Medican Enterprises Inc. (OTCQB: MDCN) FULL REPORT
The company has just announced a strategic sales marketing plan with Music Quest Entertainment.
After an extensive, year- long evaluation of different strategic opportunities to produce active sales, the changes that they are instituting will assure that Medican Enterprises will accelerate delivering high quality products and sales.
“As the company moves forward, we are profoundly grateful for our old and new advisers’ guidance and support that has been offered over the last several months,” said Ken Williams, CEO.
The investments in sales opportunities have positioned the company for our next level of growth and success which includes; Michigan Investment Property, Wine products, and the automated natural light cannabis grow facilities. As contracts are signed, construction will begin early October.
We have just entered into a Memo of Understanding with a leading media marketing group out of Chicago, Music Quest (www.musicqe.com) for the celebrity promotion and marketing of D420. Our branded Moscato Wine to be produced, labeled and distributed in collaboration with Newealth US, Inc. The first cases/bottles of wine will be shipped within the next 5 weeks. This venture will establish a market share within the trillion-dollar African American retail entertainment community. To further the potential of capturing this market segment Medican, Newealth and Music Quest are in the final stages of launching a live stream internet network for production and distribution of movies, artist videos (established and new), weekly series, live feeds from concerts, clubs, auctions, documentaries, news and more.
All of these investments have been secured mostly through extensive collaboration with Newealth and Music Quest so capital outlay has been minimal. Again, sales offer the best path towards success for Medican and we are currently on that path.
In July of this year Medican Enterprises, Inc. announced that it is in the process of relocating the corporate offices to Ypsilanti, Michigan, a city that Medican CEO, Kenneth Williams knows very well. According to Mr. Williams, “We believe there are opportunities here that offer Medican Enterprises excellent opportunities to offer our products and services in a state that has laws very favorable to the medical marijuana industry.”
For this move to Michigan, we plan to purchase a building in Ypsilanti that is already zoned appropriately for our business. We will update investors as we move forward on this. In the location we have chosen we plan to create a wellness center that will operate as a dispensary and will have a wellness center for professionals to consult with their patients. “We are very excited about closing on this project. We believe we will be closing shortly and the possibilities to extend our brand in Michigan are tremendous”, stated Mr. Williams.
After careful consideration the company has determined that it is in the company’s best interest to focus current expansion plans in Michigan. According to Mr. Williams, “We determined that we needed to concentrate in a market we know well where we will have the greatest chances for immediate success. Of course, we remain active in other areas as well. We are simply very enthused about Michigan, given my personal familiarity, the favorable regulatory climate, and the lack of high profile competition that exists in other states more widely known as being friendly to our industry.”
