*HUGEST NEWS EVER-Coconut Creek, FL -- October 14, 2019 -- InvestorsHub NewsWire -- Global Consortium, Inc., (OTCPINK: GCGX) is pleased to announce Phase One of the Cannabis Mall is open. The City completed and passed the final inspection on October 11, 2019, with all the inspections passed a Certificate of Occupancy ("CO") will be issued.
The issuance of the CO for Cannabis Manufacturing is the 3rd manufacturing CO to be issued in Sacramento and the first for manufacturing using Co2. There have been approximately 40 other companies in Sacramento that have failed to obtain a CO and went out of business during this time.
With the CO being issued this paves the way for the Manufacturing Suite to begin production of Indulge Oil & Vape Carts and edibles since the City has approved the Suite for the Manufacturing of Edibles.
The planning and production schedule for Phase Two has started already, the next Suite to come online will house Distribution, Delivery, and Seedlings. Combing all three operations within the next Suite will not only expedite the process, but significantly reduce the cost to bring these 3 operations online.
Global Consortium, Inc., is building America's First Cannabis Mall in Sacramento, CA which when completed will house Manufacturing, Distribution, Delivery, Retail, Testing, and Cultivation all under one 64,000 square foot building. The Mall will house the largest Manufacturing facility of THC and CBD Distillate and Edibles believed to be operational in the United States. Global Consortium has leased 25,000 Square feet of the building with a purchase option, the Company is working to secure a first right of refusal for the remaining 39,000 square feet.
Global Consortium, Inc., in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg. FD.
