Medical Marijuana Product Advancements Propelling Cannabis Industry As Revenues From Sales Forecasted For Exponential Growth

Date : 07/20/2016 @ 8:30AM
Source :InvestorsHub NewsWire
Stock : Medical Marijuana, Inc. (PC) (MJNA)
Quote : 0.1229  -0.0008 (-0.65%) @ 4:31PM

Medical Marijuana Product Advancements Propelling Cannabis Industry As Revenues From Sales Forecasted For Exponential Growth




Medical Marijuana Product Advancements Propelling Cannabis Industry As Revenues From Sales Forecasted For Exponential Growth

 

Coral Springs, FL -- July 20, 2016 -- InvestorsHub NewsWire -- The medical marijuana sector shows no signs of slower growth as more states & Global governments push towards legalization while revenue opportunities continue to steadily rise.  Experts are forecasting medical marijuana revenues to significantly top $20 Billion by the year 2020.

 

New Colombia Resources, Inc. (OTC: NEWC), a Colombian company listed in the U.S., is pleased that Sannabis SAS, their Medical Marijuana joint venture, continues to make headlines.  Sannabis products were showcased at an inaugural event for Caucannabis, Colombias first medical marijuana co-operative that includes 52 Indigenous families that will legally grow medical marijuana.  Caucannabis was formed by mayors of the Department of Cauca, home to Sannabis and Colombias largest marijuana growing region, where 50% of the nations marijuana is grown.  The inauguration made major headlines due the visit from Colombias Ministers of Justice and Health who support this co-operative. To see all the press Sannabis is getting, visit the News page of their new and improved website,http://www.sannabis.co/#!blog/csjb/

 

Read the full New Colombia Resources (NEWC) Press Release at:  http://financialnewsmedia.com/profiles/newc.html

 

Sannabis has been growing medical marijuana and producing high quality, organic products in Cauca since 2014.  In April they hosted the mayors of the Cauca Department at their facilities to be used as a model for the co-op.  Sannabis is increasing their production to satisfy the demand for medical marijuana medicines, the addition of the co-op will add to the Sannabis supply chain. The Sannabis portfolio of medical products has a first to market advantage which is causing huge international demand and Sannabis is fielding interest for their products from all over the World.  We expect to be the first ones with significant products to export that are Made in Colombia, we have experts in marijuana cultivation from Colorado and Washington on their way to Cauca by the end of the month to teach the indigenous community U.S. techniques and vice versa, stated John Campo, President of New Colombia Resources, Inc.  Mr. Campo was recently interviewed by Stock Traders Talk Radio; an archived recorded version can be found on the homepage of Stock Traders Talk atwww.stocktraderstalk.com

 

In other cannabis/marijuana news and developments:  Worldwide the number of people living with diabetes has reached 422 million, and if the current trend continues, over 700 million people are expected to be living with diabetes by 2025. Diabetes has clearly become a healthcare crisis on a global scale, and PharmaCyte Biotech (OTC: PMCB) (OTCQB: PMCB) recently received some good news in the form of patent protection that will help the company do its part in bringing a treatment to tens of millions of these patients.  PharmaCyte recently learned from the U.S. Patent and Trademark Office (USTPO) that it now has 20 years of patent protection in the United States for the "Melligen" cells that are a part of the company's therapy for Type 1 and insulin-dependent Type 2 diabetes. The timing is perfect because the same research that laid out the dramatic rise in the numbers of people affected by diabetes, also found that the global cost of diabetes has ballooned to $825-billion per year.

 

Oxis International Inc. (OTC: OXIS) (OTCQB: OXIS) announced that the company's innovative cancer therapies will be profiled on Fox Business Network onSunday, July 24, at 12:30 p.m. Eastern time.  Anthony J. Cataldo, chief executive of Oxis, discussed the company's drugs for the treatment of cancer and other unmet medical needs on the program Worldwide Business with Kathy Ireland.

 

Rocky Mountain High Brands, Inc. (OTC: RMHB) announced recently that the Company will go on tour as a sponsor to the red-hot Oklahoma-based country influenced rockers, Hillbilly Vegas. The three-year sponsorship agreement will include product promotional support at concert events, photo shoots, distribution of promotional items, music content, promotional appearances and a vehicle wrap of the band's 42 ft. tour bus.

 

Medical Marijuana, Inc. (OTC: MJNA) announced earlier this month that the Paraguay government has issued a new import permit for the Company's flagship product Real Scientific Hemp Oil (RSHO) for a new patient in the country. The Company also announced its plans to further expand into Latin America as the cannabis industry continues gaining ground in the region and as demand for its products increase.  The Paraguay government granted the country's first-ever import permit for RSHO in May 2016, which marked the third country in Latin America, after Brazil and Mexico to approve Medical Marijuana, Inc.'s cannabidiol (CBD) hemp oil for indications including epilepsy, Parkinson's disease and chronic pain. RSHO also has 12 medical product registrations in Puerto Rico.

 

 

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DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated one thousand nine hundred dollars for news coverage of the current press release issued by New Colombia Resources by the Company,  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

 

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