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SPRING VALLEY, N.Y., March 20, 2019 (GLOBE NEWSWIRE) -- Legends Business Group, Inc. (OTC Markets: LGBS) initiates reverse merger with Global Cannabis Corp. a leading Canadian medical cannabis clinic and education center network with 320,000 patients to date. Global Cannabis Corp. owns three major cannabis product and cultivation facilities where it produces a diverse portfolio of commercially proven, high margin derivative products including oils, capsules and sprays.
Legends Business Group, Inc. merger will be executed as soon as we regain our pink current status with the OTC Markets. Earlier this week the company updated the State of Nevada and is now active. Corporate has submitted all necessary forms with the OTC Markets.
The company is expected to generate over $1.2 million in revenues with the merger. The merger will bring shareholder value for all LGBS loyal Shareholders.
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
LEGENDS BUSINESS GROUP, INC.