Integrated Cannabis Solutions, Inc., entering CBD
industry estimated to grow 700% by
2020 with a 20-acre test.
-
The
CBD
market is estimated to grow to $2.1 billion by 2020
-
20 Acre
test grow to be planted, 160 total acres
available
-
Value of
the test grow could reach $8 million
Coconut Creek, FL
-- November 26, 2018 --
InvestorsHub NewsWire -- Integrated Cannabis Solutions, Inc.,
(OTCPINK:
IGPK) is pleased to announce that it will be officially
entering the CBD industry with a 20-acre test plantation. For the
past year IGPK has been working to
position itself in the growing CBD industry, and about 6 months ago
began exploring an opportunity in the State of Wisconsin and
is now able to move forward with its plan in the CBD
industry.
Integrated Cannabis believes
CBD is the easiest entry into the lucrative cannabis market. In the
State of Wisconsin, you do not need to be a resident to obtain a
license to grow CBD. A 20-acre test grow is being planned for
with an
additional 140 acres available to plant on
while still
having additional space for drying
facilities and storage. The value of the test grow is
estimated at $2 million, but could reach as much as $8 million if
Integrated Cannabis is granted a processing
license.
Integrated Cannabis
with the
assistance of the land owners have put together the local resources
needed to till, farm and harvest the crop without having to invest
in any heavy equipment. Integrated Cannabis will retain a
consulting firm to supply the seedlings and oversee the crop. This
will ensure the plants do not test hot and
the crop has a healthy harvest.
Wisconsin was once the hemp
capital of the United States until the 1940's the farm IGPK has
been researching once grew both hemp and tobacco on it among other
crops being grown today.
Capitalizing
on the Power of CBD
Studies have shown that CBD possesses a
multitude
of therapeutic
benefits, including antioxidant and neuroprotective properties. One
of more than 85 cannabinoids identified in marijuana and hemp, CBD
is typically used for health reasons and products can be derived
from industrial hemp plants or marijuana plants.
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.
Integrated Cannabis has been
reviewing other opportunities within the Cannabis sector and will
begin to give further updates shortly.
Forward-Looking
Statements
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.
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.
For additional information
about this release please contact:
Investor
Relations:
Matt Dwyer
matt@integratedcannabissolutionsinc.com
www.integratedcannabissolutionsinc.com
954-906-0098