Cannabis Stocks Display Robust Growth Through Innovation
- New Marijuana Transport Packaging System Unveiled
Coral Springs, FL -- November 3, 2016 -- InvestorsHub NewsWire
-- With increased momentum in the legal marijuana operations market
due to the quickly approaching elections in the US and other
economic and environmental factors, operators in the cannabis
industry continue to capitalize on the evolving opportunities
presented in the form of advanced innovation, leading edge products
and emerging services. Companies in focus this week in the
markets include: Marijuana Company of America, Inc. (OTC:
MCOA), Sugarmade, Inc. (OTC: SGMD), Medical Marijuana, Inc. (OTC:
MJNA), mCig, Inc. (OTC: MCIG) and Cannabis Science, Inc. (OTC:
CBIS).
Sugarmade, Inc. (OTC Pink: SGMD) today announces its
CannaShroud cannabis transport packaging system specifically
designed to allow for discrete and protected transportation of
cannabis. The product is available immediately for vendor
orders at the Companys new website, www.CannaShroud.com, and will be stocked in local
dispensaries and hydroponic supply stores and will be available to
consumers online over the coming months. With more than a
decade in the packaging business, CannaShroud is a product line we
are very well equipped to deliver to the growing cannabis
marketplace, commented CEO Jimmy Chan. We designed this product in
conjunction with legal growers and dispensary personnel to solve
their specific needs to improve transport security and
discretion. We are already taking orders for the
products.
Read the full SGMD press release at: http://marketnewsupdates.com/news/sgmd.html
CannaShroud is a two-piece cannabis transport packaging
system. The inner liner is polyethylene with a unique dual
zip lock that seals air from entering the package and seals in the
odors from contents, all while optimizing moisture
preservation. The liner is specifically designed to prevent
airflow, while not being so thick that it becomes difficult to load
materials or to handle. The liners are sized to exactly fit
the outside carton, which makes up the second section of the
packaging. The cartons are discretely labeled with generic
shipping labels or are blank as not to reveal the contents being
shipped. CannaShroud will be available in four sizes to suit
the specific shipping needs of the growing cannabis industry.
Other top performers and operators of note in the markets:
Marijuana Company of America, Inc. (OTC Pink: MCOA) closed
up big on Wednesday over 71% jump to close at $0.119 on
over 47.3 Million shares traded by the market close.
Marijuana Company of America operates as a marijuana marketing and
distribution company. It intends to distribute a range of
marijuana, CBD, and related products in the United States and
internationally.
Medical Marijuana, Inc. (OTC Pink: MJNA) also had a big day
of trading on Wednesday closing at $0.2299 a 44% increase
trading over 124.9 Million shares by the market close.
Medical Marijuana, an investment holding company, operates in the
medical marijuana and industrial hemp markets. Its products range
from patented and proprietary based cannabinoid products to seed
and stalk or isolated high value extracts manufactured and
formulated for the pharmaceutical, nutraceutical, and cosmeceutical
industries.
mCig, Inc. (OTCQB: MCIG) closed up over 35% at $0.1666
trading above the normal daily average of over 15.2 Million shares
traded by the market close. mCig Inc., a diversified company
servicing the legal cannabis, hemp and CBD markets via its
lifestyle brands. MCIG has transitioned from a vaporizer
manufacturer to industry leading large scale, full service cannabis
cultivation construction company with its Scalable Solutions
division currently operating in the rapidly expanding Nevada
market.
Cannabis Science, Inc. (OTC Pink: CBIS) closed over 18% at
$0.0651 on over 76.3 Million shares traded by the market
close. CBIS, a U.S. company specializing in the development
of cannabis-based medicines, announced yesterday the pharmaceutical
development of two new medications for pain relief for
self-medicating patients with Diabetic Neuropathy Nerve pain and
Fibromyalgia.
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party
publisher and news dissemination service provider, which
disseminates electronic information through multiple online media
channels. MNU is NOT affiliated in any manner with any
company mentioned herein. MNU 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. MNU'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. MNU 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 MNU has been compensated three thousand six
hundred dollars for news coverage of the current press release
issued by Sugarmade, Inc. by a non-affiliated third party.
MNU 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 MNU undertakes no
obligation to update such statements.
Contact Information:
Media Contact
email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com