Cartel Blue, Inc. Cartel, Inc. Announces Anticipated Legalization of Cannabis and Hemp Crops in Mexico Increases Production of Quality Hemp for its Premium Cigars and Accessories
Cartel Blue, Inc. announced an expansion of its operations in Mexico following the Supreme Court's ruling on June 30, 2021, to decriminalize recreational Cannabis and Hemp. The company has secured trademarks and purchase orders for "Premium Mini Hemp Cigars" set for August 1, 2021. Cartel Blue aims to produce quality mini hemp cigars in collaboration with HINA Organic Hemp and will also open a chain of Cartel Cigar Lounges, starting in Nashville. This strategic move aligns with a global branding initiative.
- Expansion into Mexico and other countries enhances growth potential.
- Secured purchase orders for Premium Mini Hemp Cigars indicates strong market demand.
- First hemp apparel company listed on the Major Marijuana | Hemp Stock Index.
- None.
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LONG BEACH, Calif., July 01, 2021 (GLOBE NEWSWIRE) -- Cartel Blue, Inc. and Cartel, Inc., a Delaware Corporation founded in 1998, announced it will increase its business operations in Mexico for expansion of its product lines.
Cartel Inc. announced expanded product strategies after the Supreme Court of Mexico ruled for decriminalization and legalization of recreational Cannabis and Hemp in Mexico on June 30, 2021. Addressing its expansion strategy, the company previously obtained Trademarks in Mexico which were approved. All the company’s products and processes, including Cartel Accessories, hemp cultivation and approval of its line of hemp-hip-hop-clothing sold under the brand “Cartel Blue”, are a part of this implementation. Cartel Inc. and Cartel Blue, Inc. have secured purchase orders for pre-rolled “Premium Mini Hemp Cigars” for August 1, 2021, delivery under all Mexico Licensing guidelines.
Cartel Blue, Inc. is the first and only hemp Apparel company listed on the Major Marijuana | Hemp Stock Index.
As the move into Mexico and a planned move into other countries are anticipated, it was determined by Cartel Inc. management to earlier make a name change which aligns with a global branding strategy for its products.
This announcement coincides with an Agreement between Cartel Inc., and Maui Third Wave, Inc of Kihei, Maui, Hawaii to purchase HINA Organic Hemp grown in the rich volcanic soil of the island. This agreement marks a significant date in the history of Cartel Inc., as it will be producing quality Mini Hemp cigars packaged for immediate sales in Hawaii, the Mainland, and through the newly announced chain of Cartel Cigar Lounges in selected hotels and specified venues. Nashville, Tennessee will be home to the very first Cartel Cigar Lounge, which will be owned and operated in a Licensing Agreement between Cartel Inc., and Music City Botanicals, of Nashville. Further information is available through Investor Relations at Cartel Inc.
SAFE HARBOR DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Cartel International, Inc. to materially different from the statements made herein.
Contact:
Investor Relations
(310) 955-0099
Philip@cartelcigars.com
www.cartelscigars.com
Photos accompanying this announcement are available at
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https://www.globenewswire.com/NewsRoom/AttachmentNg/53c2377c-7f30-4f91-a630-14a6de02f98d
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FAQ
What is Cartel Blue, Inc.'s expansion strategy in Mexico?
What products will Cartel Blue, Inc. offer in Mexico?
When will the Premium Mini Hemp Cigars be available?
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