TEMECULA, Calif., May 29, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- International Endeavors Corp (OTC:IDVV) is pleased to announce that it has made a strategic commitment for the opening of distribution centers in the Canadian Recreational and Medical marijuana market. In the agreement IDVV will open and supply distribution centers with its Off Grid Grow Lab (OGGL) Each distribution location will be equipped with fully built OGGL in both 30’ and 40’ versions ready for drive off. Our trained sales crew will open each location and train local staff for daily operations.
About the OGGL: The OGGL is the 1 st purpose built self-contained off grid growing laboratory. Built around low cost shipping containers the OGGL ships with integrated solar modules and lithium phosphate batteries coupled with generator backup for 24 hour power to the grow. The OGGL has been configured for the 3 stages of growing: Vegetative/ Flowering and Cloning.
Andrew Read has stated ““As Canada legalizes cannabis IDVV will be there to support new farmers and large cannabis factories with off grid operations through our distribution centers. We see huge upside potential for our Canadian distribution facilities and are excited to help industry experts and new cannabis enthusiasts setup off grid growing centers throughout Canada”
Nearly five million Canadians spent money on marijuana last year, spending an average of about $1,200 each, according to new federal data. That's one of the main takeaways of a Statistics Canada report released Thursday that attempts to quantify the size of the market leading up to legalization this summer. The almost $6-billion figure compares with the just over $22 billion that Canadians spent on alcohol last year, and the $16 billion they spent on tobacco products. In terms of production, however, the marijuana industry is now bigger than Canada's beer or tobacco industries. The country produced:
- About $3.4 billion worth of cannabis in 2014.
- About $2.9 billion in the brewing industry.
- $1 billion in tobacco products.
Source CBD.CA http://www.cbc.ca/news/business/marijuana-ind...1.45003152
OGGL Off Grid Grow Lab https://drive.google.com/file/d/1f7TnB45Iipbz...m82ms/view
About International Endeavors Corporation
International Endeavors Corporation is a company focused on building IP in the Medical Marijuana and Legal Cannibas Industry through the creation of Biomedical Devices, Clean Energy Solutions and Patents. (IEC) is also engaged in locating and acquiring established companies, brands and technologies. The Companies portfolio includes commercial and 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.
Contact:
Nate Engel
CEO
Phone: 951-296-1024
