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.