SPRING VALLEY, N.Y., March 20, 2019 (GLOBE NEWSWIRE) -- PRESS RELEASE -- Legends Business Group, Inc. has initiated a reverse merger with Global Cannabis Corp., a Canadian medical cannabis clinic and education center network with 320,000 patients to date. Global Cannabis Corp. owns three major cannabis product and cultivation facilities where it produces a diverse portfolio of commercially proven, high-margin derivative products including oils, capsules and sprays.
The Legends Business Group, Inc. merger will be executed as soon as it regains its pink current status with the OTC Markets. Earlier this week, the company updated the State of Nevada and is now active. Corporate has submitted all necessary forms with the OTC Markets.
The company is expected to generate over $1.2 million in revenues with the merger. The merger will bring shareholder value for all LGBS loyal shareholders.