BDCI Bahamas Development Corp

Cannabis Consortium Completes Another Milestone

Cannabis Consortium Completes Another Milestone

HARVEST UNDERWAY ON 15-ACRE HEMP FARM 

  • Colorado Department of Agriculture tests the plants twice
  • Harvest expected to be completed by Friday
  • Next planting in March will be 150 acres
  • Proven revenue stream for BDCI

COCONUT CREEK, Fla., Oct. 23, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Consortium, Inc. (OTCPINK: ) dba Cannabis Consortium, a wholly owned subsidiary of company Global Consortium, Inc., is pleased to announce its harvest has begun and is expected to be finished by the end of the week.

The Colorado Department of Agriculture tested the hemp plants twice during the grow cycle, clearing the way for harvesting. Over the weekend, the farmer and staff hand cut the first couple of rows to make room for the harvester. Pictures and videos of the harvest and the cut plants hanging in the drying barn are now available on our twitter feed @Cannabisconsort or OTCmarkets.

The farmer expects to complete the full harvest by the end of the week.

We are planning our next planting for March 2019 of 150 acres, followed by the full 600 acres later in the year. These two grows alone should yield $75 million in net revenue next year for Cannabis Consortium.

Once the plants have dried, the buds will be stripped, bagged and sold. Cannabis Consortium will keep some of the plants to process for its own needs and sell the remainder of the crop.

The Colorado farm has now proven to be a viable revenue stream for the company. The farm has the ability to produce plants that pass inspection and can be successfully harvested.

Bahamas Development Corporation, in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg 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 which 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, estimates of services and equipment markets, release of corporate apps, growth of platform, target markets, product releases, product demand and business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. 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. Investors should consult all of the information set forth herein and should also consider that any investment in securities is at risk.



Details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure on .

For additional information about this release please contact:



Investor Relations:

Matt Dwyer





954-906-0098

EN
23/10/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Bahamas Development Corp

 PRESS RELEASE

Global Consortium, Inc. has received approval from FINRA for change th...

Global Consortium, Inc. has received approval from FINRA for change the Name and Ticker effective tomorrow The new ticker will be GCGXThe Name will be changed to Global Consortium, Inc. COCONUT CREEK, Fla., Dec. 20, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Consortium, Inc., (OTCPINK: BDCI) is pleased to announce effective tomorrow morning the Name change and Ticker change will take effect. The process was longer than we thought, but in the end we were able to supply the necessary documents to effect the Name and Ticker change. Today the Name and Ticker change will show on the...

 PRESS RELEASE

Global Consortium - The State of California Issues Manufacturing Licen...

Global Consortium - The State of California Issues Manufacturing License for Adult and Medical Cannabis Products Indulge Oils to resume operationsGlobal Consortium Group, LLC to be acquired early next yearInfused Edibles will resume sales of THC Infused Edibles COCONUT CREEK, Fla., Dec. 10, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Consortium, Inc. () is pleased to announce the State of California has issued a temporary manufacturing license allowing operations in the facility to begin. The temporary manufacturing license for adult and medical cannabis products issued to Global...

 PRESS RELEASE

Global Consortium, Inc. Initiates Construction on CBD Processing Lab a...

Global Consortium, Inc. Initiates Construction on CBD Processing Lab and files Quarterly Report with Update A Consolidated 3rd Quarter Supplemental Report to be filed soonThe CPA firm retained is working on preparing the financials for an auditFINRA has issued a second round of comments COCONUT CREEK, Fla., Nov. 20, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Consortium, Inc., (OTCPINK: ) has filed its 3rd Quarter Report with OTCmarkets to remain current. The Report has information regarding the Merger, future plans of the Company, and professionals retained by the Company...

 PRESS RELEASE

Global Consortium, Inc. Announces Expansion by Building a CBD Processi...

Global Consortium, Inc. Announces Expansion by Building a CBD Processing Lab, increasing harvest revenues to $4,000,000 The lab will increase the revenue to $4,000,0000 from the harvest The lab will run all year round and process biomass for other farms COCONUT CREEK, Fla., Nov. 07, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Consortium, Inc., (OTCPINK:BDCI) is pleased to announce the Company is building a processing lab in its 10,000 sq. ft. barn in Colorado. A 2,000 sq. ft. section will be designated to convert the plants into CBD Isolate. Currently, the demand for CBD far out...

 PRESS RELEASE

Global Consortium, Inc., Retains Top Cannabis Attorney to Move Forward...

Global Consortium, Inc., Retains Top Cannabis Attorney to Move Forward with an Uplisting from OTC to Major Exchange BDCI Corporate Update: Building upgrades per the City to be completed this weekOnce the upgrades are inspected the final step is the Certificate of OccupancyThe Company received and responded to comments from FINRA COCONUT CREEK, Fla., Nov. 05, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Consortium, Inc., () last week received comments from FINRA regarding its requested Name change and new Ticker. The Company has responded in full and is awaiting final comments from...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch