Cannabis Global Group, a Talisman Holdings Entity, to Lease Colorado Land for
Future Cannabis Cultivation
GREEN VALLEY, AZ -- (Marketwired) -- 03/26/14 -- Cannabis Global
Group ("CGG"), a division of Talisman Holdings, Inc. (OTC: TMHO)
("Talisman" or the "Company") announced that it has agreed to lease
35 acres of Routt County, Colorado growing land that is currently in
use for agricultural purposes. The term of the lease is for 5 years,
with ten 5-year extensions. The land has an artesian well with 85
degree water, and has natural gas available.
Cannabis Global Group intends to develop a 100,000 square foot
state-of-the-art growing and processing facility on the property.
With this agreement, Cannabis Global Group has begun the rollout of
its core business strategy of entering the production and cultivation
of the legal marijuana business. Closing of this transaction has not
occurred and is subject to customary conditions including, but not
limited to, negotiation and execution of definitive documents.
CCG President, Dr. Warren Frayer, stated, "Colorado has already
experienced a significant increase in recreational marijuana sales
since January 1, and there is a shortage of product to meet demand.
There is a definite need for additional production, and we are
addressing this situation and we expect impressive results."
Additionally, the Company's board of directors is formalizing a plan
for recapitalization of the Company's share structure including
restricted stock retirement by certain insiders as well as a stock
dividend of one additional share for each share currently held. The
Company looks forward to providing regular updates on its progress.
About Talisman Holdings
Talisman Holdings, Inc. is a highly
innovative holding company built on the belief that the world's
greatest potential for financial growth lies in emerging companies.
Talisman Holdings searches for undervalued small and microcap
businesses with breakthrough products, services and technologies with
explosive growth potential and delivers the equity, financial
guidance, strategic counsel, consulting and business functions they
need in order to succeed in the public marketplace. Taking an
ownership or equity stake in standout emerging growth companies grows
the asset base and drives shareholder value for Talisman Holdings,
and the diversified holding company organizational structure and
range of industries provides diversity of risk. For more information
please visit Talisman's website at www.talismanholdings.com.
About Cannabis Global Group
Cannabis Global Group, a business unit
of Talisman Holdings, Inc. is focused on the explosive and emerging
legalized marijuana industry. Accordingly, it is designing an
infrastructure to capitalize on this emerging American business. The
company has targeted this market based on a belief that legalization
of marijuana in most states and at the federal level is inevitable.
In addition to its own activity, the company is uniquely qualified
and positioned to be of assistance to others by providing financing,
consulting, acquisition direction, strategic planning advice,
ancillary products, marketing communication campaigns and
agricultural enhancement. Industry dynamics make Cannabis Enterprises
Group a compelling opportunity.
This summary contains forward-looking
statements within the meaning of the "safe harbor" provision of the
Private Securities Litigation Reform Act of 1995. These statements
address future events and conditions concerning the Company's
business plans. Such statements are based on management's current
expectation and are subject to a number of factors and uncertainties,
such as future economic conditions and changes in anticipated
revenues and costs, which may cause actual results to differ
materially. Also, these forward-looking statements may involve a
number of risks and uncertainties, including (i) all of the risks and
certainties associated with a start-up or development stage business;
(ii) the Company's present lack of capital and its ability to obtain
capital as needed; (iii) intense competition for products and
services; (iv) the timely development and market acceptance of the
Company's products and technologies; and (v) the successful
integration of acquisitions and lines of business. The actual results
that the Company achieves may differ substantially from any
forward-looking statements due to such risks and uncertainties. The
Company expressively disclaims any future obligation or undertaking
to update or revise any forward-looking statements contained herein.
Investors and potential investors should independently investigate
and fully understand all risks before making investment decisions.
For more information contact us at:
Talisman Holdings, Inc.
505 Mission Twin Buttes Rd.
Green Valley, AZ 85622
Cannabis Global Group
505 Mission Twin Buttes Rd.
Green Valley, AZ 85622
Info at www.cannabisglobalgroup.com
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