Integrated Cannabis Solutions Announces Acquisition of The Tahoe Group and Expansion to East Coast

WEST PALM BEACH, FL / ACCESSWIRE / September 13, 2023 / Integrated Cannabis Solutions, Inc. ("Integrated Cannabis" or the "Company") (OTCPINK:IGPK) announced today that its subsidiary, Houdini Group, Inc., a vertically integrated cannabis company, has closed the acquisition of The Tahoe Group, LLC and its DBAs, Phoenix Delivery and Genesis Distribution.

The Tahoe Group, a leading vertically integrated cannabis operator, holds a micro license that allows for delivery, distribution, and light manufacturing.

This strategic addition empowers Houdini Group to enter the delivery sector, providing a virtual store experience with the cost-efficiency of a traditional retail model. Furthermore, Genesis Distribution, recognized for its exceptional service, ensures secure and prompt delivery of cannabis products to licensed brick-and-mortar retailers throughout California. Our distribution license grants us end-to-end control over the manufacturing process, eliminating intermediaries. The light manufacturing license enables the production of a variety of infused products, such as edibles, popcorn, and bath balms.

"The addition of The Tahoe Group is a significant milestone for Houdini Group," said Gene Caiazzo, CEO of Integrated Cannabis. "This acquisition rounds out our presence in the California cannabis market and positions us for continued growth in the years to come."

In an exciting development, Houdini Group is expanding its operations to the East Coast, establishing a state-of-the-art manufacturing facility in Florida. This facility will have the capacity to produce both THC and CBD products, and we will be relocating equipment from California to support this expansion.

"We are excited to expand our business to the East Coast," said Caiazzo. "This is a growing market with a lot of potential. We believe that our vertically integrated business model and our experience in the California market will give us a competitive advantage in the East Coast market."

Houdini Group, Inc. is a leading vertically integrated cannabis operator with operations in California and Florida. The Company is committed to providing high-quality cannabis products to its customers and is focused on expanding its business in both the California and East Coast markets.

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