Welcome!

News Feed Item

Ross' Gold Outlines Business Model as It Enters Medical Marijuana Industry in Canada

TORONTO, ONTARIO -- (Marketwired) -- 05/14/14 -- Green and Hill Industries (PINKSHEETS: GHIL) dba Ross' Gold (the "Company") has signed an agreement to distribute medical marijuana through a joint-venture partnership (the "JV") with a private company based in Toronto who will be buying directly from government approved growers under the new model. The JV currently has an application with Health Canada to become an approved licensed producer/distributor and is building a distribution center in Ontario, complete with a vault and all of the security as required by regulations.

Through the partner JV, Ross' Gold has signed contracts and Letters of intent with growers that have applications proceeding with Health Canada for licensed producer status. These 'partner growers' are will be growing strains of medical marijuana which are being branded Ross' Platinum, Ross' Gold, Ross' Silver and Ross' Bronze based on the levels of tetrahydrocannabinol (THC, a psychoactive constituent of cannabis) and cannabidiol (CBD, another constituent believed to be more medical and less psychoactive).

Due to the sensitivity of the applications with Health Canada and the competitiveness of the industry, the company will not be releasing any names of our partner growers nor the partner JV until they receive their licenses from Health Canada.

Partner growers will be tasked to grow the strains that we have chosen from their existing inventories, and the Ross' Gold mandate is to create demand through branding in conjunction with our JV partnership. For growers without seeds/clones, the JV supplies proprietary clones from a contracted nursery. The growers take the clones at 8 weeks and grow them through harvest at about 16 weeks where the JV purchases the 'finished' product.

For partner growers with seeds/clones/plants now, the JV purchases the finished product directly.

In conjunction, we have contracted with botanists who are developing strains called Ross' Gold Sour White Widow and Ross' Gold BC God Bud.

As Ross' Gold is not a licensed producer, it is able to market itself and its brand through mainstream media and advertising channels providing it does not directly advertise medical marijuana. All licensed producers under Health Canada regulations may be listed on the official Health Canada website, and are extremely limited to doing any promotion or advertising as per section 2 of the Narcotic Control Regulations in Canada, Section 70 whereby "No person shall publish or cause to be published or furnish any advertisement to the general public respecting a narcotic". "Advertisement" means any representation by any means whatever for the purpose of promoting directly or indirectly the sale or disposal of a narcotic."

Ross' Gold has developed its proprietary branding and will be executing a marketing plan, thereby becoming a medical marijuana 'brand' without directly advertising a narcotic. Already, the term Ross' Gold has been used in the media to denote a brand of medical marijuana as well as marijuana in general.

Ross Rebagliati, CEO of Ross' Gold commented, "With our partnerships, we intend to become the Amazon of Medical Marijuana in Canada. Ross' Gold has the only full vertical market business model in Canada with strong branding and marketing expertise. Our partnerships take the product from seed/clone through to the end patient by leveraging the expertise of our grower partners, our team strengths and the super-brand we have created called Ross' Gold. We have instant brand-name recognition, talent and a broad base of marijuana users in Canada who have been following our story making us the number one brand in North America."

About Ross' Gold

Ross's Gold plans to license it established brand through partnerships with government approved licensed producers in Canada for medical cannabis strains called Ross' Platinum, Ross' Gold, Ross' Silver and Ross' Bronze with specific THC/CBD levels for specific ailments. The Company has an established international brand with the celebrity of Olympic Gold Medal winner Ross Rebagliati and also looking to license its brand to other cannabis related companies globally. Please visit www.rossgold.com for more information.

Safe Harbor Statement

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, projections of worldwide sales of Ross' Gold's products and global markets. 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 refer to the risk factors disclosure outlined at http://www.rebagliatigold.com/rebagliatigold/safe-harbor.html and other periodic reports filed from time-to-time.

Contacts:
Media Inquiries
Ross' Gold
647.478.3603
[email protected]
www.rossgold.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
By 2021, 500 million sensors are set to be deployed worldwide, nearly 40x as many as exist today. In order to scale fast and keep pace with industry growth, the team at Unacast turned to the public cloud to build the world's largest location data platform with optimal scalability, minimal DevOps, and maximum flexibility. Drawing from his experience with the Google Cloud Platform, VP of Engineering Andreas Heim will speak to the architecture of Unacast's platform and developer-focused processes.
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace.
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are repetitive and dull. Utilizing automation can improve your work life, automating away the drudgery and embracing the passion for technology that got you started in the first place. In this presentation, I'll talk about what automation is, and how to approach implementing it in the context of IT Operations. Ned will discuss keys to success in the long term and include practical real-world examples. Ge...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.