Global Consortium, Inc., is exploring opportunities in
Canada
-
A move to Canada would open up funding
opportunities
-
The company would be valued at a
higher multiple
-
The ability to dual list in the United States
Coconut Creek, FL --
March 28, 2019 -- InvestorsHub NewsWire -- Global Consortium, Inc.,
(OTCPINK:
GCGX) is exploring
the opportunity to take one of its divisions public in
Canada.
Ongoing discussion
are being held to take one of the Company's divisions public in
Canada, where it can receive a higher multiple and
gain
easier
access to capital for expansion. Cannabis companies
listed in Canada thrive after going public on the CSE than dual
list here is the United States.
Opportunities exist
all over the United States at reasonable valuations while the
country keeps Cannabis in the grey area between State
Government
and the
Federal Government. Utilizing the
Canadian markets to raise capital would open up growth
potential currently being
missed.
Global's CPA has
almost completed the
consolidation of the
financials and when
completed they will be
forwarded to the Company's auditors for
review.
The Company will file
its Consolidated Annual Report by the 15th
of
April.
About Us:
Global Consortium,
Inc., is building America's First Cannabis Mall,
which when completed will house Manufacturing, Distribution,
Delivery, Retail, Testing, 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.
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, the release of corporate apps,
growth of the 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:
www.GCGX.ORG
info@GCGX.ORG
investor@gcgx.com
Twitter:
@Global_GCGXOTC
512-267-2430