JTBK anticipates appointing a new head of operations for their wholly-owned subsidiary The Indica Company™. Jetblack has started the process to locate an individual with acute e-commerce experience, that can lead the company’s operations. The role is expected to be filled in the next 60 days. “We would like to grow the company until it’s ready to be a stand-alone company,” explained JTBK management.
The Indica Company™ has launched an e-commerce site focused on cannabis lifestyle products. The company expects new product lines in the coming weeks.
The company expects to incorporate a new subsidiary “tentatively named Project Ag-1” as early as next week. Which will lay the foundation for R&D in agricultural genetics. “Project Ag-1” expects to requests samples from the Department of Agriculture for R&D purposes as early as next week. The company is also analyzing path of least resistance to explore cannabis genetics in parallel.
In addition, JTBK has started the process to create a business continuity plan for the company. “We need to have in place personnel and procedures that ensure business continuity for the good of investors,” explained management. The company will expand on this in the coming weeks.
Jetblack Corp. (OTC:JTBK) is a company that incubates and seeks to acquire businesses and assets to enhance shareholder value and market capitalization. Jetblack Corp. has one operating subsidiary named The Indica Company with the expectations of adding two more wholly-owned subsidiaries in the coming weeks. All three subsidiaries are in-house company incubations which are expected to be spun-off at a future date when they have respectively reached certain goals.
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Jetblack Corp. IR department
Emilia S. Olvera