SOURCE: Gala Global, Inc.

Gala Global, Inc.

November 06, 2014 08:40 ET

Gala Global, Inc. Plans for New Products and Service From Hemp and Cannabis

Cannabis Ventures, Inc. Plans for Operational Expansion in Canada for MMPR

LOS ANGELES, CA--(Marketwired - Nov 6, 2014) - Gala Global, Inc. (OTCQB: GLAG) today announced expansion plans for business opportunities related to Hemp and Cannabis. The Hemp and Cannabis plant provide applications for new products and service offering from Gala Global. The new focus and direction for GALA is to stay in line with natural and eco-friendly products but allow such products to be used for multiple applications.

Cannabis Ventures, Inc., a wholly owned subsidiary of Gala Global based in Canada currently has an application in review with Health Canada for the Marijuana for Medical Purposes Regulations (MMPR) license. Cannabis Ventures, Inc. plans to operate a cultivation facility servicing Health Canada patients upon receiving approval. The cultivation facility would use the Greengro Technologies Inc (PINKSHEETS: GRNH) all new modular grow rooms. http://greengrotech.com/gro-rooms/ 

Gala Global will immediately introduce Hemp based textile to its existing product line. The added Hemp based clothing product in its current distribution of all-natural everyday custom tailored women's clothing products from England has multiple benefits. Hemp textile can repels up to 95% of UV rays. Hemp is more water absorbent which can be applied for active wear. This is a natural transition to bring focus to our core interest in working with Hemp and Cannabis plant.

Gala Global Inc. is also working on developing its own line of natural lotions and oils based on Cannabidiol (CBD) derived from the Hemp and Cannabis plant. CBD lotions and oil is a natural based healthy alternative for an overall daily application. The initial CBD derived products planned will be extracted from industrial hemp with no traces of THC. Gala is currently in discussions to add additional services and product offerings. The expansion plans will focus on the development, research, and commercialization of products derived initially from the Hemp plant.

"We are enthusiastic on the new direct and value add to our shareholders on the vast opportunity in the Hemp and Cannabis sector. Gala management is confident that we can create new collaborations and business opportunities and we believe that Gala can contribute greatly to the expansion and development of future products," said George Lefevre, CEO of Gala Global.

Mr. Lefevre further added, "It's very important for us to reach a common goal to provide and create top quality products related to Hemp and Cannabis. Hemp and Cannabis also allows us to explore other opportunities outside the current product offering. The additional Hemp and Cannabis products Gala plans to offer are related to Hemp and Cannabis CBD oils (cannabidiol). We are currently seeking acquisition candidates in this area of interest in the nutraceutical and pharmaceutical industries. We plan to launch a powerful solution for our shareholders interest."

About Gala Global, Inc.

GALA Global, Inc. is a publicly traded development stage company which plans to expand in the Hemp and Cannabis industries. The Company is refocusing its purpose on the development, research, and commercialization of products derived from Hemp and Cannabis Plant, while maintaining its current distribution of all-natural everyday custom tailored women's clothing products from England.

For more information, visit www.galaglobalinc.com

www.cannabisventuresinc.com www.greengrotech.com 

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.

Contact Information

  • Contact Information:
    Email Contact
    George R. Lefevre
    (702) 721-9822