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Cartel Blue, Inc. Announces its Plan to Submit a Regulation A Filing
(TheNewswire) Laguna Niguel, California – TheNewswire - iCrowdNewswire. ...
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[{"type":"text","content":"Cartel Blue, Inc. Announces its Plan to Submit a Regulation A Filing\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Laguna Niguel, California –\n \n \n TheNewswire -\n \n \n iCrowdNewswire. –\n \n \n 22\n \n \n September, 2023\n–\n \n \n Cartel Blue, Inc.\n(OTC:CRTL)\n \n \n , a Nevada corporation, and\nmanufacturer of Hemp Cigars, and THC Products and branded accessories,\nreported it is preparing a Tier 1 offering under Regulation A, and\nwill commence the sale of 250,000,000 shares of its common stock under\nthe offering after the registration statement is declared effective by\nthe United States Securities and Exchange Commission (the “SEC”).\nCartel Blue’s Common Stock currently trades on the OTC Exchange OTC\nMarket’s Pinks under the symbol “CRTL”.\n \n \n \n \n \n \n \n \n \n The Company manufactures and distributes hemp\nconsumable products, including branded cigars and cigarillos, 0.3 THC\n(psychoactive compound delta-9-tetrahydrocannabinol) Edible Gummies,\nCBD oil products, vape pens and branded accessories (“products”)\nfrom its Fort Lauderdale facility.\n \n \n \n \n \n \n \n \n \n This Regulation A offering raises funds for Cartel’s\nbusiness expansion needs to meet the growth in demand for its branded\nproducts, and the Company’s secured new contracts with national\nconvenience store chains and liquor stores in Southern California\nduring the previous two quarters. Cartel also expanded its product\nofferings, and began distribution through its affiliate,\nDistributolgov.com, including supply of 0.3 THC (psychoactive compound\ndelta-9-tetrahydrocannabinol) products (\n \n \n \n https://finance.yahoo.com/news/cartel-blue-inc-reports-increased-082000005.html\n \n \n \n ).\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Cartel plans to expand distribution of certain retail\nproducts, now legal in all 50 States after an 85-year ban, made\npossible when the 2018 Farm Bill was signed into law on December 20,\n2018, which legalized industrial hemp not exceeding .03 THC dry weight\nfederally.\n \n \n \n \n \n \n \n \n \n Reg A – Intended Use of\nProceeds\n \n \n \n \n \n \n \n Cartel Blue, Inc.’s CEO, Philip Moreb,...