Integrated Cannabis Solutions Releases Shareholder Update
The Company recently filed its 2022 Annual Report and its First Quarter Report, which both reported revenue for the Company's first time. The Company also saw a significant increase in Assets. Over the next 6 months, Consolidated Apparel will be enacting cost-cutting measures that should reduce its annual operating costs by as much as
The Second Quarter will be very exciting for IGPK. The Company will release combined revenue for both Consolidated Apparel and Houdini Group. The second Quarter is expected to see a significant increase in monthly revenue and a sizable increase in the Company's Assets. With all the consolidation in the cannabis market in
Our wholly owned-subsidiary Consolidated Apparel has been making strides into the West Coast market, most recently welcoming the prestigious Catalina Yacht Club as a client. Consolidated has seen steady growth in the yachting market this year that it can continue to build upon next year.
Consolidated has launched a new product, a hoodie which is the first sweatshirt the Company has offered. The first order was for over 500 pieces causing the Company to triple its initial order of blank hoodies. Gene Caiazzo, our CEO, stated, "We are very excited about the buzz we are getting about the hoodie. Normally a client's opening orders would be 72 or 144 pieces, not 500 or more. This tells us we have a winner"
About Consolidated Apparel.
Consolidated completes the customization of its products by employing 'Dye-Sublimation,' a technique of adornment allowing for millions of colors and unparalleled detail, on garments that are
About Houdini Labs.
Houdini Labs ("Houdini") is a
About - Integrated Cannabis Solutions, Inc.
Integrated Cannabis Solutions seeks operating companies it can acquire to increase its monthly revenue and asset base.
The Company, in compliance with SEC regulations, will use social media outlets like Facebook or Twitter and its own website at www.igpk.org to announce key information in compliance with Regulation FD.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the relative growth of the Company's future business, target markets, demand for products and services, and business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. There are no assurances whatsoever that Houdini will generate the estimated revenues stated above. There are material risks that may prevent Houdini from being successful in meeting the estimated revenue amount. No information in this press release should be construed in any manner whatsoever as an indication of our future revenues, financial condition, or stock price.
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SOURCE Integrated Cannabis Solutions, Inc.