STOCK GOODIES PLAYS OF THE WEEK

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$IDVV to build a manufacturing facility to produce the Off Grid Grow Laboratory in Canada. The recent legalization of marijuana in Canada gives International Endeavors Corporation the opportunity to expand its global presence.

According to Marketing Director, William Vinson, “We have always seen the Canadian market as having enormous potential. The increased demand for OGGLs in Canada encouraged International Endeavors Corporation to rapidly advance its plans for a production facility in Canada. Now that marijuana is legal in Canada, the Canadian cannabis growers need to ramp up the available supply of high-quality marijuana that is grown under controlled conditions. We are evaluating sites in Vancouver that can accommodate the manufacturing of up to 100 OGGLs per month.”

The advantages include economies of scale that come from building multiple OGGLs in an assembly-line process and lower transportation costs when compared to shipping the OGGLs from California. These benefits make Vancouver the perfect place to have a production facility that services the Canadian market.

Andrew Read, who invented the OGGL says, “Vancouver makes an excellent location for a production facility to manufacture the OGGLs. Because it is an ocean port, there are plenty of available shipping containers that are in great shape and can be converted into an OGGL, which is the state-of-the-art marijuana grow room that is perfect for the Canadian weather conditions.”

https://finance.yahoo.com/news/international-endeavors-corp-idvv-plans-123000448.html