GoIP Global Inc. (OTC : GOIG)
GoIP’s Africa Cannabis Update
New York, NY, March 27, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc. (OTC Pink: GOIG) announced today that the European-based market intelligence and strategic consultancy firm Prohibition Partners’ latest report states Africa’s legal cannabis industry could be worth more than $US 7.1 billion annually by 2023 if legislation is introduced in a number of the continent’s major markets: www.prohibitionpartners.com.
Ahead of the launch of the report, Daragh Anglim, Managing Director at Prohibition Partners, explained, “A regulated legal cannabis market could be transformative to patients, farmers and economies across Africa. From a financial standpoint, Africa could reap significant rewards through the legalization of cannabis, with international demand offering a strong commercial opportunity for cannabis cultivation.”
As the first mover on the African continent, the Kingdom of Lesotho aims to capitalize on its green bounty by encouraging international investment not only in cultivation but also processing. “We want to export finished products. So the plan is to cultivate and manufacture pharmaceutical products, nutritional products, cosmetics, and extraction of active pharmaceutical ingredients," says Masello Sello, legal adviser at the health ministry, the department responsible for issuing licenses.
Lesotho's entry into the medicinal marijuana market has encouraged other countries to get involved. Zimbabwe has also legalized its cultivation and a number of other African governments are considering it as well. As with every other part of the world this is a process.
In South Africa, the Constitutional Court legalized the growing and smoking of marijuana for personal consumption in a landmark ruling last year.
Malawi is set to become the latest African country to legalize marijuana farming in a bid to boost its economy. It comes as its major foreign exchange earner tobacco starts to see the impact of a decades-long global anti-smoking lobby led by organizations including the World Health Organization. The country’s parliament has drafted a bill on legalizing industrial and medicinal hemp and is expected to be tabled with the national assembly soon.
In Kenya, GoIP is working with authorities to legalize and permit the growing of cannabis for Export. As an update to the previous press release by the company, GoIP has received positive initial response for a license, and is diligently working towards a final initiative to grow and export cannabis and industrial hemp. The process is underway and the government requested prerequisites are being addressed. GoIP’s team plans to revisit Kenya shortly to further pursue this initiative, and together with Attorney Robert Hoban, an expert Cannabis lawyer that works with governments worldwide to address legislation for Cannabis legalization, work towards that end.
Ike Sutton, CEO, stated, “After receiving the approval to move forward, and seeing how quickly the cannabis industry is evolving on the world stage, I’m excited and highly confident regarding our initiatives in Kenya. I’m looking forward to getting back to Kenya next month and working to finalize this project.”
In other news, GOIP is working diligently on a domestic opportunity which we hope to be able to share developments shortly. The company is sensitive to the excitement and speculation of our shareholders, but must work in a compliant and productive manner to deliver the best results, which the team is doing currently.
GOIP Global Receives Initial Approval for License to Grow Cannabis and Hemp in the Country of Kenya
New York, NY, March 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc (GOIG) announced today that the Company in seeking Cannabis licenses worldwide, has started the process in Kenya, where they have obtained the initial approval from the Ministry of Agriculture and is finalizing steps for licensing to export Cannabis. The current negotiations cover an initial lease of 500 acres for production, which can be expanded significantly. The lease term will be for 25 years. Kenya being on the equator provides the best conditions for year round production coupled with being a major agricultural export country, will allow Kenyan Cannabis production to fill the need for Medical and recreational Cannabis demand for the European Union and Canada.
The company expects to finalize the agreements in short order and contract to begin the process of growing, cultivating and exporting.
In other news, the company will not be changing its name to GoCanna as previously stated, the name met resistance from existing trademarks and the company has decided to pursue an alternative. The final decision on a name change will be made this month and all corporate material updated.
Mr. Ike Sutton stated, “After visiting Kenya and meeting with officials in country, I’m very excited about the prospects this agreement brings to our company. This is the first of several critical transactions that will transform GOIP into a relevant member of the burgeoning cannabis industry.”
