- The
company is constructing the first-ever cannabis mall, offering products
manufactured in-house and serving outside vendors
- GCGX
is reaching into the Lake Tahoe, California-area to provide products to
more than 30 million who have limited or no access to recreational
dispensaries
- The
company is adding a medical grade nutraceutical division
- GCGX
aims to commence the registration process for listing on the Nasdaq, with
a target date of mid- to late-June
Headquartered in Florida, Global Consortium Inc. (OTC: GCGX) is a diversified,
cannabis-holding company expanding its reach nationwide. The company’s
portfolio includes several subsidiaries, partnerships and licensing agreements.
Focused on sustainable revenues from operations, GCGX’s approach is seed to
shelf, thereby providing the company with optimal control of the end-consumer
experience. The company believes that the first to market will dominate and is pushing
its way to the forefront.
The company is currently constructing the first-ever
cannabis mall. Located in Sacramento, California, this 64,000-square-foot
building will follow GCGX products from seed to sale. Manufacturing,
distribution, delivery, retail, testing and cultivation operations are all
expected to take place under the same roof. Once completed, the cannabis mall
will be home to the largest operational CBD and THC distillate and edible
manufacturing facility in the country. The mall will offer products
manufactured in house, as well as serving outside cannabis vendors.
GCGX is reaching into the Lake Tahoe, Nevada, area to
establish itself as one of the first in the recreational space. The area has no
recreational dispensaries, and the more than 30 million people who live and
visit Lake Tahoe rely on a single licensed delivery company. All of Global
Consortium’s products are now available in the area, and the weekly order
placed is worth a minimum of $50,000.
The Global Consortium product line currently consists of
Infused Oils and Infused Edibles. The company’s Infused Oils line creates
natural, pesticide-free, medicinal cannabis extracts that are strain-specific
THC and CBD oils of premium quality. In its 13 years of production, the company’s
Infused Edibles line has received 17 first-place awards for its U.S.-grown and
CBD-infused products and currently serves an estimated 400 stores in 15 states.
The production of all edibles is expected to relocate by the end of Q2 2019 to
the new cannabis mall (http://ibn.fm/54BSn).
The company also recently announced (http://ibn.fm/6zZsa) that it is
adding a medical grade nutraceutical division. Products produced from this
division will be overseen by medical doctors and veterinarians, and they may
include lotions, balms, ointments, liquids, pills and powders. While some
products will be made available to the public, others will be white labeled for
customization to providing doctors’ practices.
During a recent investor conference call (http://ibn.fm/pVmEu), GCGX CEO
Matthew Dwyer also emphasized the company’s goal to begin the registration
process for being listed and traded on the Nasdaq by mid- to late-June.
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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www.QualityStocks.com
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Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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