Business
Jetblack Corp. has acquired majority control in an Oregon Licensed Cannabis Producer
Jetblack Corp. has acquired majority control in an Oregon Licensed Cannabis Producer.
About this update from Jetblack Corp.
[{"type":"text","content":"Jetblack Corp. “the company” (OTC: JTBK) today announced it has acquired a majority stake in an OLCC Oregon Licensed Cannabis Producer “This Budz For You Farms, LLC”. This Budz For You Farms, LLC is now a majority owned subsidiary of Jetblack Corp. with Jetblack Corp. owning a 75% stake. The company will continue to pursue cannabis interests through it’s subsidiary along with researching and possibly developing new technologies related to farming. Jetblack Corp. will continue with their software interests such as it’s social media site. In addition it will unpause it’s software projects named MjXchange and MjBids related to Cannabis. The company will provide more details about its new subsidiary This Budz For You Farms, LLC in the coming days. DisclaimerThis press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward- looking statements can be identified by words such as \"believe,\" \"expect,\" \"anticipate,\" \"plan,\" \"potential,\" \"continue\" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties include market risks associated with our business, the inability to raise enough capital to complete our business, economic conditions and increasing competition. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information beco...