SOURCE: Garb Oil & Power Corporation

Garb Oil & Power Corporation

April 16, 2014 10:00 ET

Garb Oil & Power Corporation Joins Both a State of Florida and National Cannabis Associations to Facilitate the Company's Immediate Expansion Into the Medical Marijuana Industry

LARGO, FL--(Marketwired - Apr 16, 2014) - Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) -- In order to facilitate the Company's expansion into the Medical Marijuana Industry and to be able to advance quickly in completing a comprehensive evaluation of all potential revenue streams within this industry, the Company has joined the Florida Cannabis Coalition and the National Cannabis Industry Association.

Tammy Taylor, company Chief Executive Officer and President, stated, "With the likelihood that most States will pass Medical Marijuana and Garb's interest in utilizing hemp as one of the raw materials we will utilize in producing alternate fuels and energy, we have joined the Florida Cannabis Coalition and the National Cannabis Industry Association. Garb's participation in the Florida Cannabis Coalition is to take advantage of industry networking and for us to take an active role in the State of Florida's Medical Marijuana Industry development. With the assistance of the National Cannabis Industry Association, Garb can now begin developing operations as required licensing dictates in states other than Florida that have legalized hemp and paraphernalia production."

In other corporate news, the Company has made significant progress on the purchase of its first Florida production site that is expected by all parties to be under contract early next month.

About the Florida Cannabis Coalition
The Florida Cannabis Coalition is a group of like-minded business executives and entrepreneurs that see huge growth potential in the Cannabis sector. Their focus is to build successful companies and careers from the ground up by assisting startups, existing businesses and anyone who wants to take their career to the next level. They help individuals and groups focus on what they do best and help them navigate through the ins and outs of starting a cannabis business, including: networking, licensing, business plans, marketing strategy, brand building, accounting, legal, and specialized elements specific to this industry. Further information can be found at http://www.floridacannabiscoalition.net/

About the National Cannabis Industry Association
The National Cannabis Industry Association was founded on the principle of power in numbers. The thousands of American businesses involved in the state-legal cannabis industries represent a tremendous economic force in this country. As the industry's national trade association, NCIA works every day to ensure this growing business sector is represented in a professional and coordinated way on the national stage. Further information can be found athttp://thecannabisindustry.org/

About Garb Oil & Power Corporation
Garb Oil & Power Corporation, (OTC Pink: GARB) (PINKSHEETS: GARB), has a long company history in the fast growing industry of waste recycling and specifically related to waste-to-energy. Garb is organized to utilize both next-generation machines and new technologies, including those contributed to the Company by the Burda Families, to vertically integrate into the waste refinement, recycling and energy industries. The Company's emphasis is for its own plants to produce profitable new and "green" solutions for waste-to-energy, alternate energy sources, gas drilling, fuel enhancements, improving energy usage efficiency and utilizing recycled material in producing both useful and desirable products.

Cautionary Note Regarding Forward-Looking Statements: This press release contains forward-looking statements. These statements are based on current expectations and assumptions regarding future events and business performance and involve known and unknown risks, uncertainties and other factors that may cause industry trends or actual Company results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. Although the Company believes that expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. All who read this press release should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release.

Contact Information

  • Investor Relations Contacts:
    Garb Oil & Power Corporation
    info@garbreorg.com
    Telephone: 888-573-6622, Ext. 1

    Axiom Financial, Inc.
    info@axiomir.com
    Telephone: 678-455-6914