COLORADO SPRINGS, Colo.,
June 10, 2014 /PRNewswire/
-- OmniCanna Health Solutions, Inc. (OTC: ENDO) (formerly
"Endocan Corporation"), a U.S. Company specializing in cannabis and
cannabinoid formulation-based health and wellness solutions, is
pleased to announce that the Company's Board of Directors has
selected the name, OmniCanna Health Solutions™, as the revitalized
name of the Company. The Company website has changed accordingly to
www.omnicanna.com respectively launched today.
The name change began with appropriate regulatory filings with
the Office of the Nevada Secretary
of State and the next steps are underway with FINRA for a symbol
change to match the new name. The new symbol will be announced in
the near term. The Company has also engaged experienced
accounting firm, Turner, Stone and Company, LLP to review and audit
the Company's financials. The OmniCanna Health Solutions name
change will have no effect on the Company's share structure,
corporate organization, business model operations, or corporate
governance.
The Company had previously established two subsidiaries in
The Netherlands, Endocan B.V. and
Endocan International Holding B.V., for the Company's expanding
European and international operations. In line with the name
change of the American parent company, these Dutch entities are
being renamed OmniCanna B.V. and OmniCanna International Holding
B.V., respectively.
In the United States dispensary
owners will be licensed to use the Company's brands and
formulations for retail distribution through licensing agreements
with the OmniCanna Health Solutions ™ brand name. OmniCanna Health
Solutions now serves as the enhanced brand and refined image to be
used in conjunction with all of the Company's activities, products,
and services. The updated and revised Company website and corporate
collateral package will be released shortly.
"OmniCanna Health Solutions was chosen by the Board as a direct
reference to the latin 'omnis' meaning 'all' and Canna in relation
to 'cannabis and cannabinoids.' The 'health solutions'
completes the full meaning and general mission of the Company to
provide the wellness solutions using the full spectrum of legal
cannabis and cannabinoid extract based products," stated Dr.
Dorothy Bray, President of OmniCanna
Health Solutions, Inc.
About OmniCanna Health Solutions, Inc.
OmniCanna Health Solutions, Inc. is currently developing new
natural cannabis-based products based on innovative formulations to
utilize the unique and potent benefits of the cannabis and hemp
plants. Medicinal properties of cannabis and hemp have been known
and applied for thousands of years. With the aid of scientific
research, OmniCanna Health Solutions is translating such knowledge
into development of effective cannabinoid formulation-based health
and wellness solutions as well as cosmeceutical, nutraceutical, and
food brands throughout the world. The Company's health and
wellness, nutritional, and cosmetics lines will address personal
needs and will evolve with the introduction of new formulations and
products, advancing the Company within the expanding
multibillion-dollar global market.
Forward Looking Statements
This Press Release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. A statement containing
words such as "anticipate," "seek," intend," "believe," "plan,"
"estimate," "expect," "project," or similar phrases may be deemed
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Some or all of the events
or results anticipated by these forward-looking statements may not
occur. Factors that could cause or contribute to such differences
include the future U.S. and global economies, the impact of
competition, and the Company's reliance on existing regulations
regarding the use and development of cannabis-based drugs and
products. The Company does not undertake any duty nor does it
intend to update the results of these forward-looking
statements.
OmniCanna Health Solutions, Inc.
Dr. Dorothy Bray, Director and
President
info@omnicanna.com
www.OmniCanna.com
+1.866.326.5595
Investment Inquiries
investors@omnicanna.com
Robert Kane, Director, CFO & Sr
Vp of Business Development
robert.kane@omnicanna.com
+1.561.420.4824
SOURCE OmniCanna Health Solutions, Inc.