Solanbridge Group Inc. (OTC: SLNX), a diversified holding company looking to expand into the medical marijuana industry by developing commercial growers’ licenses in Eastern Canadian medical marijuana jurisdictions and developing CBD-infused products in Colorado and Nevada, recently announced the acquisition of BICOM LLC, a sales and telemarketing firm.
“We welcome Mr. Jhonn Mendieta and BICOM to Solanbridge,” said Solanbridge Group Inc. CEO Charles R. Shirley in a recent press release discussing the acquisition of BICOM earlier this week. “Mr. Medienta will be bringing his current clients and BICOM will be working with Solanbridge to develop a client base in agribusiness and in [the] emerging medical marijuana market.”
The acquisition of BICOM will add immediate revenue, while the group will develop leads and close sales in the medical marijuana market and other agricultural related industries. Before starting BICOM, Mr. Mendieta worked in various sales organizations focused on the large Hispanic community in the U.S. and eventually formed BICOM to capitalize on opportunities in finance, telecom, and argribusiness.
BICOM provides lead generation and sales to various industries across the U.S. with offices in the U.S. and Bolivia. Throughout its nine year existence, the company has generated hundreds of thousands of dollars for its clients. Solanbridge Group has more than 50 years of experience in different fields, including legal, real estate, gaming, environmental, and the oil and gas industries.
Shares of Solanbridge Group Inc. fell about 6% in mid-day trading on Monday, October 13, 2014 following the news release.
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