MLCG Announces Platinum Highlife Tours As The First Luxury Tour Operator For The Global $6.7 Billon Cannabis Market
March 17 2017 - 10:07AM
InvestorsHub NewsWire
Miami, FL -- March 17,
2017 -- InvestorsHub NewsWire -- ML Capital Group, Inc. (USOTC:
MLCG) today announced the launch of Platinum High Life Tours, a
luxury tour operator serving the burgeoning $6.7 billion global
cannabis market. Today’s announcement comes just 10 days after the
Company announced a strategic acquisition to take a 25% interest
in Colorado Highlife Tours, with the option of
acquiring an additional 24% percent stake in the Colorado-based
cannabis tourism company. MLCG also recently announced that
the Company’s existing luxury tour operation and flagship brand,
Platinum Tours of Maui, realized a 25% increase in
first-quarter revenue over 2016, following on an equally impressive
29% increase from 2015 to 2016.
Platinum High Life Tours will serve the discerning cannabis
tourist, with custom itineraries around the world, 5-star
accommodations, fine-dining and more. The company will soon
announce its first bespoke tour in Jamaica, which will include
exclusive plantation tours and cannabis dining experiences in the
global home of cannabis culture.
MLCG is also developing and implementing custom technology products
and services for Platinum High Life with the goal of creating a
truly distinctive client experience.
MLCG $1 Million 2017 Sales Forecast
MLCG recently released a preliminary $1 million 2017 sales forecast
based on the Company's fourth quarter record sales and nearly
$452,000 in historical annual revenue earned prior to its record
fourth quarter sales. Given the existing revenue, the launch of
Platinum High Life Tours, and ongoing business momentum that
Colorado Highlife Tours brings to MLCG, the management anticipates
revising the 2017 revenue forecast upwards after the close of the
first fiscal quarter.
Currently the Cannabis industry is estimated to be over $6.7
Billion and sales are projected to exceed $20 billion by
2020
Safe Harbor: This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated actions.
ML Capital:
info@mlcginc.com
+1-786-313-3206
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