The CannaBusiness Group, Inc. Files Annual Disclosure Statement and Prepares to be a Fully Reporting SEC Compliance Company

MISSION VIEJO, California, March 12, 2014 /PRNewswire/ --

The CannaBusiness Group, Inc. (OTC: CBGI) files 2013 Annual Disclosure Statement and prepares financials to be audited by PCAOB accountant and have attorney file form 10. http://www.thecannabusinessgroup.com

The 2013 Annual Disclosure is from Muscle Warfare the subsidiary that on December 27, 2013 rescinded its agreement to be part of the public company. From the 1^st quarter of 2014 and beyond, The CannaBusiness Group, Inc and its subsidiaries will file financials together on the OTC Markets and as soon as we have completed our audits and approved through the SEC, 10Q and 10K's will start to be filed with the SEC and CBGI will become a fully reporting public company.  

The CannaBusiness Group, Inc. CEO Michael Cummings commented, "One of our goals is to move up to a fully reporting SEC company, this will take some time with the auditor and legal counsel however, we are moving diligently towards that goal and hope to be fully reporting within 6 months on the OTCQB."

Also, Mr. Cummings stated that The CannaBusiness Group, Inc. will continue to be as transparent as the SEC allows us to be. I am also, very confident that within 6 months we will be compliant with the SEC and be granted the status of a fully reporting company. At that point it will make it easier to raise capital and to acquire more property and businesses.

About The CannaBusiness Group, Inc (OTCPink: CBGI)

The CannaBusiness Group Inc. ("CBGI") founded in 1985 and is headquartered in Mission Viejo, California we are a publicly held company vested as a strategic real estate acquisition, leasing, and management firm whose primary focus is on zoning issues. We acquire commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial and Retail, whether small or large scale clients.

The CannaBusiness Group, Inc. manages a portfolio of properties that it acquires and leases. We provide oversight on each and every property we manage. This can include complete architectural design and subsequent build-outs, general support, landscaping, general up-keep, and state of the art security systems.

CBGI developed an acquisition plan to acquire companies that sell products and services to include Security Services, E-Commerce Store Fronts for both Grow and Dispensary operations; Technology Solutions; Software Solutions; and miscellaneous solutions.

Any and all acquisitions will be spun off into their own publicly traded company in the future, or may be acquired or merged into another 3rd party company. Once, CBGI and subsidiary management agree that a company is ready to go public, merge or be acquired our group of professionals will start working on the best option for that company.

The CannaBusiness Group, Inc. adheres to all federal laws and does not sell marijuana at any dispensaries and/or a grow operations.

Stay up-to-date with current events by joining The CannaBusiness Group, Inc. E-Mail Alert List. Join by going to the following: http://www.thecannabusinessgroup.com

FORWARD-LOOKING STATEMENT AND DISCLOSURE: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the continuation of recent growth rates in the industry; the positioning of The CannaBusiness Group[SM], Inc. in the market; ability to integrate acquired properties and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether The CannaBusiness Group [SM], Inc. can successfully execute their business plan. Actual results may differ materially from those contained in the forward-looking statements in this press release.

Investor Contact Information:
Investor Relations
The CannaBusiness Group, Inc.
Phone: +1(888)391-9459
Email: [email protected]

SOURCE The CannaBusiness Group, Inc.