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USA REAL ESTATE HOLDING COMPANY

(USTC)
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USA Real Estate Holding Company Acquires Green Pharma Colombia S.A.

10/15/2018 | 10:21am EST

TORONTO, Oct. 15, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- USA Real Estate Holding Company (OTC PINK: USTC), a diversified public holding company, announced today that it has entered into Letter of Intent Agreement to acquire Green Pharma Colombia in an all stock transaction. The amount of shares will be determined upon the signing of the definitive agreement.

The company Green Pharma Colombia S.A. is dedicated to the cultivation and extraction of cannabis oil, as well as the production of tinctures, creams and beauty products (shampoo, creams for skin relief) with different concentrations of CBD and THC. The company only grows the best strains with the highest quality standards, which assures us to be as consistent as possible from batch to batch in order to produce replicable results for patients.

“We’re pleased to announce this acquisition as the Company is seeking out opportunities in the medical cannabis and CBD sectors. The global legal cannabis market is expected to reach USD 146.4 billion by end of 2025,” stated by Sabahat Ullah, Director of USTC.

He further added, “We have decided to hold off on the launch of our crypto currency mining operations and Digital Asset Exchange platform until the Company register with the SEC and meet the standards of an SEC-registered national securities exchange. Nevertheless we are focused on the building our asset base and excited about the unique opportunities the legal Cannabis market presents at this time.”

About Green Pharma Colombia:

The company Green Pharma Colombia S.A. is dedicated to the cultivation and extraction of cannabis oil, as well as the production of tinctures, creams and beauty products (shampoo, creams for skin relief) with different concentrations of CBD and THC. The company only grows the best strains with the highest quality standards, which assures us to be as consistent as possible from batch to batch in order to produce replicable results for patients.
For more information visit: www.pharmagreen.co

About USA Real Estate Holding Company:

USA Real Estate Holding Company (OTC PINK: USTC) is a public holding company that is motivated in expanding its asset & revenue base through acquisition for the purpose of increasing shareholder value by diversifying as a multi-faceted Company.  For more information visit: www.usarealestateholding.com/

FORWARD-LOOKING STATEMENTS:

This press release includes various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations or beliefs concerning future events. Statements containing expressions such as "believes," "anticipates," "intends," or "expects," used in the Company's press releases and in Disclosure Statements and Reports filed with the Over the Counter Markets through the OTC Disclosure and News Service are intended to identify forward-looking statements. All forward-looking statements involve risks and uncertainties. Although the Company believes its expectations are based upon reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurances that actual results will not differ materially from expected results. The Company cautions that these and similar statements included in this report are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof.

For further information contact:
Public Relations
Email: info@usarealestateholding.com 

SOURCE: USA Real Estate Holding Company
 

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ę GlobeNewswire 2018
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Managers and Directors
Sabahat Ullah Director