GL Brands, Inc. Begins Trading Today on the OTCQB® Venture Market
February 18 2020 - 9:05AM
InvestorsHub NewsWire
GL Brands, Inc.
Begins Trading Today on the
OTCQB® Venture Market
Dallas, TX -- February 18, 2020
-- InvestorsHub NewsWire -- GL Brands, Inc.
(OTCQB:
GRLB) ("the Company"), a global hemp consumer packaged goods
company and global house of brands based in Dallas,
TX, is pleased to announce that the
company is
trading on the thriving OTCQB Venture
Market.
The OTCQB Venture
Market offers early stage and developing companies the benefits of
being publicly traded in the U.S. with lower cost and complexity
than a U.S. exchange listing. Streamlined market standards enable
growing companies like GL Brands to provide a strong baseline of
transparency to inform and engage U.S. investors. It is
recognized by the SEC as an established public market.
CEO Carlos Frias
comments: "Qualifying for the OTCQB is a
benchmark event, pairing increased transparency
with increased access to opportunities and partnerships
in line with our vision for explosive
growth in
the rapidly
expanding cannabis
industry."
About GL Brands
Inc.:
GL
Brands is a global hemp consumer packaged goods company that
creates authentic, enduring and culturally relevant brands engaged
in the development and sale of cannabis-derived wellness products.
Through its premier brands Green Lotus™ and Irie
CBD,
GL Brands delivers a full portfolio of hemp-derived CBD products,
including tinctures, soft gels, gummies, sparkling beverages,
vapes, flower and topical segments to promote greater wellness and
balance, in the U.S. and throughout the world. For more
information, please visit https://www.glbrands.com.
Safe Harbor
Statement
This
press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
that are intended to be covered by the "safe harbor" created by
those sections. Statements in this press release that are not
strictly historical are "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements generally can be identified by
phrases such as "believes," "expects," "anticipates," "foresees,"
"forecasts," "estimates" or other words or phrases of similar
import. Similarly, statements herein that describe GL Brand's
business strategy, outlook, objectives, plans, intentions or goals
also are forward-looking statements. All such forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those in
forward-looking statements. Factors that could cause or contribute
to differences include the uncertainty regarding viability and
market acceptance of GL Brand's products and services, changes in
relationships with third parties, and other factors described in GL
Brand's most recent periodic filings with the Securities and
Exchange Commission. These risks and uncertainties
include, without limitation, changes in general industry or
regional market conditions; changes in consumer and customer
preferences for our products; loss of business from increased
competition; changes in strategic relationships; unfavorable
fluctuations in currencies or interest rates in the regions in
which we operate; changes in regulatory conditions; changes in tax
laws; import and export duty and tariff rates in or with the
countries with which we conduct business; and negative impact of
any governmental investigations and associated
litigations.
The
occurrence of any of these risks and uncertainties could have a
material adverse effect on the Company's business, financial
condition and results of operations. The Company is not obligated
to revise or update any forward-looking statements to reflect
events or circumstances that may arise after the date of this
release.
Investor
Contacts:
Phil Carlson /
Erika Kay
Phone: (212)
896-1233
Email: pcarlson@kcsa.com / ekay@kcsa.com
Media
Contacts:
Anthony Feldman
/ Nick Opich
KCSA
Strategic Communications
(347) 487-6194 /
(212) 896-1206
afeldman@kcsa.com / nopich@kcsa.com