Jetblack Corp. (JTBK), a Nevada corporation, would like to update shareholders on the current progress of The Indica Company, an Oregon corporation and wholly-owned subsidiary of Jetblack Corp. The Indica Company has been in discussions with various entities in California, Michigan, Oregon, and Switzerland to reach licensing and branding agreements for quality cannabis products that could be marketed to the public in those regions.
We have had some great discussions in Oregon and California where we are reaching verbal agreements and hopefully soon written agreements to license out The Indica Company brand of products. The Indica Company plans to focus on 15 Indica strains. The company plans to construct an online presence for the following domains which will educate the public on the products available, why we are different, give valuable analytics and data, along with a chance to verify authenticity. The domains are as follows;
AppleIndica.com
ApricotIndica.com
BananaIndica.com
BlackberryIndica.com
BlueberryIndica.com
CherryIndica.com
CranberryIndica.com
GrapeIndica.com
MangoIndica.com
OrangeIndica.com
PeachIndica.com
PineappleIndica.com
PurpleIndica.com
RaspberryIndica.com
StrawberryIndica.com
All the strains will be viewable from the company site, TheIndicaCompany.com, once constructed. The company will continue to update as developments occur.
Disclaimer:
This 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 and management’s control which could, and likely will materially affect actual results, levels of activity, performance or achievements. Investors should be cautioned that nine out of ten start-ups and small businesses fail. If the company cannot achieve financing, then it may not be able to follow through with its business plan. This may lead to an investor losing part or their entire investment. Investors may have trouble locating a broker-dealer to trade their stock. 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 becomes available in the future. The loss of key employees would be detrimental to the company's success and may cause failure. Currently, the company is considered a penny stock, which means the spreads can be very far apart, sometimes illiquid, and investors may not be able to sell when they want or for the price they paid. In some circumstances, the investor may lose all their investment. This press release is not an offer to sell securities. Investors should also be cautioned that Covid-19 also presents serious challenges for business operations. Investors should note, Covid-19 could potentially lead an investor to lose their entire investment.