WINNETKA, CA / CRWEPRESSRELEASE / September 23, 2015 / Green Cures & Botanical Distribution Inc. (OTCMKTS:GRCU) (“Green Cures”), Green Cures announces today the establishment of new ownership. InStep Holdings LLC, a Delaware Corporation has completed the buy out of Green Cures, and has acquired the controlling shares as of September 18, 2015.
These changes are intended to drive revitalization and growth across core consumable products, and to reinforce an overall business strategy to reconstruct a solid foundation. This is a transformational buy out which enables InStep to provide more value to their stakeholders and more effectively compete in a rapidly evolving competitive atmosphere.
Presently, there are no plans for a reverse split or AS increase, nor does the company have any plans to take part in any dilutive financing. Additionally, InStep will be working towards restructuring the current share structure as opportunities emerge. InStep Holdings will enhance the consumable products market and the overall environment to deliver results shareholders deserve.
Currently, the new management team is being assembled, and will be announced within the week. InStep Holdings will add value by adding a food and beverage line; the beverage line will bring a celebrity influence. InStep Holdings new website will also go live within the week. It will highlight the company’s strategic vision for growth and expansion over the next few months. The goal with the website will be to provide another resource for their partners and shareholders to learn more about the company, associates and products.
InStep Holdings LLC is focused on improving shareholder value and confidence through actively seeking fresh and creative ways to strengthen the company through distribution channels, restaurants, brokers and a variety of top quality products. InStep’s goal is to broaden their appeal and provide commitment to sustainability through executing strategies to grow responsible revenue.
About Green Cures & Botanical Distribution Inc.
Green Cures & Botanical Distribution Inc. is a development stage company that retails and wholesales hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc. operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc. is continuously creating and introducing products that promote a healthy life style.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company’s Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as “may,” “should,” “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan” and other similar expressions. Our actual results, such as the Company’s ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
SOURCE: Green Cures & Botanical Distribution Inc.