New York, NY, March 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc (otcpink:GOIG) announced today that the Company in seeking Cannabis licenses worldwide, has started the process in Kenya, where they have obtained the initial approval from the Ministry of Agriculture and is finalizing steps for licensing to export Cannabis. The current negotiations cover an initial lease of 500 acres for production, which can be expanded significantly. The lease term will be for 25 years. Kenya being on the equator provides the best conditions for year round production coupled with being a major agricultural export country, will allow Kenyan Cannabis production to fill the need for Medical and recreational Cannabis demand for the European Union and Canada.
The company expects to finalize the agreements in short order and contract to begin the process of growing, cultivating and exporting.
In other news, the company will not be changing its name to GoCanna as previously stated, the name met resistance from existing trademarks and the company has decided to pursue an alternative. The final decision on a name change will be made this month and all corporate material updated.
Mr. Ike Sutton stated, “After visiting Kenya and meeting with officials in country, I’m very excited about the prospects this agreement brings to our company. This is the first of several critical transactions that will transform GOIP into a relevant member of the burgeoning cannabis industry.”
About GoIP Global
GoIP Global is engaged in acquiring Hemp and Cannabis cultivation & export licenses, offering top tier management and developing partnerships for supply chain sales, and worldwide logistics pipelines. For more information, see www.gocannaglobal.com.
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Contact: GoIP Global Inc info@goip-global.com 1-833-644-4644