Cannabis Global Group, With Partner Ad Agri, Developing Technology for Improved Cannabis Production
April 03 2014 - 10:00AM
Marketwired
Cannabis Global Group, With Partner Ad Agri, Developing Technology
for Improved Cannabis Production
GREEN VALLEY, AZ--(Marketwired - Apr 3, 2014) - Cannabis Global
Group (CGG), a division of Talisman Holdings, Inc. (OTC: TMHO)
announced that, in conjunction with Ad Agri, it has begun
development of a protocol to address problems of inefficiency in
commercial legal marijuana production.
The plan will address, among others, the problem areas of:
inadequate climate control, which is an issue most growers have
never faced on a commercial scale; a preventive program of pest and
disease management; strain selection; scheduling; fertilization;
and, effective creation and utilization of power for cost
reduction. The business model under development is to
incorporate the technology developed and know how to be licensed to
users.
"The commercial production of legal marijuana brings real issues
which may only be confronted by application of special technical
knowledge. This is demonstrated in Colorado, for example, where the
cost of producing a pound of cannabis ranges from $385 to $1,450.
Our approach, once completed, will enable us to offer a consulting
and licensing platform to partners worldwide," said Charles Adams,
a Cannabis Global Group Director and head of the development
program.
Additionally, the Company's board of directors has given the
go-ahead to the recapitalization of the Company's share structure
including a stock dividend of one additional share for each share
currently held by shareholders, and a restricted stock retirement
plan by certain insiders. These are exciting times for us and the
company looks forward to providing regular updates on its
progress.
About Talisman
Holdings: Talisman Holdings, Inc. (OTC: TMHO) is a highly
innovative holding company built on the belief that the world's
greatest potential for financial growth lies in emerging companies.
Talisman Holdings searches for undervalued small and microcap
businesses with breakthrough products, services and technologies
with explosive growth potential and delivers the equity, financial
guidance, strategic counsel, consulting and business functions they
need in order to succeed in the public marketplace. Taking an
ownership or equity stake in standout emerging growth companies
grows the asset base and drives shareholder value for Talisman
Holdings, and the diversified holding company organizational
structure and range of industries provides diversity of risk. For
more information please visit Talisman's website at
www.talismanholdings.com.
About Cannabis Global
Group Cannabis Global Group, a wholly owned subsidiary of
Talisman Holdings, Inc. (OTC: TMHO) is focused on the explosive and
emerging legalized marijuana industry. Accordingly, it is
designing an infrastructure to capitalize on this emerging American
business. The company has targeted this market based on a belief
that legalization of marijuana in all states and at the federal
level is inevitable. In addition to its own activity, the company
is uniquely qualified and positioned to be of assistance to others
by providing financing, consulting, acquisition direction,
strategic planning advice, ancillary products, marketing
communication campaigns and agricultural enhancement. Industry
dynamics make Cannabis Enterprises Group a compelling opportunity.
Visit us at www.cannabisglobalgroup.com.
FORWARD-LOOKING DISCLAIMER This summary contains
forward-looking statements within the meaning of the "safe harbor"
provision of the Private Securities Litigation Reform Act of 1995.
These statements address future events and conditions concerning
the Company's business plans. Such statements are based on
management's current expectation and are subject to a number of
factors and uncertainties, such as future economic conditions and
changes in anticipated revenues and costs, which may cause actual
results to differ materially. Also, these forward-looking
statements may involve a number of risks and uncertainties,
including (i) all of the risks and certainties associated with a
start-up or development stage business; (ii) the Company's present
lack of capital and its ability to obtain capital as needed; (iii)
intense competition for products and services; (iv) the timely
development and market acceptance of the Company's products and
technologies; and (v) the successful integration of acquisitions
and lines of business. The actual results that the Company achieves
may differ substantially from any forward-looking statements due to
such risks and uncertainties. The Company expressively disclaims
any future obligation or undertaking to update or revise any
forward-looking statements contained herein. Investors and
potential investors should independently investigate and fully
understand all risks before making investment decisions.
For more information contact us at: Talisman Holdings, Inc. 505
Mission Twin Buttes Rd. Green Valley, AZ 85622 Phone: 206-666-3247 Fax:
206-666-3247
info@talismanholdings.com Cannabis Global Group 505 Mission Twin
Buttes Rd. Green Valley, AZ 85622 Phone: 253-780-9244 Fax:
425-606-5794 Info at
www.cannabisglobalgroup.com
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