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LAS VEGAS, NV, Feb. 08, 2018 -- StereoVision Entertainment Inc. (OTC:SVSN), a publicly traded Nevada company, announced today that Puerto Rico’s government has approved industrial hemp legislation and that their majority-owned medical marijuana clinic and industrial hemp subsidiary CannaVision’s 125 acre farm in Arecibo, Puerto Rico is manned with licensed farmers and awaiting its hemp cultivation permit.
“We are definitely getting an industrial hemp cultivation permit,” said StereoVision Board of Directors member and Puerto Rico resident and industrial hemp project manager, Andres Romero. “The Governor is creating a regulatory Board to manage the permitting process and upon receipt of our permit, we will immediately begin our hemp cultivation process including syndicating other farms to cultivate hemp as part of our hemp cultivation co-op. We believe with the jobs created and the vast array of products being generated from this environmentally beneficial commodity we will add considerable value to the restoration effort now underway in Puerto Rico.”
StereoVision Entertainment http://stereovision.com
Headquartered in Las Vegas, Nevada StereoVision is a publicly traded Nevada corporation (OTC:SVSN) focused on creating, acquiring, and producing multimedia content with its media subsidiaries, the wholly owned 9 time Emmy Award-winning production company REZN8, http://rezn8.com, the majority-owned family entertainment company, Inspirational Vision Media, http://ivmi.biz, and the majority-owned Florida medical marijuana clinic and hemp corporation MediCannaVision Inc. dba CannaVision. http://cannavisionclinics.com
Safe Harbor Statement: Except for historical information certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that these forward-looking statements are qualified by other factors. The Company undertakes no obligation to publicly update any statements in this release, whether as a result of future events or otherwise.
Contact: Steven Previch 305-972-2018 [email protected]
