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The Company signed an agreement to acquire 100% of the stock and assets of Green Cannabis Collective, Inc. (GCC) on March 25, 2013. The actual closing did not occur prior to March 31, 2013, therefore the consolidation has not been included in the Company’s March 31, 2013 financials. The Southern California-owned and licensed medical marijuana dispensary and transporting. The specific purpose of this corporation is to collectively facilitate medical marijuana cultivation and transactions by and between qualified patient members of this corporation and/or primary caregiver members who have the oral or written approval or recommendation of a licensed physician, as permitted and authorized by the Compassionate Use Act of 1996 (Health and Safety Code section 11362.5) and the Medical Marijuana Program Act (Health and Safety Code sections 11362.7 – 11362.83).
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