GREEN CURES & BOTANICAL DISTRIBUTION ANNOUNCES COMPANY UPDATE
June 23 2016 - 8:00AM
InvestorsHub NewsWire
Dear Shareholders:
As previously announced on March 28, 2016, Green Cures &
Botanical Distribution Inc. entered into a consulting agreement
with Hemp Inc’s Industrial Hemp and Medical Marijuana Consulting
Company (IHMMCC) per a signed consulting agreement dated February
20, 2016.
In light of recent events surrounding Bruce Perlowin, Hemp Inc’s
CEO, Green Cures & Botanical Distribution Inc feels it’s in the
best interest of GRCU and its shareholders to rescind the contract
as well as the restricted shares that were issued to Hemp Inc..
GRCU would like to assure its shareholders and investors that it
was a consulting agreement only; Mr. Perlowin did not serve as a
member of the board in any way. GRCU is one of many companies who
sought out the experience and vast access to resources in the
industrial hemp and medical marijuana industries through Mr.
Perlowin and his consulting company, IHMMCC. GRCU will continue its
course in this sector without Mr. Bruce Perlowin and his consulting
services, however, is grateful for the introductions to
distribution opportunities and industry information.
About Green Cures & Botanical Distribution Inc: Green Cures
& Botanical Distribution Inc: “Green Cures” is a developmental
stage company that retails and wholesales consumable products.
Green Cures will operate a diverse portfolio of products and
services within the consumable products industry. From concept to
production and distribution, Green Cures & Botanical
Distribution Inc. is continuously creating and introducing products
that promote a healthy life style.
Safe Harbor and Forward-Looking Statements: This press release
contains forward-looking statements. These forward-looking
statements involve a number of risks and uncertainties, including
the timely development and market acceptance of products and
technologies, the ability to secure additional sources of finance,
the ability to reduce operating expenses, and other factors
described in the Company's filings with the OTC Markets Group. The
actual results that the Company achieves may differ materially from
any forward-looking statement due to such risks and uncertainties.
The Company undertakes no obligation to revise or update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release
info@instepholdingsllc.com
Green Cures and Botanica... (PK) (USOTC:GRCU)
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