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Las Vegas, March 08, 2019 (GLOBE NEWSWIRE) -- LAS VEGAS, March 8, 2019 -- Rimrock Gold Corp. (OTC Pink:RMRK) (the “Company”), is pleased to announce that its wholly-owned subsidiary, Acqua Cannabis Corp (“Acqua”), has signed a Collaboration Agreement with Sofos CBD, a subsidiary of One Step Vending Corp(OTC Pink: KOSK), for the supply and installation of five CBD vending machines in the State of Florida.
Under the terms of the Agreement, Sofos CBD will supply Acqua with five CBD vending machines for placement in the Miami area. Acqua will supply CBD products for the vending machines and service the machines on a regular basis. The term of the Agreement is one year with an automatic one year renewal. The profits generated from the installation of the vending machines will be split equally between both companies.
“The South Florida area is an explosive market for CBD products and shops. We believe this is a great opportunity to test the success of vending machines as a means of purchasing CBD products. Upon a successful test run, we will initiate a much broader expansion”, stated Dr. Hugo Romeu, Acqua Cannabis’ COO. “Our Company continues to move forward at a rapid rate, and we are excited for our future growth plans.”
Certain statements in this document that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate, “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Rimrock Gold Corp. to be materially different from those expressed or implied by such forward-looking statements. The Company’s future operating results are dependent upon many factors, including but not limited to: (i) the Company’s ability to obtain sufficient capital or a strategic business arrangement to fund its current operational or expansion plans; (ii) the Company’s ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; and (iii) competitive factors and developments beyond the Company’s control.
For more information, please contact:
Rimrock Gold Corp.
Jordan Starkman, President