PR Newswire • October 14, 2019
LOS ANGELES, Oct. 14, 2019 /PRNewswire/ — Green Cures & Botanical Distribution, Inc. (GRCU) (“The Company or “Green Cures”) a manufacturer, wholesaler and distributor of hemp and CBD-infused nutritional, sports, body care and alcoholic spirits products, provides an update on current corporate initiatives and actions.
Green Cures reports it has been in contact with the Alcohol and Tobacco Tax and Trade Bureau (“TTB”) and confirmed it is been “assigned an analyst” and currently under review for the Hollywood Hemp Vodka’s Certificate of Label Approval (“COLA”) submission. Green Cures has provided all required regulatory documentation for its hemp vodka designs and expects final label feedback from the TTB any day.
Additionally, the company updates its plans to broaden its business model to access the bulk hemp and bulk CBD wholesale markets. The company is in discussions to acquire rights to several online portals which will drive new revenue opportunities for the company, as well as secure raw cannabis materials for alcohol and non-alcohol beverages it is launching.
Green Cures is also in the final development stages of a CBD product it plans to launch in tandem with Hollywood Hemp Vodka. This unique product is nearly complete and will provide means to infuse Hollywood Hemp Vodka cocktails with full-spectrum CBD.
Lastly, the company would like to update shareholders it is currently working with OTC Markets Compliance Department to provide updated financials and plans to become current with OTC Markets this month.
About Green Cures & Botanical Distribution, Inc. (OTC PINK: GRCU)
Green Cures & Botanical Distribution Inc., is revenue-generating company that wholesales and retails hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc., operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc., is continuously creating and introducing products that promote a healthy life style. For more information visit: https://greencurescorp.com/.
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
Contact:
Rich Thomas,
Phone: +1-844-420-4728
[email protected]