LAS VEGAS, NV, Oct. 23, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – International Spirits and Beverage Group Inc. (OTCQB: ISBG) (“ISBG” or the “Company”), a top-tier brand incubator in the Global Wine & Spirits market, is proud to announce that the Cease Trade Order (“CTO”) in place from the Alberta Securities Commission in Canada has officially been revoked, meaning that trading in shares of ISBG has been reinstated in Canada, and Canadian investors will now have the opportunity to invest in the Company once again.
“The timing really couldn’t be any better for this judgment,” commented ISBG CEO, Terry Williams. “We have been making powerful strides on both product and technology, and just signed a huge deal to mobilize our CBD strategy. We believe we offer an incredible value proposition at this stage of the game, and we are happy to offer that opportunity to the tens of millions of investors living in the great nation of Canada.”
This announcement comes just days after Canadian lawmakers officially announced the full legalization of cannabis for recreational adult-use, casting a very bright spotlight on the cannabis-related products market in Canada. In addition, ISBG just signed a Production and Distribution deal with Canbiola, Inc. (OTCMKTS: CANB) (“Canbiola”), a U.S. Company specializing in the sale of premium CBD-based products.
Mr. Williams continued, “The CTO actually goes back to the initial merger that took this Company onto the public markets. It was a technical issue related to the citizenship of a former official not affiliated with our company. We have been working for quite some time to get the situation resolved, and it’s an enormous relief to now have this issue finally in the rearview mirror!”
The Company will be updating shareholders throughout North America again very soon as it begins to implement its Internet-of-Things supply chain technology within the context of initial production and distribution of its new premium CBD products line.
About ISBG: ISBG is a Nevada-based alcoholic beverage company specializing in the development, marketing and global sales of innovative wine and spirits specialized CBD brands. The Company's expertise lies in the strategic development and aggressive early growth of its brands and establishing these brands as viable and profitable. ISBG intends to build its own brands while seeking out individual acquisition candidates to continue to develop its pipeline of new brands into the ISBG portfolio. For more information visit: www.isbg.global
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