Global Consortium, Inc.
continues to build out
America's first Cannabis Mall
-
America's first Cannabis
Mall
-
Distribution opening shortly
-
Expanding footprint across California, expanding brand
portfolio
Coconut Creek, FL --
February 4,
2019 -- InvestorsHub
NewsWire -- Global Consortium, Inc., (OTCPINK:
GCGX)
is
designing and building out America's first "Cannabis
Mall".
The Cannabis Mall,
when completed will house Manufacturing, Distribution, Delivery,
Retail and Cultivation all under one 64,000 square foot building.
The Mall will house the largest Manufacturing facility of THC and
CBD Distillate and Edibles believed to be operational in the United
States.
The Distribution
space will be leased out to a 3rd
party
with a 50% revenue share for Global, and all of Global's products
will be distributed for free. The completion of the
build out and final
inspections are expected to be
completed
by April 1, 2019, at which time
Distribution will go operational.
The Delivery space
will operate the same as Distribution and is expected to come
operational in the next Quarter.
While we wait
for
Distribution and
Delivery to come online, Global is busy forging relations to expand
our footprint beyond Sacramento. Global is
seeking
to acquire other brands to manufacture and add to
their
portfolio.
Global Consortium,
Inc., in compliance with
SEC regulations, may in the future use social media outlets like
Facebook or Twitter and its own website to announce key information
in compliance with Reg. FD.
Forward-Looking
Statements
This news release
contains "forward-looking statements" as that term is defined in
Section 27(a) of the United States Securities Act of 1933, as
amended and Section 21(e) of the Securities Exchange Act of 1934,
as amended. Statements in this press release which are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things, estimates
of services and equipment markets, release of corporate apps,
growth of platform, target markets, product releases, product
demand and, business strategy. Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among
others, the inherent uncertainties associated with new projects and
development stage companies. These forward-looking statements are
made as of the date of this news release, and we assume no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements. Although we believe that any
beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can
be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also consider that
any investment in securities is at risk.
Details
of the Company's business, finances, appointments and agreements
can be found as part of the Company's continuous public disclosure
on otcmarkets.com.
For additional
information about this release please contact:
Investor
Relations:
Matt Dwyer
Twitter:
@Global_GCGXOTC
954-906-0098