TEMECULA, Calif., July 10, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- International Endeavors Corporation (OTC stock symbol:IDVV) plans a production facility to manufacture the Off Grid Grow Laboratory (OGGL). The recent legalization of marijuana in Canada gives International Endeavors Corporation the opportunity to expand its global presence.
According to Marketing Director, William Vinson, “We have always seen the Canadian market as having enormous potential. The increased demand for OGGLs in Canada encouraged International Endeavors Corporation to rapidly advance its plans for a production facility in Canada. Now that marijuana is legal in Canada, the Canadian cannabis growers need to ramp up the available supply of high-quality marijuana that is grown under controlled conditions. We are evaluating sites in Vancouver that can accommodate the manufacturing of up to 100 OGGLs per month.”
The advantages include economies of scale that come from building multiple OGGLs in an assembly-line process and lower transportation costs when compared to shipping the OGGLs from California. These benefits make Vancouver the perfect place to have a production facility that services the Canadian market.
Andrew Read, who invented the OGGL says, “Vancouver makes an excellent location for a production facility to manufacture the OGGLs. Because it is an ocean port, there are plenty of available shipping containers that are in great shape and can be converted into an OGGL, which is the state-of-the-art marijuana grow room that is perfect for the Canadian weather conditions.”
About the OGGL: The OGGL is the first purpose-built, self-contained, off-grid growing laboratory. Built in a low-cost shipping container, the OGGL has integrated solar modules and lithium-phosphate batteries coupled with a generator backup to supply uninterrupted power to the grow room. The OGGL has been configured for the three stages of the growing process, which are: vegetative, flowering, and cloning.
About International Endeavors Corporation (OTC stock symbol: IDVV)
International Endeavors Corporation focuses on building intellectual property and making equipment sales in the medical marijuana and legal cannabis industry through the creation of off-grid grow labs, biomedical devices, clean-energy solutions, and patented devices. The company is also engaged in locating and acquiring established companies, brands, and technologies. The company’s real estate portfolio includes commercial property, agricultural land, and buildings.
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. International Endeavors Corporation (IDVV) is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.
William Vinson, Marketing Director
Nate Engel, CEO
Source: International Endeavors Corporation