Business
4CABLE TV INTERNATIONAL, INC. ANNOUNCES SETTLEMENT OF THE MARQUIS TRADING DEBT, OPENING OF THE FIRST OF ITS KIND HIP RESTAURANT AND THE UNDERGOING OF REPAIRS AT THE CIGN FARM
4CABLE TV INTERNATIONAL, INC. ANNOUNCES SETTLEMENT OF THE MARQUIS TRADING DEBT, OPENING OF THE FIRST OF ITS KIND HIP RESTAURANT AND THE UNDERGOING OF REPAIRS AT THE CIGN FARM.
About this update from 4cable Tv International, Inc.
[{"type":"text","content":"\n MIAMI, FL, Feb. 07, 2022 (GLOBE NEWSWIRE) -- 4Cable TV International, Inc. (OTC: CATV) (the \"Company\") CATV:  A group oriented to become a global leader in Cannabis based products markets. 4Cable TV International, Inc. is pleased to announce that all its outstanding convertible notes, and all amounts due thereunder with Marquis Trading, LLC have been settled and released. The company is pleased to announce that it is accomplishing its goals in becoming a vertically integrated Hemp Company as expressed early on when our CEO first got involved back in December of 2021. On or about the week of February 15, 2022, the first HIP Restaurant location in Wynwood, Florida will open its doors to the public.  Hip Wynwood will open at 2749 NW 3rd Ave, Miami, FL 33127.  We are working on the final touches and will do a soft open that week.  The website will launch on the same day @ www.hipwynwood.com. HIP is the first and only CBD healthy food restaurant in Wynwood. Our hope is that the customers get a large percentage of  plant-based whole food diet. Together with 10,000 steps a day and 30 minutes of moderate exercise, our customers can lead a healthier life.  The opening of our Hip Restaurant location couldn't come at a better time.  Early research in the United States suggests Cannabidiol from the cannabis plant has the potential to prevent and inhibit SARS-CoV-2 infection.  See https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7987002/ for more information on these studies.  Furthermore, the global CBD food and beverage market exhibited strong growth during 2015-202.  Looking forward, IMARC Group expects the market to grow at a CAGR of around 25% during 2021-2026. See https://www.imarcgroup.com/cbd-food-beverage-market.  HIP stands for Hemp Infused Products for the Healthy Inspired Person. On another note, the farm operated by CIGN, LLC, a subsidiary of the company is under renovation.  We are currently replacing the roofs, shade cloth and side panels to ensure we have a great crop the next coming season.  We had ordered the parts necessary to replace the old roof and we finally got delivery dates.  Therefore, we had our last harvest in the end of December and began removing the 15-year-old roof and shade cloth while we receive delivery of the materials.  So as not...