Published On: Tue, Feb 28th, 2017

ML Capital Group Inc (OTCMKTS:MLCG) Gets Stake in Colorado Highlife Tours

ML Capital Group Inc (OTCMKTS:MLCG) posted buying a 25% stake in Colorado Highlife Tours, a cannabis tourism firm. The company reported a strategic plan in association with Puration Inc (OTCMKTS:PURA) to enter Colorado tourism market with a luxury cannabis tours offering. This acquisition is intended to boost ML Capital’s Colorado luxury cannabis tourism plan.

The buzz

ML Capital recently released an initial $1 million 2017 sales projection based on the firm’s fourth quarter remarkable sales and almost $400,000 in historical yearly revenue earned previous to its best fourth quarter sales. Assumed the current revenue and continuing business drive that Colorado Highlife Tours gets to MLCG, the management expects revising the FY2017 revenue prediction upwards after the completion of the first fiscal quarter.

Karen Suber lately came into North American Cannabis Holding’s prototype AmeriCanna Cafe sited in the Dallas metroplex requesting for cannabinol known popularly as “CBD.” Cannabinoid comes from the marijuana crop. It is a non-hallucinogenic CBD that has been displayed to have a number of medical benefits from curing arthritis to lessening cancer cells.

Karen had followed about North American’s work with Puration to release different cannabis infused consumer drinks and foods. She was seeking for something that might aid her son, Jaren Suber, diagnosed 6 years ago with Pineoblastoma, which is a rare pediatric brain cancer. The family received update in January, the Suber’s cancer was advancing.

North American bought a City Blends Smoothie Cafe approved outlet in the Dallas Metroplex in 2015 as the base of a plan to establish the AmeriCanna Cafe idea restaurant. The bought cafe is where Suber came to search CBD. Her timing can be unexpected.

Texas is necessary to release 3 medicinal cannabis licenses by September 2017 under the Compassionate Use Act approved into rule by Governor Gregg Abbot back in 2015.

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