Global Consortium, Inc.,
Reports
Progress in Sacramento
-
Multiple inspections passed
-
One last hurdle to complete
-
Ready for Final inspection this week
Coconut Creek, FL --
August 27, 2019 -- InvestorsHub NewsWire -- Global Consortium,
Inc., (OTCPINK:
GCGX) is
pleased
to report a tremendous amount of progress has been made in reading
the workspace
in Sacramento. Operations
are ready
to begin in early September.
The City has been to
the building several times over the past 10 weeks since the
permit
was issued. To
date the following inspections have been passed:
Plumbing
Rebar
Concrete
inside and out
Fire
Sprinklers
The Co2 exhaust system
is being installed this week.
The
following inspections will take place once the Co2 system has been
installed:
Building
Code
Co2
Exhaust
Co2
System
ADA
Asphalt
Cannabis
Manufacturing & Agricultural
Electrical
The work for all the
inspections listed above has been completed except for the
Co2 exhaust
system
which is
being installed this
week.
The space should be
ready by Friday August 30,
2019 for
inspection.
The final
inspection will be requested for next week at which time the ("CO")
Certificate of Occupancy will be issued after passing the final
inspection.
Following the
issuance of the CO, Indulge Oils will begin manufacturing its THC
products for sale. Plans will begin to
move Infused Edibles into the building to produce THC infused
products.
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