LOS ANGELES, CA -- (NewMediaWire - Oct 11, 2017) -- Green Cures
& Botanical Distribution, Inc. (OTC PINK: GRCU): After
California voters ushered in the Adult Use of Cannabis as of
January 1, 2018 and the estimated revenue for this new industry to
clear 5 to 6 Billion, GRCU is making immediate changes to
capitalize on that market. "I have decided to resign as CEO and
President of GRCU by the end of this year," states Joe Tragesser.
"I feel it is in the best interest of the company to bring in a new
President and Board of Directors that share the ability to develop
and launch celebrity cannabis products in California in order to
bring in new sales and revenue for investors," says Andrew
Pitsicalis.
GRCU will be announcing the new CEO of GRCU as well as a new
team of leaders from the Cannabis Industry, Wall Street Industry,
Real Estate and Cannabis Licensing Acquisition. Additionally, there
will be trademark and contract counsel added to GRCU.
"I am elated and pleased to bring in a team of trailblazers and
a new CEO with cannabis distribution and licensing background,"
states Andrew Pitsicalis. Purple Haze Properties will be working
with GRCU to add a lineup of great celebrities to develop cannabis
products in California to guarantee that GRCU will get its piece of
this new and exciting multibillion dollar market. "I look forward
to the announcement of the new board, CEO and the blueprint for the
cutting edge direction of GRCU. We will be developing and launching
new products and signing celebrities to GRCU to add value to the
company," Andrew Pitsicalis adds.
We will be utilizing celebrity intellectual property with a
unique crypto currency that will be linked to VIP experiences
created through events and product recognition.
Purple Haze Properties, LLC was founded through a partnership
between Andrew Pitsicalis and Leon Hendrix, blood brother to the
legendary guitar icon Jimi Hendrix. Purple Haze Properties, LLC is
the premier source for Jimi Hendrix cannabis related products as
well as a premiere celebrity licensing company for the Cannabis
Industry. We represent Cannabis Licensing for many celebrities
including Jimi Hendrix, Digital Underground, Janes Addiction, Money
B, Charlo Greene, The Emperor of Hemp, Jack Herer and others.
Purple Haze Properties participates in all aspects of the cannabis
industry including Licensing, Social Media, Medicinal, Music and
Entertainment areas. Check us out
at www.purplehazeproperties.com or www.facebook.com/purplehazeproperties.
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 to distribution,
Green Cures & Botanical Distribution, Inc. is continuously
creating and introducing products that promote a healthy life
style. For more information
visit: http://www.grcustock.com/.
Forward-Looking Statements Disclaimer:
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