Global Consortium (OTC: GCGX) this morning announced
that it is participating in ongoing discussions to take one of its divisions
public in Canada, where it can receive a higher multiple and gain easier access
to capital for expansion. Cannabis companies have thrived after going public on
the CSE and dual listing in the United States, where opportunities exist at
reasonable valuations while the country keeps cannabis in the grey area between
state and federal government regulations. Utilizing the Canadian markets to
raise capital would open growth potential currently being missed. Global’s CPA
is nearly finished with consolidation of the financials, and upon completion,
they will be forwarded to the company’s auditors for review. The company will
file its Consolidated Annual Report by April 15.
To view the full press release, visit http://ibn.fm/hwE3L
About Global Consortium, Inc.
Global Consortium, Inc., is building America’s First
Cannabis Mall, which when completed will house Manufacturing, Distribution,
Delivery, Retail, Testing, and Cultivation all under one 64,000 square foot
building. The Mall will house the largest Manufacturing facility of THC and CBD
Distillate and Edibles believed to be operational in the United States. Global
Consortium, Inc., 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. For more information, visit the
company’s website at www.GCGX.org
NOTE TO INVESTORS: The latest news and updates
relating to GCGX are available in the company’s newsroom at http://ibn.fm/GCGX
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