Business
Correction - ISBG Announces Corporate Name Change as Company Emphasizes M&A, Partnerships
Correction - ISBG Announces Corporate Name Change as Company Emphasizes M&A, Partnerships.
About this update from Blockquarry Corp.
[{"type":"text","content":"\nLAS VEGAS, May 29, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – International Spirits and Beverage Group Inc. (OTCMKTS:ISBG) (“ISBG” or the “Company”), a top-tier brand incubator in the Global Wine & Spirits and CBD-Infused Products markets, is excited to announce that the Company has begun the process of officially changing its corporate name.\n “We want to take advantage of the significant opportunities we see in front of us,” commented ISBG CEO Terry Williams. “This name change is an important step as we continue to cultivate powerful partnership opportunities and develop our rapidly growing Health and Wellness division. We are no longer exclusively an adult beverage company, with significant operations in CBD and the broader wellness space. This is an advantageous time to make a very sensible change.” Management notes that the Company’s Health and Wellness segment has become one of its primary growth drivers, with significant revenue growth anticipated from a wide variety of new products and potential partnerships over the coming year. The Company plans to continue to develop this division and capitalize on robust growth in leading-edge cannabis, hemp, and CBD markets, such as Colorado, Washington, California, and others. The Company will revise its overall web presence – including its corporate site and primary social media outlets – to align with this shift in identity. Mr. Williams continued, “Every publicly traded company cultivates a narrative over time that either effectively or ineffectively represents the center of gravity of its operational focus and success potential. When the narrative under the surface changes in some significant way, it is incumbent on the Company to make changes to the edifice that reflect those changes. We are extremely confident in our direction right now. And this shift will better represent who we are as we push forward with our strategy.” About ISBG: International Spirits and Beverage Group (ISBG) is an authorized importer, licensor, and marketer of premium beverage brands, with sales of innovative products and brands worldwide. Based in Nevada, the Company's expertise lies in the strategic development and aggressive early growth of its brands and the establishment of these brands as viable and profitab...