Ross’ Gold Aims to Distribute MMJ in Canada through JVs
Ryan Allway
June 19th, 2014
News, Top News
[stockchart symbol=GHIL]
Green and Hill Industries Inc. [stockquote symbol=GHIL], dba Ross’ Gold, recently announced that it signed an agreement to distribute medical marijuana through a joint venture with a private company based in Toronto who will be buying directly from government approved growers under the new model. The JV currently has an application with Health Canada to be an approved licensed producer.
“With our partnership, we intend to become the Amazon of Medical Marijuana in Canada,” said Ross’ Gold CEO Ross Rebagliati. “Ross’ Gold has the only full vertical market business model in Canada with strong branding and market expertise. Our partnership take the product from seed/clone through to the end patient by leveraging the expertise of our grower partners, our team strengths, and the super-brand we have created called Ross’ Gold.”
Ross’ Gold plans to license its established brand through partnerships with government approved licensed producers in Canada for medical cannabis strains called Ross’ Platinum, Ross’ Gold, Ross’ Silver, and Ross’ Bronze with specific THC/CBD levels for specific ailments. The company has an established international brand backed by Olympic Gold Metal winner Ross Rebagliati.
Partners will grow the strains that Ross’ Gold has chosen from their existing inventories, and then Ross’ Gold will create demand through branding in conjunction with the JV partnership. For growers without seeds/clones, the JV supplies proprietary clones from a contracted nursery. The growers take the clones at 8 weeks and grow them over 16 weeks to produce finished products.
Green and Hill Industries Inc. fell more than 8% on Thursday after experiencing a significant rise over the past few weeks driven by a non-company-sanctioned investment newsletter.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.
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