GCGX has major news that just hit this morning
Published: Tue, 08/27/19
![]() Good morning all, I hope you read our profile on GCGX. It is sure to be an exciting trading day. The Company announced some major news this morning that you need to check out... Global Consortium, Inc., Reports Progress in Sacramento-
Multiple inspections passed COCONUT CREEK, Fla., Aug. 27, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Consortium, Inc., (GCGX) is pleased to report a tremendous amount of progress has been made in reading the workspace in Sacramento. Operations are ready to begin in early September. The City has been to the building several times over the past 10 weeks since the permit was issued. To date the following inspections have been passed: Plumbing The Co2 exhaust system is being installed this week. The following inspections will take place once the Co2 system has been installed: Building Code The work for all the inspections listed above has been completed except for the Co2 exhaust system which is being installed this week. The space should be ready by Friday August 30, 2019 for inspection. The final inspection will be requested for next week at which time the ("CO") Certificate of Occupancy will be issued after passing the final inspection. Following the issuance of the CO, Indulge Oils will begin manufacturing its THC products for sale. Plans will begin to move Infused Edibles into the building to produce THC infused products. Read in full at https://finance.yahoo.com/news/global-consortium-inc-reports-progress-112054311.htmlAll the best today. --------------------------------------------------------------------------------------------- Subscribers, We had some nice gains in CBDY last week from our alert at $0.08 before reaching $0.12 for a quick 50% gain. Now this week we've got something even better lined up that is lower in price, and has an even better chart. Get Global Consortium, Inc (GCGX) on your screen right now. GCGX has been consolidating for a few months now just above $0.01, and we think it could be time for a breakout. GCGX is no stranger to big moves. Back in June it gained over 100% in just a couple of days. Back in May it made a similar 100%+ move, and just last month it jumped from around $0.01 to just under $0.02 in one day! Check out the chart below, you can see for yourself... Global Consortium, Inc (GCGX) recently completed a merger acquiring multiple companies in the Cannabis space. The companies acquired are Infused Edibles, Indulge Oils and a Hemp farm in CO. Infused Edibles has 140 food items it infuses with US grown CBD Isolate. This is believed to be the largest amount of products produced by a single infused producer, winning over 17 first place awards.Infused Edibles operates out of a 6,000 square foot building, servicing 400 stores with 9 sales reps and 8 distributors in 15 states. Indulge Oils is a premium "pesticide free" product sought after brand as it is known for its purity and high quality. Their premium oil is in such high demand in the cannabis oil market it has been sought out by some of the largest names in the cannabis industry for private labeling. The CO Hemp is a 15 acre test, that will begin harvesting in the end of October to be sold in November. In addition, GCGX is building the first Cannabis Mall in the United States. The 64,000 square foot facility when completed will house Manufacturing, Distribution, Cultivation, and Delivery. The Mall will the largest Manufacturing facility of THC and CBD Distillates and Edibles believed to be operational in the United States. Global’s brands are comprised of Cannabis and CBD brands known in the Medical and Adults markets of California and beyond. The main objective of the Company is to acquire brands and distribution channels to feed with both THC and CBD products. You can learn more about GCGX at their website http://www.gcgx.org/Executing on the Cannabis Market Grab... Market capitalizations in the cannabis sector exploded after Tilray secured funding for grow operations in Canada. Canadian legalization was a big win in the sector. The DEA removed hemp with less than .1% THC off the Schedule 1 list. Attorney General Jeff Sessions resigned. Statistics show that 92% of Americans support the use of medical marijuana. The writing is on the wall for the eventual legalization of Marijuana in the USA. The entrenched players are positioned to control the narrative in the 3rd most populous country on earth. Global Consortium plans on being one of these entrenched players, and its vision is a Cannabis Mall that showcases various cannabis operations from seed to shelf. All the best. SmallCapMomo.com picks@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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