Followers | 24 |
Posts | 2488 |
Boards Moderated | 0 |
Alias Born | 01/31/2017 |
Friday, February 03, 2017 5:45:46 PM
Marina Del Rey, CA, Feb. 03, 2017 (GLOBE NEWSWIRE) -- Sunset Island Group, Inc. (OTCQB: SIGO) announced today that it has launched a medical cannabis division. The Company’s vision is to establish a fully integrated company that provides turnkey solutions to the medical cannabis industry. The Company's main focus is on providing a licensed facility that companies can manufacture and produce their products. Additionally, the Company will provide distribution for companies through an established network of dispensaries.
“With legal cannabis sales projected to jump from estimated $5.4 billion in 2015 to an estimated $11 billion by 2019, our industry needs scalable distribution platforms like those in comparable industries to efficiently meet wholesale, retail and consumer demands” said T.J. Magallanes. “In virtually every other industry this size, the leading independent distributors are themselves billion dollar businesses. We are looking to use our extensive experience in the medical cannabis industry to bring together a number of requirements, from a licensed manufacturing facility, sales, marketing and inventory management to warehousing, security and transportation with the intent to positions us as the industry’s leading distribution platform.”
Notice Regarding Forward-Looking 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. Actual results could differ from those projected in any forward-looking statements due to numerous factors. 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.
Contact:
Sunset Island Group
info@sunsetislandgroup.com
(424) 239-6230
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM