Coconut Creek, FL -- June 29, 2018 -- InvestorsHub NewsWire -- Trans Global Group, Inc. (OTCPK: TGGI) would like to take this opportunity to bring all of its shareholders up-to-date on the Company's status and provide insight as to the direction the Company is headed over through the course of 2018.

The first half of the year was not as exciting for TGGI as was anticipated; this was due to delays beyond the control of the Company. Over the next 6 months, the Company plans on making up for lost time, and should end the year on high note.

TGGI currently has one source of revenue, this is from the device it shares with Cannabis Consortium. Until such time as that device comes to the market, TGGI will not book any revenues.

TGGI and Cannabis are currently negotiating terms to assign 100% ownership of the device to TGGI. TGGI would then have full control of its destiny. Part of the negotiations is for Cannabis to sell the device under it edibles line in every state they have distribution in.

TGGI would seek a cash infusion as part of the deal and will have to return a significant portion of the shares of BDCI as part of the exchange.

The large amount of stock looks nice on the balance sheet, but does nothing to move the Company forward. TGGI would only be able to sell 1% every 90 days starting in mid November and part of that 1% includes whatever our President sells, if he sells shares that amount to 1% then TGGI would not be able to sell any.

TGGI would finish development of the device file all the patents under its own name. The Company could then approach other edible companies about setting private label deals with them as well. TGGI needs to be able to control its own revenue and not rely on others; this transaction is what's best for the shareholders of TGGI.

The real gains for TGGI will come from Integrated Cannabis Solutions (OTC:IGPK), the device works nicely under this name. The company has never been an SEC reporting company so we are looking into auditing the last 2 years so the company can move up to the OTCQB; then after sales begin, file a Form 10.

Furthermore, we have been negotiating numerous other transactions for IGPK, and would hope to have significant news that will boast the bottom line as early as this year.

While TGGI had 821 million shares returned to the Company last year, it is still committed to further reducing its share structure. The total number of shares the Company is seeking to reduce is still a total of 3 billion shares minus the 821 million already returned. The Company will not place a time table for the further reductions and will share with its shareholders as it has in the past when it retires shares.

TGGI would like to clarify, it does not receive any revenue from BDCI or Cannabis Consortium, the only revenue the Company is entitled to, is from the device and it is seeking to get control of the device back.

TGGI does not consider BDCI a subsidiary, since its ownership was reduced to about 30% as of January 1, 2018 and is no longer the single largest shareholder of that company.

More information regarding the statements made in this release will be released in the June 30 Quarterly Report.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.


Matt Dwyer


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