MarketNewsUpdates.com: Rise in Innovative Cannabis Services Including Travel Experiences Providing New Revenue Opportunities
January 19 2017 - 10:11AM
InvestorsHub NewsWire
NEWS PROVIDED
BY MarketNewsUpdates.com
PALM BEACH - Florida, January 19, 2017
The cannabis industry continues to grow into a multi-billion dollar
segment of the economy while innovators and investors are finding
ways to capitalize off the momentum with new products and services
for producing significant revenue streams. Cannabis companies
in focus in the market include: Cannabis Science, Inc. (OTC:
CBIS), Marijuana Company of America, Inc. (OTC:
MCOA), Rocky Mountain High Brands, Inc. (OTC: RMHB), Puration,
Inc. (OTC:
PURA).
ML Capital Group (Trading on the OTC Market
under the symbol MLCG)
today announced a preliminary $1
million 2017 sales forecast. Management has
published an online presentation detailing the forecast that is
based on: Current annual sales
approaching $400,000 annually; Record 2016 fourth quarter
sales performance, and Entry into Cannabis Tourism through a
pending acquisition. Read this and more news for ML Capital
Group at http://marketnewsupdates.com/news/mlcg.html.
The Company recently announced record sale performance for the
fourth quarter of 2016. The Company also recently announced
its entry into the cannabis sector through the pending acquisition
of Spanish Peaks ScrumpDelicacies and a corresponding partnership
with Puration, Inc. (OTC:PURA).
In a presentation published today, management details a
preliminary $1 million 2017 forecast based on its
introduction of a Cannabis Tourism offering on top of the ongoing
growth from its existing luxury tourism
business. View the entire MLCG forecast presentation
at this link: MLCG
2017 LUXURY TOURISM SALES FORECAST TO INCLUDE NEW CANNABIS
TOURS.
In other sector related activity, market performance and recent
developments:
Cannabis Science, Inc. (OTC: CBIS) closed up
over 17% on Wednesday trading over 118 Million shares by
the market close. The Company works with leading experts in
drug development, medicinal characterization, and clinical research
to develop, produce, and commercialize novel therapeutic approaches
for the treatment for illnesses caused by infections as well as for
age-related illness.
Marijuana Company of America, Inc. (OTC:
MCOA) closed up at $0.07 trading over 22 Million
shares by the market close. Marijuana Company of America is a
publicly traded company headquartered in Southern California.
MCOA will distribute marijuana and products related to marijuana as
well as CBD and hemp, using a variety of marketing approaches to
distribute on a global basis.
Rocky Mountain High Brands, Inc. (OTCQB:
RMHB) closed up over 5% on Wednesday trading over 9
Million shares by the market close. Rocky Mountain High
Brands, a fully reporting consumer goods company specializing in
hemp-infused food and beverage products and a naturally high
alkaline water announced this week a February launch of its
powerful GPS based geofencing software advertising system in
the Los Angeles market.
Puration, Inc. (OTC:
PURA) closed up over 25% on Wednesday trading over
8.9 Million shares by the market close. PURA recently
announced plans for the official launch its EVERx Cannabinoil (CBD)
Infused Water at a major industry trade show in March 2017.
Working with Alkame Holdings' (ALKM) wholly owned subsidiary Xtreme
Technologies, PURA has developed the EVERx CBD Infused Sports Drink
with 10 mg of CBD in a 16.9 oz bottle
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