Cannabis Global Group, With Partner Ad Agri, Developing Technology for Improved
GREEN VALLEY, AZ -- (Marketwired) -- 04/03/14 -- Cannabis Global
Group (CGG), a division of Talisman Holdings, Inc. (OTC: TMHO)
announced that, in conjunction with Ad Agri, it has begun development
of a protocol to address problems of inefficiency in commercial legal
The plan will address, among others, the problem areas of: inadequate
climate control, which is an issue most growers have never faced on a
commercial scale; a preventive program of pest and disease
management; strain selection; scheduling; fertilization; and,
effective creation and utilization of power for cost reduction. The
business model under development is to incorporate the technology
developed and know how to be licensed to users.
"The commercial production of legal marijuana brings real issues
which may only be confronted by application of special technical
knowledge. This is demonstrated in Colorado, for example, where the
cost of producing a pound of cannabis ranges from $385 to $1,450. Our
approach, once completed, will enable us to offer a consulting and
licensing platform to partners worldwide," said Charles Adams, a
Cannabis Global Group Director and head of the development program.
Additionally, the Company's board of directors has given the go-ahead
to the recapitalization of the Company's share structure including a
stock dividend of one additional share for each share currently held
by shareholders, and a restricted stock retirement plan by certain
insiders. These are exciting times for us and the company looks
forward to providing regular updates on its progress.
About Talisman Holdings:
Talisman Holdings, Inc. (OTC: TMHO) 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
About Cannabis Global Group
Cannabis Global Group, a wholly owned
subsidiary of Talisman Holdings, Inc. (OTC: TMHO) 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 all 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.
Visit us at www.cannabisglobalgroup.com.
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
Press spacebar to pause and continue. Press esc to stop.