- The company’s annual license for manufacturing recreational and medicinal cannabis products was recently renewed by the State of California
- GCGX’s cannabis mall is under construction in Sacramento, with a goal of beginning production of Infused Edibles products there by the end of the second quarter
- The company’s ultimate goal is to be listed and traded on the Nasdaq
Diversified cannabis holding company Global Consortium Inc. (OTC: GCGX) remains committed to its goal of beginning the registration process to be listed and traded on the Nasdaq by mid- to late-June of this year, CEO Matthew Dwyer said during an investor conference call (http://nnw.fm/YCe7l). The company recently updated shareholders on Twitter, stating that a valuation is underway on an acquisition made last year to ensure that the financial reports meet the Generally Accepted Accounting Principles (“GAAP”) adopted by the U.S. Securities and Exchange Commission (http://nnw.fm/p7JBA).
“Our ultimate goal is to go to Nasdaq and trade on that exchange,” Dwyer reiterated following a shareholder question. Global Consortium’s efforts to uplist to the Nasdaq are being met with…
NOTE TO INVESTORS: The latest news and updates relating to GCGX are available in the company’s newsroom at http://nnw.fm/GCGX
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