GLOBAL CONSORTIUM
- THE STATE OF CALIFORNIA
ISSUES MANUFACTURING
LICENSE FOR
ADULT AND MEDICAL CANNABIS PRODUCTS
-
Indulge Oils to
resume
operations
-
Global Consortium Group, LLC to be
acquired early next year
-
Infused Edibles will resume sales of THC Infused
Edibles
Coconut Creek, FL -- December
10,
2018 --
InvestorsHub NewsWire -- Global Consortium, Inc.
(OTCPINK:
BDCI) is pleased to announce the
State of California
has issued
a
temporary manufacturing
license allowing operations in the
facility to begin.
The temporary manufacturing
license for
adult
and medical cannabis products issued to Global
Consortium Group, LLC, means Indulge Oils and Infused
Edibles can begin selling THC products
generating
revenue for the company from
cannabis sales.
Infused Edibles began lining
up orders for THC infused edibles, and ordered 50,000 of the new
packaging as required July 1,
2018. Indulge Oils has clients
ready to accept pens and cartridges.
The temporary manufacturing
license allows two more
SIGNIFICANT
revenue streams
to come online for Global. As stated in our
financials, Indulge Oils
at
full capacity
will generate $1,000,000 per month net. The larger extractor will
be ordered this month now that the license has been
granted.
The new, larger extractor should come online in about 8
weeks.
Global Consortium Group,
LLC is the
California company Global mentioned in a previous release it plans
on acquiring.
The company continues to work with
FINRA to complete the Name and Ticker change filed in October after
the closing of the
merger. Based on the
latest
information, the company feels
the changes are
close to taking effect.
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