Integrated Cannabis Solutions, Inc. announced that it is forming a new wholly owned subsidiary Houdini Group, Inc., which sub will then acquire 3 operating Cannabis entities in California: Houdini Labs, GCTR Management, and The Tahoe Group. IGPK will work with the entities to submit their financials to the audit team by the end of 2022. The goal is to complete the audits for the 3 entities on or before the end of March, 2023.

The Closing of all three acquisitions will take place over the coming weeks. Houdini Group has the capacity to grow over the next few months with a potential of $1.5 million in Gross monthly revenue and potential of $400,000 Net income during a single shift. Houdini Labs – is a type 7 Volatile and Non-Volatile extraction manufacturing company.

The lab can produce the following within an 8-hour shift: Liters of Oil - 45, Number carts filled - 16,000, Number of Pre-Rolls - 10,000, Number of carts per liter of oil - 1,000 full-gram carts, Number of pieces of candy produced - 40,000, Number of pieces of candy per liter - 20,000. If demand is there the facility can add up to 2 more shifts and triple production. Houdini consistently produces high-grade oil testing in the mid to high 90s in purity.

When the monthly revenue exceeds $750,000, Houdini Group will move to its next phase, giving the company better access to capital for further expansion.