– The Grow License allows for Growing and Processing of your own crops
– The Processing Licenses gives the ability to process others crops at our facility
– The Contract to purchase the land is being worked on.
COCONUT CREEK, Fla., March 13, 2019 (GLOBE NEWSWIRE) — — via OTC PR WIRE — Integrated Cannabis Solutions, Inc., (OTCPINK: IGPK) on February 8, 2019 submitted Grow and Processing applications with the State of Wisconsin in conjunction with the 200-acre farm it is purchasing.
Both licenses were issued to IGPK by the State of Wisconsin on February 28, 2019 and copies have been uploaded to the Company’s website www.igpk.org. The Grow License allows the Grower to grow and process their own hemp crop, while the Processing License allows the processing of hemp crops from in or out of State.
The successful receipt of the Processing License was essential for IGPK to create a Co-Op with the surrounding farmers due to the lack of hemp processing capacity within the State. The processing facility being built on the farm is designed to have enough capacity to handle the 160 acres of hemp on the farm as well as any hemp grown on surrounding farms.
Now that Integrated is fully licensed the Company can finalize the contract to purchase the farm.
Integrated Cannabis is reviewing other opportunities within the Cannabis sector and will begin to give further updates shortly.
Integrated Cannabis Solutions, 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.
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.
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