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| BDCI Announce Blockbuster Acquisition News |
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 Hot Stock to Watch |
Company: Bahamas Development Corporation (Pink Sheets: BDCI)
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Last:
Price: 0.0871
Change (%): + 0.0032 (3.81)
Volume: 1,514,108 |
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Cannabis Consortium to Acquire a Cannabis Distillate for Cash and Stock
Approximately 1 million dollars in equipment assets
Current inventory sits at 1 million dollars
COCONUT CREEK, Fla., May 08, 2018 (GLOBE NEWSWIRE) - Via OTC PR Wire - Bahamas Development Corporation (OTCPINK:BDCI) subsidiary company Global Consortium, Inc. DBA Cannabis Consortium has reached an agreement to purchase an operating cannabis distillate and brand manufactured and marketed in California.
The cannabis distillate has been servicing the cannabis market for the past 2 years and has quickly become a household name. Their premium oil is in such high demand in the cannabis oil market it has been sought out by some of the largest names in the cannabis industry for private labeling.
The acquisition allows Cannabis’s Partners to begin servicing the cannabis distillate market immediately and manufacture a steady supply of premium oil to infuse its’ edibles with.
Cannabis Consortium will issue shares of its Common stock at $1.00 per share and cash for the transaction. The funds will be wired into Escrow this week with a Closing anticipated within the next 10 days.
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