ML Capital Group, with Spanish Peaks and Puration, Announces Denver 420 Fest Sponsorship and Inaugural Cannabis Tour in Colorado $19 Billion Tourism Sector

MIAMI, January 24, 2017 /PRNewswire/ --

ML Capital Group (USOTC: MLCG), together with Spanish Peaks ScrumpDelicacies and Puration, Inc. (USOTC: PURA), is pleased to announce its official sponsorship of the Denver 420 Fest 2017 (www.denver420fest.com). The annual 4/20 celebration sees thousands of visitors celebrate cannabis legalization while enjoying A-List celebrity appearances and performances.  The event reaches an additional audience numbering in the millions via online exposure through both commercial internet broadcasts and the social media integration.  As an official sponsor, MLCG, PURA and Spanish Peaks ScrumpDelicacies will have their collective brand front and center, both physically at the event and online at the Super Bowl of Cannabis.

MLCG Inaugural Luxury Colorado Cannabis Tour  

MLCG recently announced the pending acquisition of Spanish Peaks ScrumpDelicacies and a corresponding partnership with PURA as the foundation of a strategy to introduce a luxury cannabis tourism service into Colorado's $19 billion tourism sector.  The luxury cannabis tours in Colorado are an expansion of MLCG's existing luxury tourism business, which is currently approaching $400,000 in annual sales.  In conjunction with the sponsorship announced today, MLCG plans to launch its inaugural luxury cannabis tour, targeting interested cannabis industry investors wanting to learn more first-hand about Colorado's cannabis industry.

MLCG 2017 $1 Million Forecast Building On 2016 $400,000 In Annual Sales 

MLCG recently published a management presentation detailing a preliminary $1 million 2017 forecast based on its introduction of the cannabis tourism offering in addition to the ongoing growth of its existing luxury tourism business.  View the entire forecast presentation at the link below:

MLCG 2017 LUXURY TOURISM SALES FORECAST TO INCLUDE NEW CANNABIS TOURS 

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

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SOURCE ML Capital Group