OSL Holdings Inc (OTCMKTS:OSLH) rushed to make record gains during the trading session after expressing its interest in forming a joint venture and licensing agreement with Cheryl Shuman. Shuman is often referred to as ‘Cannabis Queen of Beverly Hills”. The combination between the company and that of Shuman will be interesting given the common interests that exist in between the two.
Joint venture
At one place, OSL Holdings Inc (OTCMKTS:OSLH) is committed to social activism, progress of civil liberties and socially conscious business model. On the other hand, Shuman is known as a news personality, marijuana marketing guru and legalization advocate as well as a cannabis industry entrepreneur. If OSL Holdings Inc (OTCMKTS:OSLH) succeeds in its endeavor then the agreement will include a licensing deal with Beverly Hills Cannabis Club and Canna Dabba Doo, which are luxury cannabis service brand and crowd funding platform respectively.
OSL Holdings Inc (OTCMKTS:OSLH)’s CEO Steve Gormley said that Shuman will bring great value to the company. He added that Shuman is a pioneer in the cannabis industry and is equipped with tremendous resources and assets. Meanwhile, Shuman also expressed her excitement over the prospect of combining with the company. She said that OSL Holdings Inc (OTCMKTS:OSLH) has the right mix of professionals and services. She is confident that the venture will be a big success going forward.
Shuman’s popularity
It is noteworthy that Shuman has earned several recognitions from a number of renowned print media. She is not only a founder of the Beverly Hills Cannabis Club (BHCClub.com), but is also a CEO of Cheyl Shuman Inc. She recently appeared on the cover page of Adweek and was named ‘Pot’s First Marketer.’ Elle Magazine has named Shuman as the ‘Most Powerful Women In The Pot Industry’. In an interview with ‘The Times’, Shuman claimed that she won her life back from cancer through the use of cannabis. Shuman maintains her own marijuana farm and hosts parties for a number of Hollywood top celebrities.
The stock of OSL Holdings Inc (OTCMKTS:OSLH) soared by 30% to $0.00910, while 20.26 million shares exchanged hands during the last trading session.
