WINNETKA, Calif., July 1, 2014 /PRNewswire/ -- Green Cures & Botanical Distribution Inc. (OTC Pink: GRCU) ("Green Cures") announced today that its first CBD-derived product is now available for sale through its website allbotanical.com, as well as the retirement of 300 million shares of common stock, reducing the number of shares outstanding, and the planned launch date for its new website.

Green Cures CBD Capsules contain 50 milligrams of pure premium CBD-Hemp Oil per capsule. Green Cures premium CBD Capsules do not contain controlled substances and comply with federal guidelines. Therefore, Green Cures is able to market, distribute and sell the CBD capsules online and through retailers across the nation. Each bottle contains 30 capsules with 50 milligrams each, providing 1500 milligrams of Pure CBD-Hemp Oil.  The online retail price of Green Cures CBD Liquid Gel Capsules is $90.00 dollars.

As of the date of this announcement, numerous properties and benefits of CBD are being investigated at academic research centers in the United States and elsewhere.  The FDA has not evaluated the validity or truthfulness of these claims.  As such, Green Cures management encourages its customers and the market in general to review the published research relating to the benefits and properties of CBD hemp oils and other CBD products, and to educate themselves on the use and benefits of these oils and products.  Green Cures management will continue to monitor research results relating to the benefits and properties of CBD hemp oils and other products as well.

Management is also pleased to announce that effective June 30, 2014, Green Cures has finalized the cancellation of 300 million outstanding common shares with its transfer agent, which will serve to reduce the total outstanding common stock.  Green Cures management anticipates that the updated share structure will be reflected in the OTC Markets website within the next 48 hours.

In closing, Green Cures announced that management anticipates the launch of its second ecommerce website, www.allcbd.com, on or before August 15th 2014. Allcbd.com will offer an ecommerce platform where online consumers will be able to purchase CBD-derived products from anywhere across the U.S. and from around the world, as permitted by law. Green Cures also plans to begin shipping internationally through allbotanical.com on that same date.

Green Cures Management will provide additional updates as they become available.

About Green Cures & Botanical Dihstribution Inc.: (www.gcbdinc.com) (GRCU) operates a diverse portfolio of services and products within the botanical and medical cannabis industry, as permitted by law. The products include nutritional supplements, vitamins, minerals, herbs/botanicals, sports nutrition, and specialty products. In the rapidly growing industries of alternative care and medicinal products, GRCU also provides to the online community portals that supply information and resources regarding the benefits of cannabis-derived products.

FDA Statement: The statements contained in this document have not been evaluated or approved by the FDA. The products and statements referenced in this document are not intended to diagnose, treat, cure, or prevent any disease.

Forward-looking statement: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements are identified by wording such as "scheduled (future sense)" "intend(s)", "plan(s)" "expect(s)", "believe(s)" "will" "estimate(s)", "anticipate(s)", "expect(s)", "may", "would", "could" or "should" or, in each case, the negative thereof, other variations thereon, or comparable terminology that implies anticipated future deliverables.  The Company disclaims any obligation or intention to update any forward-looking statement for any reason.

SOURCE Green Cures & Botanical Distribution Inc.

Copyright 2014 PR Newswire

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