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GRCU Green Cures and Botanical Distribution Inc (PK)

0.0001
0.00 (0.00%)
03 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Green Cures and Botanical Distribution Inc (PK) USOTC:GRCU OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.0001 0.0002 0.00 12:55:09

GREEN CURES & BOTANICAL DISTRIBUTION ANNOUNCES COMPANY UPDATE

23/06/2016 1:00pm

InvestorsHub NewsWire


Dear Shareholders:

As previously announced on March 28, 2016, Green Cures & Botanical Distribution Inc. entered into a consulting agreement with Hemp Inc’s Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) per a signed consulting agreement dated February 20, 2016.

In light of recent events surrounding Bruce Perlowin, Hemp Inc’s CEO, Green Cures & Botanical Distribution Inc feels it’s in the best interest of GRCU and its shareholders to rescind the contract as well as the restricted shares that were issued to Hemp Inc..

GRCU would like to assure its shareholders and investors that it was a consulting agreement only; Mr. Perlowin did not serve as a member of the board in any way. GRCU is one of many companies who sought out the experience and vast access to resources in the industrial hemp and medical marijuana industries through Mr. Perlowin and his consulting company, IHMMCC. GRCU will continue its course in this sector without Mr. Bruce Perlowin and his consulting services, however, is grateful for the introductions to distribution opportunities and industry information.
 
About Green Cures & Botanical Distribution Inc: Green Cures & Botanical Distribution Inc: “Green Cures” is a developmental stage company that retails and wholesales consumable products. Green Cures will operate a diverse portfolio of products and services within the consumable products industry. From concept to production and distribution, Green Cures & Botanical Distribution Inc. is continuously creating and introducing products that promote a healthy life style.
Safe Harbor and Forward-Looking Statements: This press release contains forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release
 
info@instepholdingsllc.com
 

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