Shareholders Ratify Acquisition Of Cannabis Consumer Goods Company & New Company Name - Canna Brands, Inc.

Category:

BELLEVUE, Wa, Sept. 23, 2014

Canna Brands, Inc. (OTC Pink "CBWP") ("Canna Brands") today announced its July 29, 2014 acquisition of Bothell, WA, cannabis consumer goods company Canna & Canna Inc., was overwhelmingly ratified at a Special Meeting of shareholders held September 19, 2014 in Bellevue WA.  At the Special Meeting, shareholders also overwhelmingly approved the change of corporate name recommended by the Board of Directors, from Crownbutte Wind Power Inc. to Canna Brands, Inc., reflecting the aforementioned acquisition and new principal business of the Company. 

The business of Canna Brands is developing and licensing uniquely branded specialty goods targeted to cannabis consumers residing in the states of Colorado and Washington where the recreational consumption of cannabis infused products, such as bottled sodas, coffee beverages, baked goods and others, is legal for persons 21 years or over. 

CEO Mark Schaftlein stated:

"The Board's vision at the outset was to make an acquisition at the epicenter of a burgeoning new consumer goods industry – cannabis infused products. At the Special Meeting, 84% of our shareholders participated in person or by proxy – an excellent response – and fully 99% of those participating endorsed the acquisition of a cannabis consumer goods company. Having the Board's vision confirmed by this large a majority of shareholders gives us real momentum to grow the company."

In accordance with standard procedures, Canna Brands advised the Financial Industry Regulatory Authority (FINRA) in advance of the corporate actions to be taken at the Special Meeting of shareholders and expects to be issued a new ticker symbol by FINRA reflecting its name change in the near term.    

Canna Brands, Inc.

Copyright © 2014

Canna Consumer Goods

We are Canna Consumer Goods!

We are building a coordinated infrastructure customized to the quickly growing Cannabis Industry.

We DO NOT HANDLE, PROCESS or SELL MARIJUANA products, but seek to support people who do by providing targeted products needed for the small cannabis consumables business to get started and do well.

Quotes

Mark Schaftlein

We are very proud of the branding of Washington's premiere sodas and we expect to roll out these and other products throughout WA State as well as other states very shortly.

Graciela Moreno

Access to consistent products over a geographic range has been a challenge resulting in only regionalized offerings from numerous suppliers. Companies that can provide a range of standardized products increases quality control while minimizing overhead. We look forward to furthering our plans of acquiring and bringing value to dispensaries and other strategic endeavors.

 

David Palmer

There is a very strong demand for premium infused products that are easily consumable. We expect the line of sodas to become a favorite amongst the community and welcome the level of professionalism that Canna Consumer Goods brings to this emerging industry.

Contacts

   info@cannaconsumergoods.com
   +1 (888) 310-7855

40 Easthampton B West Palm Beach, FL 33417

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