LONG BEACH, California, July 01, 2021 (GLOBE NEWSWIRE) — Cartel Blue, Inc., Y Cartel, Inc., a Delaware Corporation founded in 1998, announced that it will increase its business operations in Mexico to expand its product lines.
Cartel Inc. announced expanded product strategies following the Mexican Supreme Court ruling to decriminalize and legalize recreational cannabis and hemp in Mexico on June 30, 2021. Addressing this expansion strategy, the company previously obtained trademarks in Mexico, which were approved. All of the company’s products and processes, including Cartel’s accessories, growing hemp and the approval of its hip-hop hemp clothing line for sale under the “Cartel Blue” brand are part of this implementation. Cartel Inc. and Cartel Blue, Inc., have secured purchase orders for “premium mini hemp cigars” pre-rolled for delivery on the 1st. August 2021 under all Mexican licensing regulations.
Cartel Blue, Inc. is the First and Only Hemp Clothing Company Listed on the Major Marijuana Stock Index | Hemp.
While anticipating entry into Mexico and a planned entry into other countries, the management of Cartel Inc. determined to make a name change earlier that aligns with a global branding strategy for its products.
This announcement coincides with an agreement between Cartel Inc., and Maui Third Wave, Inc of Kihei, Maui, Hawaii to purchase organic hemp from HINA grown on the island’s rich volcanic farmland. This agreement marks a significant date in the history of Cartel Inc. as it will produce quality mini hemp (Mini Hemp) cigarettes packaged for immediate sale in Hawaii, the mainland, and through the recently announced chain of Salas de Cigarros Cartel in selected hotels and specific locations. Nashville, Tennessee will be home to the first Cartel Cigar Lounge, owned and operated under a License Agreement between Cartel Inc., and Music City Botanicals, of Nashville. More information is available through Investor Relations at Cartel Inc.
SAFEGUARD CLAUSE
This press release may contain certain forward-looking information and statements, as defined under the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Stock Exchange Act of 1934 and is subject to the safeguard created by these sections. This material contains statements about expected future events and / or financial results that are forward-looking in nature and are subject to risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Cartel International, Inc. to differ materially. of the statements made in this document.
Contact:
Investor Relations
(310) 955-0099
Philip@cartelcigars.com
www.cartelscigars.com
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