|By Marketwired .||
|July 17, 2014 11:20 AM EDT||
TORONTO, ON--(Marketwired - July 17, 2014) - Green and Hill Industries (PINKSHEETS: GHIL) dba Ross' Gold (the "Company") today announced that it has signed a definitive licensing agreement with West Coast Gifts Incorporated to design, manufacture, sell and distribute a line of Ross' Gold products to their customers numbering approximately 450 retail stores across Canada.
West Coast Gifts is the exclusive manufacturer and distributor of the following nationally recognized brands of smoking accessories and vaporizers in Canada including Red Eye Glass®, GEAR®, Red Eye Tek™, LIT Glass™, iRie™, Retro Glass™, Vapor Daddy™ and Deluxe Daddy™ Vaporizers, GoodFellas™ Wood Tobacco Pipes, HOOTS™ Clips, and Bug Clips™.
Ross' Gold granted West Coast Gifts an exclusive license in Canada to design, manufacture, sell, or otherwise distribute Ross' Gold brands including glass smoking products, including water pipes, bubblers, hand pipes, water pipe parts & accessories, and concentrate parts & accessories, as well as vaporizers. Ross' Gold glass water pipes will include a certificate of authenticity signed by Ross Rebagliati.
In choosing West Coast Gifts, the Company focused on the customer-centric culture that West Coast provides its retailers. When a Ross' Gold customer calls WCG for product questions or support, a live and knowledgeable person will answer the phone and provide them with the information they are seeking. Their sales representatives spend the time necessary to train the retail outlets to gain important product knowledge such as the features & benefits of the Ross' Gold products to instill confidence in selling the product. Their sales teams' understanding of the industry trends, ability to identify with the needs of customers and capability to communicate the features and benefits of the Ross' Gold products to satisfy their customer's needs will contribute to the future sales growth of the Ross' Gold products.
Ross Rebagliati, CEO of the Ross' Gold, commented, "We're creating a brand that people can identify with, a brand that people can trust and a brand that people already know. This agreement provides us with potential an additional revenue stream outside of our stated business model in the medical cannabis industry in Canada. West Coast Gifts has an excellent reputation, first class product lines and a wide distribution network to over 450 retail stores in Canada making it the best choice for the Ross' Gold line of retail goods."
The Company notes that a Form 51-102F3 Material change report was filed on July 17 2014 on the System for Electronic Document Analysis and Retrieval ("SEDAR").
About Ross' Gold
Ross' Gold plans to license it established brand through partnerships with government approved licensed producers in Canada for medical cannabis strains called Ross' Platinum, Ross' Gold, Ross' Silver and Ross' Bronze with specific THC/CBD levels for specific ailments. The Company has a line of retail cannabis related products that will be sold in Canada. The Company has an established international brand with the celebrity of Olympic Gold Medal winner Ross Rebagliati and also looking to license its brand to other cannabis related companies globally. Please visit www.rossgold.com for more information.
Safe Harbor Statement
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. 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. Such forward-looking statements include, among other things, projections of worldwide sales of Ross' Gold's products and global markets. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. 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. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined at www.rossgold.com and other periodic reports filed from time-to-time.
Ross' Gold (the 'Company')