About GoIP Global
GoIP Global is engaged in acquiring Hemp and Cannabis cultivation & export licenses, offering top tier management and developing partnerships for supply chain sales, and worldwide logistics pipelines. For more information, see www.gocannaglobal.com.
GoCannaGlobal -GOIG- Expands Advisory Board
New York, NY, Jan. 25, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc (GOIG) announced today that as the company pursues specific opportunities in the Cannabis, Hemp and CBD space, it has expanded its advisory board of leading industry experts. GoCannaGlobal is pleased to announce the addition of Mr. Moshe Gluzman and Mr. Miller Mays. Both have extensive international business experience, and will be advising GoCanna on business opportunities currently being worked on in Israel, Poland, Latvia, and Slovakia.
Mr. Ike Sutton, CEO of GoCannaGlobal, stated, “With the rapid growth and acceptance of Cannabis globally it is imperative to have our team in place to identify and execute on the extensive commercial opportunities of this burgeoning industry. GoCanna is taking the lead to establish its presence in various countries around the world and we are organizing our Advisory Board with individuals that understand these specific markets.”
ABOUT MOSHE GLUZMAN
Mr. Gluzman is a New York-based business consultant specializing in international business development, education and philanthropy. Coming from a family of educators, he started his career by earning a Master’s Degree in engineering from Tomsk Polytechnic University, affiliated with Moscow Institute of Aircraft Engineering in Russia, specializing in aeronautics, electromechanical engineering and telecommunications. Moshe was a professor of automation and expert systems at Riga Polytechnic University in Latvia while working as an aircraft systems designer at Tupolev Aviation. Moshe then immigrated to Israel to join the Israel Aircraft Industries and attended his doctoral studies in applied linguistics at Hebrew University in Jerusalem as well as holding a research position in engineering terminology at the Academy of Hebrew Language. Moshe’s career then moved to representing a non-governmental organization (NGO) in Italy, Austria, the USA and Canada while enhancing his education with doctorate studies in international finance at the City University of New York. In New York, Moshe worked in business development with The Davidson Group and National Patent Development. He has consulted major corporations on international business development such as Internet Edge International, New York City, (Co-Founder Ethnic Marketing and International Business Development Associate,) CSI, Inc. and Active International, New York (Media Barter and International Corporate Barter programs development). Moshe was a Joint Venture Partner who co-founded StarTrade Fund, a social-responsible mutual fund, investing in corporations that are publicly traded in the US financial markets. He established expertise in the following areas: strategic corporate partnership programs development, based on dedicated public stock investment structures; Strategic Partners identification, Joint Venture structuring and Investment Programs implementation. His extensive philanthropy involvement is as the Chairman of the Peter Sheehan Diabetes Care Foundation, and his continuing cutting-edge educational and theatrical involvement is through his co-founding of Abeema.org and its Theatrical Elements exclusive teaching pedagogy, real estate, business development and international growth.
ABOUT MILLER MAYS
Miller has over 40 plus years of experience with strong International Business Background in creating, capitalizing and Managing Business Platforms in numerous and varied Industries, including public presentations. A consultant for European Bank of Reconstruction and Development External Nominee Director. CEO of Mays Consulting LLC President, which owns an International Licensee for TIB BAROI SHUMO LLC, Dushanbe Tajikistan. Member to the Boards of XUN ENERGY Inc., Jones Production & Management LLC, J.V. Crowley Maritime Corporation Jacksonville Florida USA, QueueMed International N.V, BI-SOLUTION, Pangea Mining & Minerals Inc.; Healthcare Education Strategies Inc and Telco Communications. Senior Adviser to European Bank of Reconstruction and Development in Kazakhstan, Tajikistan.
GoCannaGlobal - GOIG- to Form Hemp/Cannabis Advisory Board; Robert Hoban Esq., Leading Cannabis Industry Expert, to Head Board
New York, NY, Jan. 17, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc. (GOIG) announced today that as the company pursues specific opportunities in the Cannabis, Hemp and CBD space, it has begun to assemble a board of leading industry experts to advise and expedite these initiatives. Mr. Robert Hoban Esq., a leading industry expert, will be heading the Advisory Board.
