SARASOTA, Fla., Nov. 07, 2017 (GLOBE NEWSWIRE) -- BluDog Products LLC, a subsidiary of International Consolidated Companies, Inc. (OTC:INCC), has executed a LOI to acquire a, Florida based, Nutraceutical Co-Packer. The Co-Packer’s, unaudited, revenues are greater than $10,000,000 per year with $2,000,000 in EBITDA.
“We are very excited to embark on a campaign to acquire and roll up Nutraceutical Co-Packer companies. Many have positive cash flows and all stand to benefit from consolidation and economies of scale. We feel that this model is sustainable and should create significant shareholder value,” said Antonio Uccello, CEO, BluDog Products LLC.
The Company will issue more details as they develop in subsequent press releases.
BluDog is marketing its CBD products both direct to consumer and to distributors through specific distribution channels through its online store:
BluDog Products is strategically introducing a water-soluble CBD oil super food and wellness drinks (with an extended release formulation) that are easily absorbed. Using a licensed, patented CBD delivery system BluDog’s CBD products are an alternative over-the-counter therapeutic option to help relieve post-sports inﬂammation as well as promote relaxation and well-being. BluDog’s CBD products interact naturally with the body’s anti-inﬂammatory system without any known side eﬀects.
International Consolidated Companies (INCC) was founded in 2002. INCC is focused on acquiring and growing businesses that offer innovation, quality, and cost-efficient Cannabis technologies.
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risk and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from the statements made herein. More Information: Antonio F. Uccello, INCC; (720-460-0734) (email@example.com), www.BluDogProducts.com, @BluDogProducts
SOURCE: International Consolidated Companies, Inc.
Source:BluDog Products LLC