The CannaBusiness Group, Inc. adheres to all federal laws and
does not sell marijuana at any dispensaries and/or a grow
operations.
Stay up-to-date with current events by joining The CannaBusiness
Group, Inc. E-Mail Alert List. Join by going to the following:
http://www.thecannabusinessgroup.com
FORWARD-LOOKING STATEMENT AND DISCLOSURE: This press release
contains forward-looking statements, including expected industry
patterns and other financial and business results that involve
known and unknown risks, uncertainties and other factors that may
cause our actual results, levels of activity, performance or
achievements to differ materially from results expressed or implied
by this press release. Such risk factors include, among others: the
continuation of recent growth rates in the industry; the
positioning of The CannaBusiness Group[SM], Inc. in the market;
ability to integrate acquired properties and technology; ability to
retain key employees; ability to successfully combine product
offerings and customer acceptance of combined products; general
market conditions, fluctuations in currency exchange rates, changes
to operating systems and product strategy by vendors of operating
systems; and whether The CannaBusiness Group [SM], Inc. can
successfully execute their business plan. Actual results may differ
materially from those contained in the forward-looking statements
in this press release.
Investor Contact Information:
Investor Relations
The CannaBusiness Group, Inc.
Phone: +1(888)391-9459
Email: info@thecannabusinessgroup.com
SOURCE The CannaBusiness Group, Inc.