IGC and MTP to Host Major Themes Investment Conference on June
9, 2015 in NYC Featuring a Legal Cannabis Presentation Track
Bethesda, MD, March 9, 2015 (GLOBE NEWSWIRE) -- India Globalization Capital,
Inc. (NYSE-MKT: IGC) announces its inaugural Major Themes Investment Conference
featuring a legal cannabis presentation track to be held in NYC at the Harvard Club on
June 9, 2015.
This event will feature corporate presentations, key note speakers and will include a
specialized track of North American companies in the emerging legal cannabis industry.
Midtown Partners LLC ("MTP"), our New York broker-dealer will host the conference.
"We are pleased to announce our first major themes investment conference as we
continue to focus on providing investment banking services to the legal cannabis
industry. This is a great opportunity for investors to hear from legal cannabis companies,
access cannabis thought leaders, obtain market and regulatory analysis and evaluate
investment potential in an industry that we believe is an emerging major investment
theme. Over the next six years, according to a report by GreenWave Advisors, sales of
cannabis could total $21 billion if just 12 states legalize recreational cannabis. The
potential market of cannabis derived pharmaceuticals, cannabis delivery systems, and
peripheral businesses could be significantly larger," said John Clarke Managing Director
of Midtown Partners.
"We are looking forward to this important NYC major themes conference and remain
confident in our efforts of building long-term shareholder value through a diversified
base of operating segments," stated Ram Mukunda, CEO of IGC, Inc.
To register for the conference please visit www.igcinc.us or www.midtownpartners.com.
About IGC and Midtown Partners & Co., LLC
Based in Bethesda, Maryland, India Globalization Capital, Inc. ("IGC") has articulated a
strategy to become a company with diverse operating businesses including medical
marijuana, specialty pharmaceuticals and solar energy. We are currently engaged in
trading, vertical farming and rental of heavy equipment in India, China and the United
States. IGC's website is at http://www.igcinc.us and you can follow IGC's latest
developments on Facebook at https://www.facebook.com/IGCINCUS.
Based in New York City, New York, Midtown is an independent investment bank
focused on facilitating growth by providing creative and unique financial solutions to
high growth companies within the lower middle market. For more information about
Midtown please visit its website at http://www.midtownpartners.com.
Forward-looking Statements:
Some of the statements contained in this press release that are not historical facts
constitute forward- looking statements under the federal securities laws. Forward-looking
statements can be identified by the use of the words "may," "will," "should," "could,"
"expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends,"
"potential," "proposed" or the negative of those terms. The term "crowd funding" or
"crowdfunding" is not a recognized regulatory term and is meant as a reference to
offerings of investment securities under the JOBS Act of 2012 for regulations both
currently adopted and to be adopted in the future by the Securities & Exchange
Commission and FINRA as a result of that legislation. These statements are not a
guarantee of future developments and are subject to risks, uncertainties and other factors,
some of which are beyond IGC's control and are difficult to predict. Consequently, actual
results may differ materially from information contained in the forward-looking
statements as a result of future changes or developments in our business, our acquisition
and diversification strategy, our competitive environment, infrastructure demands, iron
ore availability and governmental, regulatory, political, economic, legal and social
conditions in, among other places, China and India. Except as required by federal
securities laws, IGC undertakes no obligation to publicly update any forward- looking
statements, whether as a result of new information, future events, or otherwise. Other
factors and risks that could cause or contribute to actual results differing materially from
such forward- looking statements have been discussed in greater detail in IGC's Form 10-
K for fiscal year ended March 31, 2014, and in subsequent reports filed with the U.S.
SEC.
Investors Contact Information:
Claudia Grimaldi
301-983-0998
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