TORONTO, ONTARIO--(Marketwired - May 6, 2014) - Green and Hill Industries (PINKSHEETS:GHIL) today announced that it recently completed a transaction with Rebagliati Gold Enterprises Ltd dba Ross' Gold whereby Ross' Gold has effected a reverse take-over of Green and Hill Industries.
Details of the merger may be found at http://www.otcmarkets.com/stock/GHIL/filings and a copy of the agreement was filed on April 3, 2014 on the System for Electronic Document Analysis and Retrieval ("SEDAR").
Rebagliati Gold Enterprises Ltd. was incorporated in October 2011. With changes announced in the way that Health Canada was going to deal with medical marijuana made public in December 2012, the Company decided to enter the medical marijuana industry in January 2013 under the name Ross' Gold™ using the celebrity of Olympic Gold winner Ross Rebagliati as a springboard into the industry.
Ross's Gold plans to license it established brand through partnerships with government approved licensed producers in Canada for medical cannabis strains called Ross' Platinum, Ross' Gold, Ross' Silver and Ross' Bronze with specific THC/CBD levels for specific ailments. The Company has an established international brand with the celebrity of Olympic Gold Medal winner Ross Rebagliati and also looking to license its brand to other cannabis related companies globally. The Company has a line of retail clothing available at www.rossgold.com, and is currently under an 'option to shop' contract with a major Canadian production company for a proposed television series tentatively entitled Ross' Gold.
Ross's Gold is poised to be the first super premium BRANDED medical marijuana, launched in tandem with the Canadian government's changes in legislation. Think about it: Advil, Tylenol, Grey Goose etc- brands are all around us, and provide the consumer with confidence. The Company is positioning Ross' Gold to shift, and ultimately dominate the pain management market that is about to erupt with legitimized medicinal marijuana.
Ross Rebagliati has been recently featured and continues to be featured in the media on television and print including USA Today, High Times, NBC, CBC, CNN, Yahoo Sports, Die Welt, CTV, The Toronto Star, The Denver Times, Sports Illustrated, The Pique, Leafly.com, Whistler Question, NORML, BC Business Magazine, Huffington Post, The Daily Telegraph, and more.
Please visit www.rossgold.com for more information.
Safe Harbor Statement
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, projections of worldwide sales of Ross' Gold's products and global markets. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined at http://www.rebagliatigold.com/rebagliatigold/safe-harbor.html and other periodic reports filed from time-to-time.