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SAN CLEMENTE, Calif., March 15, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- SUNSET ISLAND GROUP, INC. (OTCQB: SIGO) announced today that the company's subsidiary, VBF Brands, received its Provisional Annual License for cannabis cultivation. The license was issue on March 15, 2019 and expires on March 15, 2020. Provisional licenses act as a bridge between state temporary and annual cultivation licenses. A provisional license will act in the same manner as an annual license. The State of California has issued only 2 provisional licenses for cultivation for the County of Monterrey and only 156 within the entire State of California.
The Company has been focusing on completing the licensing process. Now that has been completed, the Company can focus on completing the audit for 2017. The Company expects the 10-K for 2017 to be filed within 4 weeks and the remaining 10-Qs and 10-K to be filed shortly thereafter.
Notice Regarding Forward-Looking 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. Actual results could differ from those projected in any forward-looking statements due to numerous factors. 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.
Source: Sunset Island Group, Inc.