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Sunday, April 18, 2021

Wisconsin CBD Grow; the Rise of Integrated Cannabis Solutions, Inc. (OTCMKTS: IGPK)

Integrated Cannabis Solutions, Inc. (OTCMKTS: IGPK) is making a powerful move up the charts in recent trading quickly attracting legions of new shareholders and emerging as a volume leader in small caps. On Friday alone IGPK traded 484 million shares or $25 million in dollar volume after the Company stated it is close to publishing its current audited fins. IGPK has been working hard behind the scenes taking proactive steps to increase shareholder value and is now virtually debt free with just $500k in total liabilities and no convertible debt. Integrated has entered into contract to purchase a 200-acre farm with 160 acres of tillable land on which to grow and process hemp, after its filed S1 Registration is effective. The Company is also negotiating to purchase a 9.5 acre facility build out in Lancaster, CA encompassing 200,000 square feet total facilities for grow and production operations.

Marijuana and CBD stocks are on the rise in recent months as New Jersey, Arizona, Montana and South Dakota legalize cannabis for recreational use. Also the house just passed sweeping legislation that would decriminalize marijuana and expunge nonviolent marijuana-related convictions although the bill is unlikely to pass. CBD is booming and is projected to reach $4.7 billion in US sales in 2020 up from $4.1 billion in 2019. According to a new reported from reserchandmarkets.com; The U.S. cannabidiol market is estimated to reach US$13.39 billion in 2024, growing at a CAGR of 42.36% for the period spanning 2020-2024.

Integrated Cannabis Solutions, Inc. (OTCMKTS: IGPK) is a publicly traded company under the ticker “IGPK” the Company is seizing on the momentum of the new Hemp bill in Wisconsin once known as “The Hemp Capital” of the United States. The Company has an opportunity to establish a strong foothold in the State of Wisconsin and become a significant player in the CBD market. Integrated’s CEO has experience in the CBD sector, having just successfully completed a test grow on 15 acres of land in Colorado. Integrated plans to piggyback off that experience and duplicate its success in Wisconsin. The Company has been negotiating to acquire controlling interest in an active Cannabis Dispensary in California and has plans to purchase a 9.5 acre facility build out in Lancaster, CA encompassing 200,000 square feet total facilities for grow and production operations.

A subsidiary Limited Liability company Integrated Farming Solutions, LLC was setup to hold all the farming operations of the Company. Integrated has entered into contract to purchase a 200-acre farm with 160 acres of tillable land on which to grow and process hemp, after its filed S1 Registration is effective. The cost of the farm is $1,595,000 and includes 4 vehicles and 4 bungalows that have been rented out over the years creating a destination getaway location. The farm has a long history dating back to early 1900’s of successful harvests of hemp and later tobacco the farm is still producing successful harvests of corn. Wisconsin’s soil is rich due to the fact the land only freezes about 4 feet deep which allows water to flow underneath, nourishing the soil. The Company plans to develop a Co-op with surrounding farms and teach them how to grow hemp. Then Integrated will purchase biomass from those farmers and give them a small percentage of the finished product after it has been processed. Integrated has been APPROVED for a Grow and Processing license in Wisconsin. For more on the Company’s operations go here: igpk.org/operations/

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Integrated Cannabis filed its S1 Registration on February 12, 2020 which can be found here. The S-1 is key to IGPK’s long-term success. With the S-1 in place IGPK can seek financial commitments to purchase the farm and purchase another 50% of the dispensary in Los Angeles. The S-1 tells institutional level investors the Company is committed to transparency. The Company has held discussions with investment firms who finance cannabis operations. These investment firms only invest in SEC reporting companies. Raising money in the OTC is hard enough. IGPK recognizes it needs to give prospective investors many reasons to invest, including moving from OTC Pink to a higher exchange.

While the Company has not been putting out much press management has been working hard behind the scenes taking proactive steps to increase shareholder value. The actions concerning payroll, stock options, and convertible debt have reduced reported outstanding debt on IGPK’s books significantly resulting in IGPK becoming virtually debt free with just $500k in total liabilities and no convertible debt. IGPK’s priorities now that they have filed the S-1 are closing the pending deals in California, getting up-listed to the OTCQB and start producing revenues.  On December 4 IGPK posted on twitter: “IGPK is close to publishing its current audited fins. To answer a few questions: The O/S will not be raised any further, the Pref shares are owned by our CEO and do not have to be converted, the fins will have audited 2019 and audit reviewed 9 months 2020, OTCQB is the target.”

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Currently making a powerful move up the charts IGPK is an exciting story developing in small caps; the has entered into contract to purchase a 200-acre farm with 160 acres of tillable land on which to grow and process hemp, after its filed S1 Registration is effective. The Company is also negotiating to purchase a 9.5-acre facility build out in Lancaster, CA encompassing 200,000 square feet total facilities for grow and production operations. The stock is getting noticed fast trading 484 million shares or $25 million in dollar volume on Friday alone after the Company stated it is close to publishing its current audited financial statements. IGPK has been working hard behind the scenes taking proactive steps to increase shareholder value and is now virtually debt free with just $500k in total liabilities and no convertible debt. IGPK is focused on closing the pending deals in California, getting up-listed to the OTCQB and starting to produce revenues. We will be updating on IGPK when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with IGPK.

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Disclosure: we hold no position in IGPK either long or short and we have not been compensated for this article.

Ali Raza
A journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

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