CHICAGO, Oct. 20, 2014 /PRNewswire/ -- ID Global
Corp. (OTC: IDGC) is pleased to announce that it has executed a
definitive agreement with World of Marihuana Productions, LTD.
(WMP) wherein IDGC will begin with a 7.5% income participation on
all current and future operations.
WMP has projected revenues of $13.3
million US dollars for the year 2015 with a gross profit
margin of over 60% and a year over year growth of 15%
respectively.
Sebastien DuFort, president and
CEO stated, "We are very pleased to officially partner with WMP and
are excited to get to work right away on expanding their current
operations. IDGC has an enormous opportunity here as
Canada continues to decriminalize
its marijuana laws."
About World of Marihuana Productions, LTD.
World of Marihuana Productions, LTD. (WMP) has been growing
Medical Marijuana for over 5 years and currently owns and operates
multiple grow operations throughout British Columbia. WMP has
production capabilities to service thousands of clients with the
ability to expand rapidly. Management's knowledge and
expertise in the Marijuana industry has shown steady growth in
their operations since inception.
http://www.worldofmarihuana.com/
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 as
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: Sebastien Dufort,
sdufort68@gmail.com, 630-532-3625
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SOURCE ID Global Corporation