Business
XYZ Hemp, Inc. (GRPS) Gold River Productions, Inc. and RushNet, Inc. (RSHN) Announce Most Recent Acquisitions, Alliances, Products, Grants and Name Change
XYZ Hemp, Inc. (GRPS) Gold River Productions, Inc. and RushNet, Inc. (RSHN) Announce Most Recent Acquisitions, Alliances, Products, Grants and Name Change.
About this update from Rushnet, Inc.
[{"type":"text","content":"\nPalm Coast, FL, June 27, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold River Productions Inc. (OTC Pink: GRPS) and RushNet, Inc. (OTC Pink: RSHN) jointly announce their venture with LeGanjaFairy, LLC, a Washington State limited liability company, and Marakata Inc., a California corporation, and the acquisition of each resulting income stream.\n LeGanjaFairy, LLC, a licensed Washington State marijuana Producer / Processor established by Shane Archibald in 2015, seeks to expand existing operations with funding from Gold River. LeGanjaFairy is located in Spokane Valley, WA 99212, BLS Account ID: 603348456-001-0001, with licenses as both a Tier 3 Marijuana Producer and a Marijuana Processor. In business for more than four years, 2019 year-to-date revenue of over $215k, total revenue of nearly $1.5 million and an expanding customer base, it offers more than 70 unique strains of Cannabis ranging from strains used for pain relief, high CBD-content, to heirloom strains that have been cultivated since the 1970’s. Customers currently receive their product in the form of flower, extract and in a pre-rolled format. Shane brings over 20 years of traditional business and project management experience in the IT, Transportation, Aerospace and Construction industries as a consultant, trainer, author and speaker to the developing cannabis industry.  “In this industry, you have to be either really cheap or really good. We are shooting for the latter,” says Shane. Planned expansion includes, among other things, increasing the number of cultivation lights to over 1,600. “I’m excited to work with Gold River Productions and RushNet as we advance through this remarkable era of continuing deregulation, growing market acceptance and a growing awareness of the medicinal value of Cannabis, as confirmed by the medical team of Gold River productions and RushNet. Our significant experience and their vast network of complementary products and companies will be instrumental in our ability to accelerate expansion, streamline operations and to our joint capabilities to offer new and improved products, bringing top-shelf enjoyment to our customers across the state and eventually the country.”  Chief Medical Officer Richard Goulding is quoted as saying, “We are anxious to further test many of the very promis...