Coconut Creek, FL — March 23, 2020 — InvestorsHub NewsWire — Global Consortium, Inc., (OTCPINK: GCGX) brand Indulge Oils is pleased to announce its Manufacturer has begun producing crude Oil which now activates its LOI for up to 25 liters of Oil per day at $7,000 per liter. Additionally, the Company is pleased to announce that the potency levels has exceed expectations with potency tests showing mid to high 80s, which is considered “supreme” and will command greater than the estimated $7,000 per liter.
Our Manufacture is able to operate in CA since they hold a license for both Medical and Recreational. With the lockdown in place for all of CA, Medical Cannabis has been deemed an essential business for the patients of CA who need their medicine. Therefore, our Manufacturer is deemed an essential business and able to fully operate during state wide lockdowns.
Indulge Oils will be listed as a financially interested party, under the Cannabis Manufacturing license and will receive 75% from all sales of liters of Oil under its brand name, furthermore Indulge will receive up 80% from the sale of all vape carts sold under its brand name.
CEO of Global Consortium (GCGX) had the following to say,
“When Indulge Oils was purchased two years ago, no one imagined it would take almost 2 years before production would begin. This finally puts the Company on track to begin booking revenue month over month. We had expected to book revenue for the first quarter, but the first sale is expected to take place in early April. The high grade crude produced from sourced crude should fetch a higher price due to its potency“
Any dispensaries or delivery businesses located in CA that are able to service the Medical Cannabis Market please visit www.IndulgeOils.com for more information.
Global Consortium, Inc., owns the brand Indulge Oils which will be manufactured and sold in California.
Global Consortium, Inc., in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg. FD.
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Details of the Company’s business, finances, appointments, and agreements can be found as part of the Company’s continuous public disclosure on otcmarkets.com.
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