Limitless Venture Group Inc., Acquires Majority Interest in Tulsa's First Medical Cannabis Care Facility
Press Release | 01/07/2019
Tulsa, OK, Jan. 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Limitless Ventures Group Inc. (OTC PINK: LVGI ) announced today it has signed an agreement and acquired the majority ownership stake in Tulsa, OK based Tulsa Higher Care Clinic Incorporated (THC²). CEO Joseph Francella states: "This is the ground floor opportunity we have been diligently searching for and LVGI will be forever transformed by this partnership. THC² gives LVGI immediate revenues and long-term unbelievable opportunities in the Cannabis Industry."
LVGI has created a wholly owned subsidiary, Summit Harbor Holding Inc (SHHI), specifically for this acquisition, but more importantly, for all future Cannabis related acquisitions. Mr. Francella also states: "There will be many more acquisitions in this industry creating a fully integrated, synergistic and fully vertical company beginning this calendar year, 2019."
THC² is a Medical Cannabis Care company operating in Tulsa, Oklahoma and will serve as the initial acquisition under SHHI. THC² was formed in June 2018, immediately after Medical Cannabis was approved in Oklahoma and it opened its first facility very shortly thereafter. THC² operates as the premier Medical Cannabis Care Facility in the state. The second facility is already under construction and is expected to be opened on or about February 1, 2019, with further statewide expansion plans in 2019. The mission of THC² is to evaluate, recommend and educate our patients on the benefits of Cannabis treatment, and set to the standard of Medical Cannabis Care in every community we provide our services.