LOS ANGELES, March 19, 2014 /PRNewswire/ -- Primco Management
Inc. (OTCQB: PMCM), a fully integrated multi-media entertainment
and real estate development company, today announced that the
Company has entered into an agreement to acquire Seattle based Suzie Q's (www.mysuzieqs.com), a
medical marijuana collective fully licensed by the City of
Seattle. Suzie Q's has been in operation for more than 4 ½
years and serves over 1,500 patients. The Agreement calls for
the purchase of 100% of the assets of the Co-op as well as the
purchase and transfer of a Tier I Production License granted by the
Washington State Liquor Board.
"The acquisition of Suzie Q's, one of the first fully licensed
facilities in Seattle, gives us a
base of operations which tie in perfectly with our plans in nearby
Vancouver," stated David Michery,
CEO. "Once we complete the acquisition of Suzie Q's, we believe
that we can significantly increase the current revenue stream over
the next few months. Primco is in the early stages of
establishing a massive marketing campaign to launch our new
brand. By delivering the highest quality medicine at
competitive levels, the Suzie Q's brand will grow to become one of
the most trusted names in medical cannabis."
Primco will file an 8-K detailing all material events of the
transaction including licensing, permits, tax forms and pending
applications.
About Primco Management Inc.: Through its wholly-owned
subsidiaries, ESMG Inc., Top Sail Productions and D & B Music,
Inc., the Company operates as an integrated entertainment company
with divisions in music and film production and distribution.
Primco also operates in various aspects of the real estate
industry. (For additional information, visit
www.primcousa.com).
Disclaimer: The Company relies upon the Safe Harbor Laws of
1933, 1934 and 1995 for all public news releases. Statements, which
are not historical facts, are forward-looking statements. The
company, through its management, makes forward-looking public
statements concerning its expected future operations, performance
and other developments. Such forward-looking statements are
necessarily estimates reflecting the company's best judgment based
upon current information and involve a number of risks and
uncertainties, and there can be no assurance that other factors
will not affect the accuracy of such forward-looking statements. It
is impossible to identify all such factors. Factors which could
cause actual results to differ materially from those estimated by
the company include, but are not limited to, government regulation;
managing and maintaining growth; the effect of adverse publicity;
litigation; competition; and other factors which may be identified
from time to time in the company's public announcements.
Contact:
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David Michery,
CEO
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(562)
565-9967
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SOURCE Primco Management Inc.