GREEN LEAF INNOVATIONS, INC. (OTCMKTS: GRLF)
AVENTURA, FL, USA, October 1, 2021 /EINPresswire.com/ – Green Leaf Innovations, Inc. (OTCPink: GRLF) today announced that with the increase in its share structure; it began its first phase of growth with the acquisition of Cubanacan Cigars SA and its wholly-owned subsidiary Tabacalera Serrano SA. This acquisition gives GRLF an instant market share in the tobacco industry.
The CEO of Robert Mederos said: âWe are committed to the growth of GRLF, my plan is to accelerate the growth of the company and we start today with the acquisition of Cubanacan Cigars and Tabacalera Serrano, the next phase to be announced soon will be the acquisition and organic expansion of GRLF. ”
ABOUT CUBANACAN CIGARES SA & TABACALERA SERRANO SA
http://www.cubanacancigars.com/ The company owns a 12,000 square foot pre-industry tobacco and cigar factory in Esteli, Nicaragua and deals with the pre-industry tobacco, sourcing, financing, processing, packaging, storage and shipping of bulk tobacco to manufacturers of consumer tobacco products. Our main activity is the manufacture of premium handmade cigars from our factory in Esteli, Nicaragua. The company strategically imports and distributes its âTabacalera Serrano, Cubanacan and Mederosâ brands in cigar rooms, smokehouses, C stores and vape shops across the United States. States.
ABOUT GREEN LEAF INNOVATIONS
https://greenleafinnovations.co/ Green Leaf Innovations Inc. is an innovative and opportunistic provider of services and products to the high growth legal cannabis industry. The Company targets niches where it can be the leader while focusing on generating substantial income, profits and returns for its shareholders.
This press release contains forward-looking statements within the meaning of federal securities laws. All statements other than statements of historical fact included in this presentation are forward-looking statements. These statements relate to analyzes and other information, which are based on forecasts of future results and estimates of amounts not yet determinable. These statements also relate to our future prospects, developments and business strategies. These forward-looking statements can be identified by the use of terms and expressions such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may “,” Could “, predict”, “project”, “target”, “will” and similar terms and expressions, including references to hypotheses. However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions and expectations reflected or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve these plans, intentions or expectations. All forward-looking statements are subject to risks and uncertainties which may cause actual results to differ materially from what we expected or could not achieve.
These risks include the substantial and increasing regulation and taxation of the global tobacco industry; various lawsuits, proceedings and claims arising from the global tobacco business and alleged health effects of tobacco that are pending or may be brought against Green Leaf Innovations, Inc. or its subsidiaries; substantial payment obligations and limitations on tobacco advertising and marketing, under various dispute settlement agreements; the continued decline in the volume of the national tobacco industry; competition from other tobacco manufacturers; the success of innovations and acquisitions of new products; the effect of market conditions on the performance of pension assets and the return on corporate liquidity; and ratings of Green Leaf Innovations securities. Because of these uncertainties and risks, readers are cautioned not to place undue reliance on these forward-looking statements.
The Company cannot assure you that it will be successful in addressing these risks, and our failure to do so could have a material adverse effect on our business, financial condition, results of operations and prospects. There can be no assurance that or when (if any) the Company will achieve profitability or liquidity. The forward-looking statements included in this press release are made only as of the date hereof. We assume no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, unless otherwise indicated.
GREEN LEAF INNOVATIONS, INC.
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