Business
KGET Announces its Anticipated Entrance into the California Medical Marijuana Industry
KGET Announces its Anticipated Entrance into the California Medical Marijuana Industry.
About this update from Kleangas Energy Technologies Inc
[{"type":"text","content":"Kleangas Energy Technologies, Inc. (OTCPink:KGET), anticipates entering into the Medical Marijuana Industry. Recent votes in California and across the U.S.A. have opened opportunities in the marijuana industry in several states. KGET is actively seeking acquisitions, joint ventures, and/or mergers in the growing California cannabis industry. KGET expects to operate its marijuana businesses through corporate subsidiaries that are State licensed and locally permitted. The Company mission is to acquire a fully operational non-profit licensed subsidiary that is a well established grower of marijuana.\n\nUpon completing a transaction with a California non-profit company, the goal is to expand the business and prepare for the newly voted laws to go into effect in 2017 and proceed with business under those new laws and regulations.\n\nAreas of interest for KGET include; cultivation of medical marijuana, products and services that are related to the legalized marijuana industry. For now, KGET will only operate and sell products within the State of California.\n\nFederal and State laws are currently in contradiction; therefore, KGET will proceed with extreme caution to assure the Company operates within the strict guidelines of a fully licensed and permitted operation under California Laws and the local permitting.\n\nCurrently KGET is in negotiation with several potential acquisition candidates. \n\nKleangas Energy Technologies, Inc. is a developmental stage acquisition company. The Company foresees acquiring, merging, and joint venturing with legally permitted fully operational marijuana businesses. The Company currently is seeking acquisitions in cultivation. The second tier of development for the company is to expand into other sectors that support the legalized marijuana industry. The company will expand its operations as the laws for each individual State change and allow. Initially the Company will focus on medical grade marijuana within the State of California.\n\nSafe Harbor Statement: \nSafe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Kleangas or KGET or its management \"believes,\" \"expects,\" \"anticipates,\" \"foresees,\" \"forecasts,\" \"estimates\" or other words ...