TVOG entering Hemp/MJ markets-300 Hemp cafes similar to a Starbucks coming.
Turner Valley Oil and Gas To Enter The Hemp and Health Café Market
Dec 7, 2016
December 07, 2016 – Turner Valley Oil & Gas, Inc. (the “Company”) (OTC:TVOG), pending name change to Turner Venture Group, Inc., announces that it has engaged a communications consulting firm Optimal Prime Consulting (“OPC”). This Santa Clarita, California-based OPC has assisted numerous public companies in business development and Investor Relations activities. Additionally, OPC will begin identifying and seeking out profitable M&A candidates in the nutritional Hemp and health-focused areas across the United States to supplement the restaurant holding model being implemented by the Company.
In its endeavor to join with trendsetting and exciting new companies, the Company wants to include in its holdings a breakthrough company that is health-based and a part of the fast growing Hemp market. Hemp-based consumer products for the nutraceutical, pharmaceutical and supplement industries continue to evolve as more and more states nationwide soften on restrictions for the industries. The Company believes that the “Hemp café model” may fit this criteria and may add substantial revenue and profitability for its shareholders.
The Hemp and affiliated industries are expected to grow to be an $8 Billion dollar industry by the year 2017, with revenues increasing to over $20 Billion by 2019. Within that growth is a burgeoning market of Hemp based coffees, health and energy drinks, nutritional supplements, and various nutritional food items. As such, Hemp and related product based “cafes”, similar to a local coffee house or well-known national coffee franchise, are becoming very popular and present a unique opportunity for the Company to enter into this fast growing industry.
Subject to further due diligence, the ultimate goal will be to have up to 300 franchise stores in this venture, with potential revenues estimated in excess of $1 Million per store. Financing is already being structured for this type of M&A transaction, and a number of candidates have been already identified. In addition, a number of fitness and health celebrities have been approached that can be brought in to represent the company and product across all forms of social media.
