mCig partner, Cafe Serendipity news release: Ca
Post# of 2155
Cafe Serendipity Holdings, Inc. Announces Its Fourth Branded Store Licensed Agreement
HENDERSON, NV--(Marketwired - May 4, 2015) - Café Serendipity Holdings, Inc. (OTC PINK: CAFS) (the "Company" , a brand builder focused on the build-out of a national brand in the recreational adult use, and medical marijuana dispensary industry, announces today that it has signed its fourth agreement for the branding of a medical marijuana dispensary in Lake Elsinore, California.
The store will use our brand and market our proprietary products under the terms of the licensing agreement. The store is projected to produce revenues in excess of $1,000 per square foot. Café Serendipity is scheduled to begin to receive its monthly license fees beginning July 1, 2015. The store will benefit from our brand name, systems, technology, products and growing network of vendors and growers.
"Café Serendipity continues to focus on rebranding existing stores with our branding formula that is proven to have an immediate impact and resonates with its new and existing customers. The Company is excited to announce the launching of its Licensing Business Seminars by county in California beginning with the historic Crest Theatre located in downtown Sacramento, CA. on May 14th at 6pm. The seminars are designed to sell a limited number of licenses for Café Serendipity stores in the greater Sacramento market, are industry specific, informative, and educational. The Company plans to host additional meetings throughout California and several additional states. We will formally announce our schedule, complete with dates, time and locations later this month," said Bob McNulty, Chairman of Café Serendipity.
http://marijuanaindex.com/industry-news-item/...-Agreement