IRVINE, Calif., July 17, 2014 /PRNewswire/ -- The
CannaBusiness Group Inc. (OTC: CBGI) As of July 14, 2014 the CEO/Chairman Mr. Cummings
resigned due to health issues, which will not allow him to perform
his duties or give the time needed at CBGI. The board of directors
and majority shareholders have appointed Jeff Jiron the President and Founder of NorCal
Connection, Inc. to the position of Chairman and CEO.
Michael Cummings, CEO stated "I
am very sorry for the sudden departure however, due to my illness I
can no longer dedicate the time required to operate CBGI. And I
have all the confidence in Mr. Jiron to operate CBGI and I would
like to wish him good luck."
About The CannaBusiness Group, Inc.
The CannaBusiness Group Inc. ("CBGI") founded in 1985 and is
headquartered in Vacaville,
California we are a publicly held company vested as a
strategic real estate acquisition, leasing, and management firm
whose primary focus is on zoning issues. We acquire commercial
property or land, and lease out the facilities for Agricultural,
Industrial, Commercial and Retail, whether small or large scale
clients.
The CannaBusiness Group, Inc. manages a portfolio of properties
that it acquires and leases. We provide oversight on each and every
property we manage. This can include complete architectural design
and subsequent build-outs, general support, landscaping, general
up-keep, and state of the art security systems.
CBGI developed an acquisition plan to acquire companies that
sell products and services to include Security Services, E-Commerce
Store Fronts for both Grow and Dispensary operations; Technology
Solutions; Software Solutions; and miscellaneous solutions.
Any and all acquisitions will be spun off into their own
publicly traded company in the future, or may be acquired or merged
into another 3rd party company. Once, CBGI and subsidiary
management agree that a company is ready to go public, merge or be
acquired our group of professionals will start working on the best
option for that company.
The CannaBusiness Group, Inc. adheres to all federal laws and
does not sell marijuana at any dispensaries and/or a grow
operations.
Stay up-to-date with current events by joining The CannaBusiness
Group, Inc. E-Mail Alert List. Join by going to the following:
info@thecannabusinessgroup.com
FORWARD-LOOKING STATEMENT AND DISCLOSURE: This press release
contains forward-looking statements, including expected industry
patterns and other financial and business results that involve
known and unknown risks, uncertainties and other factors that may
cause our actual results, levels of activity, performance or
achievements to differ materially from results expressed or implied
by this press release. Such risk factors include, among others: the
continuation of recent growth rates in the industry; the
positioning of The CannaBusiness Group, Inc. in the market; ability
to integrate acquired properties and technology; ability to retain
key employees; ability to successfully combine product offerings
and customer acceptance of combined products; general market
conditions, fluctuations in currency exchange rates, changes to
operating systems and product strategy by vendors of operating
systems; and whether The CannaBusiness Group, Inc. can successfully
execute their business plan. Actual results may differ materially
from those contained in the forward-looking statements in this
press release.
Jeff Jiron
Website: http://www.thecannabusinessgroup.com
Phone: 949-936-2595
Email: info@thecannabusinessgroup.com
SOURCE The CannaBusiness Group, Inc.