Mr. Ike Sutton, CEO of GoCannaGlobal, stated, “Having gotten to know Robert, and being appreciative of his expertise and experience in the world of Cannabis and Hemp, I’m extremely excited to have him lead our advisory team, as well help us on our international licensing initiatives. I will be announcing several additional board members shortly.”
As previously, announced, the Company is changing its name to GoCannaGlobal Corporation and is creating a new web site www.gocannaglobal.com. Regarding the audits, the process is underway and will be completed as soon as possible.
About Robert Hoban
Robert Hoban is the President and CEO of Hoban Law Group. Since 2009, HLG has been the nation's premier full service 'cannabusiness' law firm, with offices in 13 states in the U.S. HLG also operates HLG Global, which is a global cannabis consulting and legal firm, with a presence in 10 international locations. Mr. Hoban has been honored with a variety of professional accolades, and is recognized nationally as an AV® Preeminent™ (Martindale.com) rated attorney and seasoned full-service commercial practitioner. Beginning in 2008, Bob successfully assisted in opening several of Denver's first marijuana dispensaries. In 2010, he won the landmark Cannamart case, which led the Colorado's groundbreaking commercial cannabis regulatory system in 2011. He is largely responsible for the creation and growth of the CBD industry due to the legal strategies, litigation matters, and policy efforts that he has developed for HLG clients. Mr. Hoban is known as a cannabis industry dealmaker. Because of its focus on business matters, HLG has represented the cannabis industry's titans for nearly a decade and it sits at the center of the world's largest cannabis industry network. Mr. Hoban is a leading cannabis industry expert, who has transcended the practice of law and is regularly involved in U.S.-based and international cannabis industry M&A transactions. Bob also worked as a cannabis policy professor at the University of Denver, where he taught cannabis policy courses in Colorado and across the globe, and has crafted regulations/laws for dozens of countries across the U.S., Asia, the E.U., and Latin America.
GoIP Global Name Change to GoCanna Global Corporate Updates
New York, NY, Jan. 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc. (OTC Pink: GOIG) announced today, that after much due diligence regarding the previously announced CubeIT merger, GoIP’s management has determined that the merger is premature at this time. Cubeit Corp is still in the final stages of construction and testing, and management feels its best at this point to wait until the final product build and then revisit any potential merger.
The company additionally announced that, after immersing itself in the Cannabis industry over the last few months, it has identified multiple opportunities of far greater significance for our shareholders. The company has filed with Delaware for a name change to GoCanna Global; our new website is under construction at www.GoCannaGlobal.com. In addition to agreeing to resell the Cubeit Grow Pods when ready, GoCanna has entered into a dealer agreement with CannaPods, www.Cannapods.com which holds 3 patents for their unique grow pods. This agreement is expected to yield immediate revenue.
Further, the company is in negotiations with several international entities for the purpose of securing exclusive cultivation and distribution rights for Cannabis in these legal markets. The negotiations are mature and we expect to be able to finalize terms shortly.
Ike Sutton, GoIP’s CEO, stated, “Over the last several months our relationships within the industry have grown significantly and opportunities have presented themselves on several fronts; certainly the market for controlled grow containers, with year-round growing environments for the Cannabis industry is in its infancy, making it very lucrative that we shall pursue. However, during my recent travels to Europe and Africa I have identified several incredible opportunities for GOIP and our shareholders in the cannabis space on a larger scale. I’m working diligently on these opportunities and hope to be able to have agreements very soon. These opportunities will be far less dilutive to our shareholders with far greater upside, in addition to our existing sales efforts within the Grow Pod segment. I’m very excited for the future of our company, and will look to make GoCanna a very relevant company in the industry.”
GoIP Global will have a shareholder Conference Call on January 31, 2019, 8:30AM Eastern Time, Dial In 1-917-962-0650 (1-647-478-7145 Canada).
Conference Code 676-918.