Critical Solutions, Inc. (CSLI) /MKH Ventures Announces 1st Major Harvest of Cannabis
MKH Ventures Profit Sharing Contracts Begin Generating Returns to Company
Sheridan, Wyoming--(Newsfile Corp. - May 19, 2021) - Critical Solutions, Inc. (OTC Pink: CSLI) announces it has begun the harvest and processing of over 1,000 pounds of cannabis worth a wholesale value of $1.2 million. Mr. Sam Barraza, CEO of MKH Ventures, states: ''We are excited to announce that our 'Profit Sharing Contract' with Across the OC, LLC, a cannabis distribution company with sales of over $24.5 million annually is beginning to generate returns, which we estimate to be worth a minimum of $5.5 million over next 3-5 years. We're now even more confident that our most recent signed Profit-Sharing Contract with 770 Washington LLC, a cultivation cannabis management company with over $20.7 million under grow in the Los Angeles Licensed District, will provide the same results. We expect this contract could add $2.3 million in additional revenue stream over the next few years. Our vision to create a highly profitable holding company for our shareholders is happening right now."
Mr. Munck, Vice President of Business Development, adds: "The 'Profit Sharing Contracts' are extremely profitable to our balance sheet and the most important part of these key acquisitions is that these companies we have teamed up with have proven to be cash flow positive year after year. The returns on this first contract are confirmation that MKH Finance is a highly profitable division of MKH Ventures. We look forward to introducing several other key strategic partners, as well as unveiling new divisions of MKH Ventures very soon."
About MKH Ventures, LLC
MKH Ventures is a diversified holding company. MKH Ventures acquires and invests in emerging growth and profitable companies in the Cannabis, Crypto, and Real Estate markets.
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MKH Ventures, LLC
Safe Harbor Statement: In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.
SOURCE: MKH Ventures, LLC.
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