Agritek Holdings Inc. (AGTK)

[jedijazz]

$AGTK Experienced Cannabis CEO to Focus on Growth, Profitability, and Acquisition Opportunities

LOS ANGELES, CA, Sept. 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the company has filed its quarterly financials or 10Q, returning to fully reporting status and compliance as of yesterday, September 18th. The company can now complete its application to the higher exchange or OTCQB as previously stated.

Recently, the Company announced the appointment of Scott Benson as Chief Executive Officer of Agritek Holdings, Inc. Mr. Benson will be replacing Suneil Singh Mundie effective as of today, September 19th. Mr. Benson is a lifelong entrepreneur and operator, having built a number of successful businesses. Most recently, he is one of the founders and CEO of Apex Extractions based in Oakland, California, a leading provider of concentrates and oils used in a variety of products for the cannabis industry and ten time Cannabis Cup winner for unique and innovative products for the industry. With Mr. Benson’s appointment, the Company’s advisory board completed a $500,000 initial capital infusion for operations from its private banking arm while the Company completes the registration of a $5,000,000 equity line on behalf of the Company.