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Showing posts with the label California Marijuana Integrated Cannabis Solutions Releases Revenue Update

Integrated Cannabis Solutions Releases Revenue Update

WEST PALM BEACH, Fla. — Integrated Cannabis Solutions, Inc. (“Integrated Cannabis” or the “Company”) (OTCPINK: IGPK), is pleased to share the following update. The Company’s combined revenue from its two subsidiaries is projected to post over $900,000 for the 3 months ending June 30, 2023.  The total revenue for the 2nd quarter could post higher than expected from sales of cannabis distillate over the last few days of June.  This will be our first quarter posting revenue from Houdini Labs. The second quarter will have outpaced the first quarter by a margin of 3, and the 3rd quarter will post revenue that exceeds the second quarter. We are anticipating higher quarterly numbers from Houdini Labs, thanks to a new piece of equipment recently installed, an ethanol chiller.  The extraction process is a multi-stage process, and the chiller allows Houdini to extract 60 liters of cannabis oil and refine 30 liters in a single shift.  The addition of a second...