Minerco Completes Acquisition of WLCCO Inc and Increases Psilocybin Manufacturing Capacity
Oakland, Calif .– (Newsfile Corp. – March 14, 2021) – Minerco (OTC Pink: MINE) announced today that it has acquired and Raised USD 5 million. This strategic purchase includes key devices that will add 1 million units of microdosed psilocybin tablet production capacity per day. In markets where psilocybin isn’t legal, Minerco will make lead-free medicinal mushrooms like chaga and lion’s mane as legal alternatives.
Minerco’s leadership announced the company’s four main goals at the Sankofa Shareholder and Vision Summit on January 24, 2021:
Acquire the equipment needed to produce 1 million microdots per day
Start the expected blockchain token SHRU
Buy a location in the US to maximize domestic and international activity
On February 16, 2021, the company announced a full settlement of debts to the EROP capital. From March 1, 2021, the company successfully launched its blockchain token SHRU and the payment application SHRUCOIN Pay. With the acquisition of WLCCO, Minerco’s leadership can now say that it has achieved three of the four goals set at the summit with the acquisition of WLCCO.
The company is optimistic about these business developments. With this in mind, Julius Jenge, CEO of Minerco, made the following statement:
“Increasing the company’s production capacity for psilocybin microdosed tablets has been a key goal in preparing the company for success as legal markets expand in the US. We are and are fully prepared for the bright future of this new legal industry and confident that the company can meet these growing demands. “
About Minerco Inc.
Minerco, Inc. The Magic Mushroom Company (OTC Pink: MINE) is the pioneering company that specializes in the research, manufacture and sale of psilocybin mushroom products (“Magic Mushrooms”). The SHRU blockchain token can be used for purchases related to psilocybin and cannabis. SHRU can be purchased at www.shrucoin.com. Consumers can also use the SHRUCOIN Pay app at www.shrucoinpay.com. For more information about Minerco, Inc. please visit www.minercoinc.com. The Minerco, Inc. stock histogram visits OTC Markets at www.otcmarkets.com and searches under the ticker MINE.
The story goes on
Follow us on Twitter
White Label CBD Co (WLCCO Inc) is a full-service private label manufacturer of industrial hemp CBD products with over 10 years of industry experience in a cGMP facility. KY, Lexington’s trusted source of raw materials, extracts over 20,000 pounds of safe CO2 daily for solvent-free extraction.
MINERCO, INC. INC
This press release contains statements that the company believes to be “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements relating to the investment offers and their terms, are forward-looking statements. In this press release, words such as “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe,” “should” or their negative or similar terminology are generally used to identify forward. looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Investors should not place undue reliance on forward-looking statements. The company disclaims any obligation to update or revise any forward-looking statements as a result of new information, future events or for any other reason.
The source version of this press release can be found at https://www.newsfilecorp.com/release/77160