TEMECULA, CA / ACCESSWIRE / October 24, 2018 / International Endeavors Corporation (OTC PINK: IDVV) today announced it is making itself ready for Ontario.
Canada became the largest country with a legal national marijuana marketplace as sales began October 17th2018 in Newfoundland.
Canada has had legal medical marijuana since 2001 and Prime Minister Justin Trudeau's government has spent two years working towards the goal of expanding that to include recreational marijuana. The goal is to better reflect society's changing opinion about marijuana and bring black market operators into a regulated system.
The Newfoundland marijuana stores were among at least 111 legal pot shops that opened across the nation of 37 million people last week, with many more to come, according to an Associated Press survey of the provinces.
In the days following legalization Canada has started to develop supply shortages, as happened in some U.S. states when legalization arrived.
No stores opened in Ontario, which includes Toronto. The most populous province is working on its regulations and doesn't expect stores until next spring.
International Endeavors Corporation (IDVV) is one of several companies that are positioning itself to take advantage of legalization in Canada. Beginning with its OGGL Project, the company has begun implementing its plan to enter the Canadian marketplace.
Company Spokesman Barry Smith stated "Canada is an exciting place right now. We are in discussions with several Canadian operators to utilize the OGGL, as well as other packaging systems the Company has developed to meet the supply needs across the country. Our plan is to have the OGGL in place for when Ontario begins opening shops during the spring, in fact that is where we are in discussions right now."
About the OGGL: The OGGL is the first purpose-built, self-contained, off-grid growing laboratory. Built in a low-cost shipping container, the OGGL has integrated solar modules and lithium-phosphate batteries coupled with a generator backup to supply uninterrupted power to the grow room. The OGGL is configurable for the three stages of the growing process, which are: vegetative, flowering, and cloning.
About International Endeavors Corporation
International Endeavors Corporation focuses on building intellectual property and making equipment sales in the medical marijuana and legal cannabis industry through the creation of off-grid grow labs, biomedical devices, clean-energy solutions, and patented devices. The company is also engaged in locating and acquiring established companies, brands, and technologies. The company's real estate portfolio includes commercial property, agricultural land, and buildings.
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. International Endeavors Corporation (IDVV) is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.
Nate Engel, CEO
SOURCE: International Endeavors Corporation