Tulsa, OK, Feb. 04, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Limitless Ventures Group Inc. (OTC PINK: LVGI) announced today that January revenues met internal estimates, keeping LVGI on target for calendar year 2019 with estimated revenues in excess of $6 Million Dollars. Mr. Francella, CEO, stated, "We knew we picked a winner in THC² with its management team of Matt Habuda and company, along with adding an additional outside executive Devon Diaz to our team." Mr. Francella further stated, "This fantastic team will propel LVGI where it has never been before, as January's revenues prove to be the highest revenues ever recorded on an annual basis, and that's only from the first month with only one office facility in operation!"
THC² has now opened its second office facility, in Bixby OK., on February 1, 2019, on time as previously stated. With two facilities fully operational revenues for February are expected to double. Furthermore, we have already secured our third office facility, in Owasso OK, are currently taking bids on build-out, and expect this location to open on or about March 1, 2019. LVGI is planning on opening a total of 8 medical clinics under the THC² Brand by the end of 2019. All three of these initial office facilities have ZERO debt and are fully financed from generated revenues.
“We are extremely excited to offer Oklahomans a place where people in need of alternative care in a safe environment can receive the education, recommendations and ongoing counseling from professional doctors and staff who believe in our mission and work tirelessly to ensure our patients get the best care offered in the state," states Matthew Habuda, COO of Summit Harbor Holdings, Inc. (SHHI) and founding partner of THC².
SHHI is currently in discussions with property managers and equipment vendors to begin construction of LVGI's first full spectrum comprehensive cannabis testing facility in the state of Oklahoma, with plans to begin full operations in June of this year, 2019. This phase of expansion will require additional outside capital and we are in discussions with several funding sources.
SHHI is positioning itself to grow exponentially in the next two years based on new cannabis laws being passed in Missouri, Arkansas and soon to be Texas. “It is our mission that SHHI will establish a comprehensive medical cannabis standard by building industry leading companies that will provide the highest level of education, research and quality alternative care for patients that have adopted medicinal cannabis as a means of treatment,” reiterated Devon Diaz, President of SHHI.
All of the company's websites are currently being updated and upgraded to reflect our new and exciting business expansions. They should be fully functional by the end of February.
Forward-Looking Statements: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.