CANNABIS CONSORTIUM'S PARTNERS BEGIN INFUSING EDIBLES WITH THC
May 03 2018 - 12:50PM
InvestorsHub NewsWire
CANNABIS
CONSORTIUM'S PARTNERS BEGIN
INFUSING EDIBLES WITH THC
-
Cannabis Consortium will
book revenues from THC
Infused Edibles in 2Q2018
-
Current order backlog
exceeds $600,000
Coconut Creek,
FL -- May 3, 2018 -- InvestorsHub NewsWire
-- Bahamas Development
Corporation (OTCPINK:
BDCI) subsidiary company Global Consortium, Inc.
DBA
Cannabis
Consortium, is pleased to announce its
Partners have begun operations to infuse
edibles with THC under its Master License
Agreement with Infused Edibles. Cannabis will be revenue generating and
income producing during the second quarter of 2018.
Next week
Cannabis's Partners will begin the task of fulfillment of
a
large number of
back orders which is in excess of
$600,000.
Infused
Edibles has received an additional large volume of
new orders since
the announcement of Infused Edibles
products
that will be sold
containing THC.
Infused
Edibles www.infusededibles.org
an award winning
candy manufacturer currently has distribution in 400
outlets.
Corporate Update:
BDCI's ranking
with OTC was changed to Pink Limited because the Attorney Letter
was not filed. The earliest BDCI is able to complete
its
interview with
Counsel is Friday May 4, 2018. The Company
should be able to
upload the letter later that day and be restored to Pink Current
within a few trading days.
This completes
another goal outlined by
Cannabis
Consortium
in 2017,
to be revenue
generating and income producing during the second quarter of
2018.
About Cannabis Consortium:
Cannabis
Consortium does not own or operate any licensed cannabis operation.
Cannabis Consortium is entitled to receive 15% of the annual net
revenue collected by its partners
from every
project it is involved with. The Company is also entitled to
receive 15% of the proceeds its partners receive
should any
company be sold. Cannabis acts as a consultant in these
transactions and is not involved in any day-to-day operations or decision
making for any of the licensed cannabis operations. Cannabis may
own assets in the future that are leased to various licensed
entities operating in the cannabis sector. Cannabis will receive rent from any asset it leases
to the cannabis sector.
Bahamas
Development Corporation, 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
matt@cannabisconsortium.net
www.cannabisconsortium.net
954-906-0098