FOR IMMEDIATE RELEASE
Laguna Niguel, California – March 3, 2025. Cartel Blue, Inc., a Nevada-based corporation that produces hemp cigars, THC products, and branded accessories, has expressed its intention to file a Tier 1 offering under Regulation A. This step will allow it to sell 250,000,000 shares of common stock, subject to approval by the United States Securities and Exchange Commission (SEC). Cartel Blue’s common stock is listed under the symbol “CRTL” on the OTC Markets’ Pink Exchange.
Expanding the Production & Distribution of Hemp Products
Cartel Blue is a top producer and distributor of hemp consumables, based out of its Fort Lauderdale, Florida location. The company’s extensive line of products includes:
- Branded hemp cigars and cigarillos
- 3 THC edible gummies (containing the active ingredient delta-9-tetrahydrocannabinol)
- CBD oil products
- Vape pens and branded accessories
With an ongoing demand for CBD and hemp products, Cartel Blue is preparing for aggressive growth. Cartel Blue has just signed distribution deals with Southern California’s national convenience store chains and liquor stores. Moreover, through its subsidiary Distributolgov.com, Cartel has started to grow in the federally compliant 0.3 THC product market since the 2018 Farm Bill passed.
Strategic Deployment of Regulation A Proceeds
CEO Philip Moreb affirmed that proceeds of the Tier 1 Regulation A offering shall be invested in increasing manufacturing capacity and building stronger distribution channels. Specifically, funds will be utilized for the following:
- The development of two (2) state-of-the-art hydroponic indoor grow centers:
- 10,000 sq. ft. facility in Palm Desert, California
- 10,000 sq. ft. addition at the Fort Lauderdale, Florida facility
Expanded cultivation of premium-grade organic hemp is to be utilized for Cartel Blue-named products and wholesale sales.
Manufacturing facilities with state-of-the-art packaging, labeling, and extraction equipment.
A 300,000 unit per month production capacity expansion of cigar products.
The new facilities will also facilitate CBD oil extraction via dissolvent extraction processes, adding to the company’s line of premium-quality hemp and CBD offerings.
Safe Harbor Statement
This news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks, uncertainties, and factors that could cause actual results to be different from those projected.
These risks include, among others:
- The creation and expenses of new business opportunities.
- Regulatory issues in the cannabis and hemp sector.
- Competition in the market and changing consumer behavior.
Cartel Blue does not undertake any duty to update such forward-looking statements and encourages investors to thoroughly analyze all risks prior to making any investment decisions.
About Cartel Blue, Inc.
Cartel Blue, Inc. is a prominent cannabis and hemp products company committed to quality workmanship, sustainability, and innovation. Operating primarily in the areas of hemp cigars, THC-infused offerings, and CBD wellness products, Cartel Blue is continually developing the market with further environmentally focused manufacturing and widespread distribution.
For Additional Information
Cartel International
Mr. Kler
[email protected]
(760) 413-1200