Cannabis/Hemp/CBD/Infused Products/Shareholder Update
October 27 2016 - 7:45PM
Access Wire
Colorado Company Announces National Expansion
with TCH-Free, CBD Delivery System for Cannabis
Marijuana Infused Product Companies International
Consolidated Companies (OTC: INCC) Shareholder Update on St. James
Remedies (SJR)
DENVER, CO / ACCESSWIRE / October 27, 2016 / An
innovative Colorado company, INCC, has announced national expansion
plans.
St. James Remedies will be selling its products, a better,
smarter delivery system technology for CBD, and licensing its brand
to Marijuana Infused Products companies (MIPs) in the states where
medical marijuana are state legal. The MIP will add THC to the SJR
capsule, making it a salable item in the medical dispensaries.
INCC CEO and Chairman Antonio F. Uccello has notified the
company that he will direct St. James Remedies (SJR) to issue a
portion of the shares due to him to the shareholders of INCC. The
companies intend to accomplish this by registering the shares and
having them issued as a stock dividend to the INCC
shareholders.
"We are very excited to be a part of the medical solutions
without being directly involved in the addition of THC or direct
sales of medical marijuana products." St. James Remedies currently
include cannabidiol (CBD) based wellness drinks, and gel caps.
According to Uccello, INCC is analyzing additional, innovative
acquisitions in the growing cannabis and hemp space. INCC is
currently in negotiations with several marijuana- infused product
companies as they eye national expansion. The end of Cannabis
prohibition has been sweeping the country with nearly 25 states who
allow some form of consumption, and a multitude of others that may
decided to end prohibition in the November election.
"Now that we have a definitive path we will be completing the
steps needed to bring INCC in compliance with OTC markets," he
said. "As the sale of assets is no longer possible, I want to
ensure the INCC shareholders still received a similar
distribution."
Other announcements include the retention of Proven Media, an
award-winning public relations firm for cannabis and hemp
companies.
"Opportunities abound for an experienced company like IINC and
St. James Remedies. We are poised and prepared for aggressive and
expansive growth," Uccello said. The company is expected to
announce additional expansion plans in November.
For information: stjamesremedies.com.
/s/ Antonio Uccello, Chairman of the
Board
International Consolidated Companies (INCC) was founded in 2002.
INCC and its subsidiaries are in the business of people - helping
people, through the development of quality hemp products and
services, which bring new energy to the world and will ultimately
create prosperity for investors. INCC is focused on acquiring and
growing businesses that offer innovation, quality, and
cost-efficient technologies.
Forward-looking disclaimer
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the Safe Harbor
created by those sections. This material may contain statements
about expected future events and/or financial results that are
forward-looking in nature and subject to risk and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different
from the statements made herein.
Information: Antonio F. Uccello, INCC,
(305-707-7780), (baltic38dp@me.com)
SOURCE: International Consolidated Companies,
Inc.
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