Expanding footprint across California, expanding brand portfolio
COCONUT CREEK, Fla., Feb. 04, 2019 (GLOBE NEWSWIRE) — Global Consortium, Inc., (OTCPINK: GCGX) is designing and building out America’s first “Cannabis Mall”.
The Cannabis Mall, when completed will house Manufacturing, Distribution, Delivery, Retail 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.
The Distribution space will be leased out to a 3rd party with a 50% revenue share for Global, and all of Global’s products will be distributed for free. The completion of the build out and final inspections are expected to be completed by April 1, 2019, at which time Distribution will go operational.
The Delivery space will operate the same as Distribution and is expected to come operational in the next Quarter.
While we wait for Distribution and Delivery to come online, Global is busy forging relations to expand our footprint beyond Sacramento. Global is seeking to acquire other brands to manufacture and add to their portfolio.
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.
Details of the Company’s business, finances, appointments and agreements can be found as part of the Company’s continuous public disclosure on otcmarkets.com.