Integrated Cannabis Solutions Stock Price, News & Analysis

Jun Fenghuang Group, also known as JFH Digital E-Commerce Co., (OTC: IGPK), has reported significant growth and expansion. The company has relocated to a new facility in Huizhou City, Guangdong Province, China, to accommodate its growing user base, which has surpassed 100 million users. The Group is preparing to file its second-quarter report with OTC Markets, demonstrating its commitment to transparency.

Jun Fenghuang rewards customers with blockchain tokens for purchases, which can be redeemed for discounts, special offers, or even company stock shares. The company recently celebrated its 5th anniversary and announced its future ticker symbol JFHE. It has submitted paperwork to FINRA and aims to list on NASDAQ upon merging all its divisions.

Integrated Cannabis Solutions, Inc. (IGPK) has announced the acquisition of Global Consortium Group, LLC, operating as Houdini Labs, a leading cannabis manufacturing facility in Sacramento, CA. This Type 7 lab is one of only two in the area, which positions Houdini to leverage a growing demand in the cannabis sector.

Management anticipates increasing revenue to approximately $1,000,000 per month due to extended operational hours and a surge in cannabis distillate prices, which have jumped from $550 to over $1,200 per liter. Houdini Labs is currently processing requests for over 1,000 liters of distillate daily.

Houdini Labs specializes in producing high-quality THC oils and concentrates, aiming to collaborate with major brands in California.

Integrated Cannabis Solutions, Inc. (OTC PINK:IGPK) announced the completion of its first acquisition transaction through its subsidiary, Houdini, Inc., on April 3, 2023. This acquisition coincides with a significant increase in cannabis distillate prices in California, rising from $550 to over $1,250 per liter. Houdini has received requests for more than 1,000 liters. The second acquisition involving Phoenix Delivery and Genesis Distribution is expected to close in June or July 2023. The company aims to enhance revenue and shareholder value through these strategic acquisitions amid a recovering cannabis market.

Integrated Cannabis Solutions (OTCPINK: IGPK) announces significant leadership changes and growth plans for 2023. On December 27, 2022, Gene Caiazzo became the sole Officer and Chairman, succeeding Mathew Dwyer. The company aims to enhance revenues by 30% through new equipment and product launches, alongside a dedicated online retail store projected to yield 40%-50% margins. Additionally, a deal with suppliers enables access to 20,000 shirts on consignment. Updates on California acquisitions and a new website are anticipated.

Integrated Cannabis Solutions (OTCPINK: IGPK) appointed Oleg Taktarov, former UFC Champion and actor, to its Advisory Board and as a Brand Ambassador. Taktarov will leverage his experience in MMA and entertainment to promote Integrated Cannabis' therapeutic products aimed at chronic pain relief. CEO Matt Dwyer expressed enthusiasm for Taktarov's role in connecting with the UFC community and Hollywood. The company aims to launch a line of wellness products and sports apparel through Consolidated Apparel and will communicate key information via social media and its website.

Integrated Cannabis Solutions, Inc. (OTCPINK: IGPK) announced the formation of a new wholly owned subsidiary, Houdini Group, Inc., which has executed acquisition agreements for two California-based cannabis entities: Houdini Labs and The Tahoe Group. The combined monthly revenue is over $500,000, with the potential to grow to $1.5 million in gross monthly revenue. The Tahoe Group operates as a distributor, providing delivery services, and infused manufacturing, while Houdini Labs focuses on cannabis extraction and product development.