Wee-Cig International Corporation Initiating Steps to Move From Bench-Top to Commercial Production
Wee-Cig International Corporation (OTCMarkets: WCIG) announces plans to expand its cannabis-based food and beverage technology by seeking lease space in Jamaica. This endeavor aims to address industry inconsistency and meet market demands with a patent-pending technology developed by its subsidiary. The company is raising funds to acquire equipment necessary for commercial production. Wee-Cig emphasizes its commitment to producing reliable products and is exploring various location options. CEO Erin Winczura expresses confidence that their innovative solution will transform the cannabis food and beverage sector.
- Plans to expand technology into the cannabis-based food and beverage sector.
- Development of patent-pending technology to address industry inconsistency.
- Commitment to raise funds for necessary equipment acquisition for commercial production.
- None.
LAS VEGAS, NV, March 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Wee-Cig International Corporation (OTCMarkets: WCIG) (the “Company”, “Wee-Cig”) announces its plans to expand its innovative technology including a neutral liquid base made from cannabis that can be used in a range of food and beverage applications from bench-top to commercial production by actively seeking lease space in Jamaica. The company’s recently acquired subsidiary has developed this patent-pending technology to address the problem of inconsistency in the cannabis-based Food and Beverage Industry. This expansion will enable the company to answer the market demand for a solution.
To achieve this goal, Wee-Cig intends to raise funds to acquire the necessary equipment to bring its technology to the commercial production stage. The company is committed to providing reliable and consistent products to its customers and sees this expansion as a crucial step in achieving this goal.
The company is in the process of identifying the most suitable location to lease and is exploring all options to ensure that it can provide the best quality products to its customers. This expansion is an exciting development for Wee-Cig as it seeks to offer its innovative solution to the global market.
Wee-Cig recognizes that this expansion will require a significant investment of time and resources and the company is committed to making the necessary investments to ensure the success of its new venture.
We are excited about the potential of our technology and believe that it will revolutionize the cannabis-based Food and Beverage Market, said Wee-Cig CEO, Erin Winczura. Our expansion to commercial production is an important step in our journey, and we are committed to making it a success.
About Wee-Cig International Corporation
Wee-Cig International Corporation is a publicly traded holding and acquisition company (WCIG) with a particular talent in identifying top tech companies in emerging markets and helping them get to the next level. Constantly scouring the technology landscape to find the best investment opportunities, Wee-Cig targets companies that capitalize on unique opportunities by leveraging extensive, decades long industry relationships and management expertise. For more information, visit: https://weecigcorp.com/
For media inquiries contact:
Wee-Cig Media Relations
media@weecigcorp.com
Nothing in this press release constitutes an offer to buy, or a solicitation of an offer to sell, securities in the United States or any other jurisdiction in which such offer or solicitation would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Wee-Cig International Corp’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the cannabis market, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) cannabis licensing authorities and other governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward- looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. All information provided in this press release is as of the date of this press release, and Wee-Cig undertakes no duty to update such information, except as required under applicable law.
FAQ
What is Wee-Cig International's expansion plan announced on March 9, 2023?
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