New York, NY, Jan. 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc. (OTC Pink: GOIG) announced today, that after much due diligence regarding the previously announced CubeIT merger, GoIP’s management has determined that the merger is premature at this time. Cubeit Corp is still in the final stages of construction and testing, and management feels its best at this point to wait until the final product build and then revisit any potential merger.
The company additionally announced that, after immersing itself in the Cannabis industry over the last few months, it has identified multiple opportunities of far greater significance for our shareholders. The company has filed with Delaware for a name change to GoCanna Global; our new website is under construction at www.GoCannaGlobal.com. In addition to agreeing to resell the Cubeit Grow Pods when ready, GoCanna has entered into a dealer agreement with CannaPods, www.Cannapods.com which holds 3 patents for their unique grow pods. This agreement is expected to yield immediate revenue.
Further, the company is in negotiations with several international entities for the purpose of securing exclusive cultivation and distribution rights for Cannabis in these legal markets. The negotiations are mature and we expect to be able to finalize terms shortly.
Ike Sutton, GoIP’s CEO, stated, “Over the last several months our relationships within the industry have grown significantly and opportunities have presented themselves on several fronts; certainly the market for controlled grow containers, with year-round growing environments for the Cannabis industry is in its infancy, making it very lucrative that we shall pursue. However, during my recent travels to Europe and Africa I have identified several incredible opportunities for GOIP and our shareholders in the cannabis space on a larger scale. I’m working diligently on these opportunities and hope to be able to have agreements very soon. These opportunities will be far less dilutive to our shareholders with far greater upside, in addition to our existing sales efforts within the Grow Pod segment. I’m very excited for the future of our company, and will look to make GoCanna a very relevant company in the industry.”
GoIP Global will have a shareholder Conference Call on January 31, 2019, 8:30AM Eastern Time, Dial In 1-917-962-0650 (1-647-478-7145 Canada).
Conference Code 676-918.
About GoCanna Global Inc.
GoCanna Global Inc will engage in acquiring Hemp and Cannabis cultivation & export licenses, offering top tier management and developing partnerships for supply chain sales, and worldwide logistics pipelines. For more information see www.gocannaglobal.com.
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