International
Endeavors Corp. (IDVV) Reports
Canadian Interest is Greater than
Expected
Temecula, CA --
July
19,
2018 -- InvestorsHub NewsWire -- International Endeavors
Corporation (OTC stock symbol:
IDVV) manufacturer
the
Off-Grid
Grow Laboratory (OGGL) for licensed
marijuana growers, reports on
the
market
conditions in
Canada.
Currently, Health
Canada says there are
113 licenses for
marijuana cultivation
operations in the entire country. 61 of the licenses are in the
province of Ontario, 24 are in the province of British
Columbia, and 28 more are
scattered across the other
provinces. International
Endeavors Corporation is consulting with
firms
that have a license
and
firms
that provide support
services to
many
of these
licensees,
in order to set up
the
distribution network
for the OGGL in Canada.
Over 500 new
marijuana cultivation license applications
are under review for approval
by
the Canadian
government. This number
continues to rise in anticipation
of the increased
demand
for legal marijuana and
cannabis products, when
sales of
these products for adult-use
(recreational
purposes) becomes
legal on
Oct. 17, 2018.
The new license
applications are mostly coming
from four provinces, which include Ontario
(167
applications),
British
Columbia (153 applications),
Alberta (58 applications)
and Quebec (50 applications).
These
provinces are where International Endeavors Corp. focuses its
efforts.
The Canadian
government expressed its intention to make
the license-approval
process as efficient as possible. Government officials
want to have enough legal
cultivation occurring
in
order to produce
sufficient quantities
of cannabis
products to meet
the
anticipated
demand
starting
in October. The annual market for
marijuana and related products enjoyed by the 36 million people in
Canada is estimated to have a value of over CA$6 billion+ per
year.
Marketing Director of
International Endeavors Corporation, William
Vinson, said
"The established
producers, who are already
licensed, are ramping up
production significantly. In some cases, they are doubling and
tripling their output. These large growers
benefit by deploying dozens
of OGGLs
simultaneously. On top of that,
every new licensee
that is approved becomes another
potential
customer
for the OGGL because using our
solar-powered off-grid
grow
lab is one of the fastest
ways to start cultivating."
Andrew Read,
inventor
of the OGGL
says,
"We designed the
OGGL to handle
the
harsh
weather conditions in
Canada. On the eastern side
of Canada, the winter can start as early as November and run until
March or April. The OGGL sustains
a controlled internal
temperature in spite of
any
external climate changes.
That is a
big plus for growers."
Marketing Director,
William Vinson, said, "We always thought the potential
of the
Canadian
market
for marijuana growers
was
very
strong. Now, the interest in
the OGGL has increased because there
is going be up to a
five-fold increase in licensed
growers
in Canada than before."
About the
OGGL: The OGGL is
the first
purpose-built,
self-contained, off-grid
growing laboratory. Built
in a low-cost shipping container, the OGGL
has
integrated
solar modules and lithium-phosphate batteries
coupled with
a
generator
backup to supply
uninterrupted power to the
grow room.
The OGGL is
configurable for
the three
stages of the growing
process, which are:
vegetative, flowering,
and cloning.
About
International Endeavors Corporation (OTC
stock symbol:
IDVV)
International
Endeavors Corporation focuses on building
intellectual property and
making
equipment
sales in the medical
marijuana and legal cannabis industry
through the creation of
off-grid
grow labs, biomedical devices,
clean-energy solutions,
and patented devices. The company
is also
engaged in locating and acquiring established
companies,
brands, and technologies. The
company's real estate
portfolio
includes commercial property,
agricultural
land, and
buildings.
Forward-Looking
Statements are included within the meaning of Section 27A of the
Securities Act of 1933, and Section 21E of the Securities Exchange
Act of 1934, as amended. All statements regarding our expected
future financial position, results of operations, cash flows,
financing plans, business strategy, products and services,
competitive positions, growth opportunities, plans and objectives
of management for future operations, including words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions are forward-looking statements and involve risks,
uncertainties and contingencies, many of which are beyond our
control, which may cause actual results, performance, or
achievements to differ materially from anticipated results,
performance, or achievements. International Endeavors
Corporation (IDVV) is under no
obligation to (and expressly disclaim any such obligation to)
update or alter our forward-looking statements, whether as a result
of new information, future events, or
otherwise.
Contact:
William
Vinson, Marketing Director
Phone:
1-702-473-4477
Email:willivision@gmail.com
Nate Engel,
CEO
Phone:
1-951-296-1024
Email:
nate@internationalendeavorscorp.com
Source:
International Endeavors Corporation
