ANN ARBOR–TransGlobal Assets Inc. (OTC Pink: TMSH) announced today its acquired a 9% ownership in three Michigan medical marijuana licenses pursuant to a Purchase and Sale Agreement between the Company and Darwin Harris, a CBD expert. The licenses will allow the Company to expand its footprint in the State of Michigan as it seeks to realize growth of its Monster Elixir subsidiary.
In addition, Darwin Harris has been hired as a director of the company where his appointment is a great asset. Darwin has over ten years of intense CBD experience especially in the manufacturing side. He is also both a strong activist and advocate for CBD and has presented at numerous conferences and attended countless Expos.
Darwin’s passion in the field stemmed from his diagnosis in 2003 of having severe Crohn’s diseases. The strong medications recommended by doctors left him feeling weak, tired and suffering from nausea. As a result, he started experimenting with CBD cocktails, which were perfected in 2005, where he completely stopped using prescription medication entirely.
More importantly, Darwin’s experience will be utilized by the Company as it forays into the field of psychedelic mushroom cultivation. His extensive experience in this field is invaluable to the Company’s future business endeavors.
Curtis Philpot, CEO of TransGlobal Assets Inc., states, “Darwin is highly educated with two degrees from the prestigious Tougaloo College. His experience will be drawn upon especially in our marijuana business as well as our entry into the psychedelic mushroom industry.”
Updates will be forthcoming.
Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and jut uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of TransGlobal Assets, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, TransGlobal Assets, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
(This information is primarily sourced from TransGlobalAssets. Highly Capitalized has neither approved nor disapproved the contents of this news release. Read our Disclaimer here).