Mentor Capital, Inc. (OTC:MNTR) announced that they will be appearing with their client, GreenVision Systems, on HBO's Vice News tonight. GreenVision Systems is a Puerto Rico medical cannabis and organic hemp company.
Puerto Rico Cannabis Market
Puerto Rico Governor Alejandro Garcia Padilla legalized medical marijuana in Puerto Rico in an executive order on July 8th, 2016, as explained in the video above. This created a massive cannabusiness opportunity for companies like GreenVision Systems to come in and acquire licenses to produce and distribute medical marijuana.
According to the announcement, "Mentor CEO Chet Billingsley, filmed on location in Puerto Rico, provides analysis of the scope of the Puerto Rican market, including job creation, expected tax revenues, decreases in criminal sector funding and expected future decrease in overdose deaths by the observed substitution effect of up to 20% of harder drugs and alcohol for the more benign legal cannabis use. On medical cannabis, Mr. Billingsley outlines how the mellowing of nervous signal transmission decreases the severity of seizures, tremors, chronic pain, nausea and migraines. He concludes interviews by quantifying the scope of the possible opportunity for client GreenVision Systems founded by the public company StereoVision Entertainment, Inc. and Puerto Rican interests, according to Mentor."
GreenVision to be Distributed as Dividend
Mentor Capital CEO Chet Billingsley added that “Upon the effectiveness of a registration statement with the SEC by GreenVision, Mentor Capital, Inc. intends to dividend its GreenVision ownership out to Mentor’s approximately 4,000 shareholders to allow them to directly participate in ownership of the Puerto Rican cannabis business in addition to their Mentor holdings.”
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