Company Announces Resignation of Board of Directors and Introduces New Management Team
HENDERSON, NV / ACCESSWIRE / April 15, 2014 / G&S Minerals, Inc. (OTC: GSML) today announced that the Company has officially changed its name to Cannabis Holdings, Inc. in order to reflect its new business model and operations has relocated its headquarters to Colorado to take advantage of the state’s growing cannabis market.
Cannabis Holdings plans to enter the rapidly growing hemp market in the United States. The Company will introduce a new executive management team and Board of Directors to position itself for rapid growth in this new market and is in the process of updating its corporate website and information. The Company has also applied for a new stock ticker from the OTC Markets.
Cannabis Holdings also reports the resignation of Edward Hanjoul, Ron Jost and Donald Ross from its Board of Directors. Mr. Hanjoul has also resigned as Chief Executive Officer and William Smith has resigned as Corporate Secretary and Treasurer. The Company plans to announce its new management team and other developments in the near future.
Safe Harbor Statement
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Cannabis Holdings, Inc. to be materially different from the statements made herein.
Cannabis Holdings, Inc.
Source: Cannabis Holdings, Inc.