Isodiol International Inc. (
CSE:
ISOL) (
OTC:
ISOLF) (
FSE:
LB6A.F) (the “Company” or
“Isodiol”), a global CBD innovator specializing in the
development of pharmaceutical and health and wellness products and
now supporting the pharmaceutical industry at large with its
recently approved CBD as an Active Pharmaceutical Ingredient,
announces that its wholly owned subsidiary,
KURE
Corp (“
KURE”), has finalized plans for the
expansion of its national retail footprint. KURE plans to expand by
opening several brick and mortar locations, acquiring existing
vapor stores and introducing their new KURE Vape Pod™ concept in
cities across the US and Canada.
KURE has signed a representation agreement with Newmark
Knight Frank (NKF), one of the world's leading commercial
real estate advisory firms. Newmark Knight Frank is
operated by the Newmark Group, Inc. (NASDAQ:
NMRK).
Under the agreement, the Newmark Group has identified several
national real estate investment trusts (REIT’s) who will provide
Class A retail locations for the KURE Vape Pod™. The initial
roll-out plan is for 10 cities across the United States with
additional cities to be announced.
SG Blocks, Inc. (Nasdaq:
SGBX), a leading designer, innovator and
fabricator of container-based structures have teamed up to create
an extraordinarily unique experience for the vaping industry.
Introducing, the KURE Vape Pod™, a sleek vaporium within a 20’ x
24’ shipping containers structure, allowing for the same quality
customer experience you receive in a stationary KURE store, but
within a smaller and eco-friendly footprint.
It is estimated that the initial 10 locations will be a total
cap ex cost of $2 million. The current 12 KURE stores average
$900,000 USD per location in annual gross sales. KURE will also be
adding Isodiol's CBD products, including a new kathy ireland Health
& Wellness product line in Q2 2018.
“KURE has established itself as a leading specialty vape
retailer and this expansion further reflects the demand KURE has
been receiving from customers,” said CEO of Isodiol, Marcos
Agramont. “With our newly formed partnership, KURE
is now able to provide consumers with a variety of innovative CBD
products. We will also continue to focus on our plans for further
domestic and international expansion.”
KURE CEO Craig Brewer said, "We pride ourselves in offering an
exceptional experience that is personalized for every customer
through our modern and sophisticated retail environment and lounge
with unparalleled customer service. With the merger of Isodiol we
are now able to offer our customers an even more extensive variety
of products.”
“We strive to help our clients grow our their businesses,” said
Kathy Ireland, Level Brands Chairman Emeritus and Chief Brand
Strategist (NYSE:LEVB). This partnership is a
great example of how we maximize our relationships between our
brand partners.”
For more information on Isodiol, please visit
www.isodiol.com
For more information on KURE Corp, please
visit www.kurevapes.com
About Isodiol International Inc.
Isodiol International Inc. is the market leader
in pharmaceutical grade phytochemical compounds and the industry
leader in the manufacturing and development of CBD consumer
products.
Isodiol is the pioneer of many firsts for the cannabis industry
including commercialization of 99%+ pure, pharmaceutical grade
cannabinoids, micro-encapsulations, and nanotechnology for the
highest quality consumable and topical skin care products and most
recently received approval as having the first CBD designated as an
Active Pharmaceutical Ingredient as was announced April 26,
2018.
Isodiol’s growth strategy includes the development of
over-the-counter and pharmaceutical drugs, expanding its
phytoceutical portfolio and will aggressively continue
international expansion into Latin America, Asia and Europe.
About SG Blocks, Inc.
SG Blocks, Inc. is a premier innovator in advancing and
promoting the use of code- engineered cargo shipping containers for
safe and sustainable construction. The firm offers a product that
exceeds many standard building code requirements, and also supports
developers, architects, builders and owners in achieving greener
construction, faster execution, and stronger buildings of higher
value. Each project starts with GreenSteel™, the structural core
and shell of an SG Blocks building, and then customized to client
specifications. For more information, please visit
www.sgblocks.com.
Join Us On Facebook:
https://www.facebook.com/IsodiolInternationalInc/Twitter:
@Isodiolintlinc
ON BEHALF OF THE BOARDMarcos Agramont, CEO
& Director
INVESTOR
RELATIONS:Ir@isodiol.comwww.isodiol.com604-409-4409
Forward-Looking Information:
This news release contains "forward-looking information" within the
meaning of applicable securities laws relating to statements
regarding the Company's business, products and future the Company’s
business, its product offerings and plans for sales and marketing.
Although the Company believes that the expectations reflected in
the forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. Readers
are cautioned to not place undue reliance on forward-looking
information. Such forward looking statements are subject to risks
and uncertainties that may cause actual results, performance and
developments to differ materially from those contemplated by these
statements depending on, among other things, the risks that the
Company's products and plan will vary from those stated in this
news release and the Company may not be able to carry out its
business plans as expected. Except as required by law, the Company
expressly disclaims any obligation, and does not intend, to update
any forward-looking statements or forward-looking information in
this news release. Although the Company believes that the
expectations reflected in the forward-looking information are
reasonable, there can be no assurance that such expectations will
prove to be correct and makes no reference to profitability based
on sales reported. The statements in this news release are made as
of the date of this release.
The CSE has not reviewed, approved or disapproved
the content of this press release.
Level Brands, Inc. (AMEX:LEVB)
Historical Stock Chart
From Mar 2024 to Apr 2024
Level Brands, Inc. (AMEX:LEVB)
Historical Stock Chart
From Apr 2023 to Apr 2024