BOULDER, CO--(NewMediaWire - Nov 1, 2017) - MediJane Holdings,
Inc. ("MediJane") a publicly-traded company (OTC PINK: MJMD),
previously operating as a wholesaler and product distribution
company within the legalized cannabis industries, is pleased to
announce that it will become Blue Dragon Ventures, Inc. ("Blue
Dragon").
MediJane was originally founded to leverage intellectual
property within the legal medical cannabis industry. Recently,
after completing construction of a full spectrum industrial hemp
cannabinoid extraction, soft gel production and packaging facility
in conjunction with Phoenix Life Sciences, Inc and its note holder,
several of the team members decided to expand the opportunity for
MediJane stockholders.
The National CBD Laboratory is designed to service 250,000
patients per month with bottles of soft gel capsules containing
phytocannabinoid rich hemp extracts. These soft gels are a daily
supplement for health and wellness and are available now
through Panacea Life Labs website. Blue Dragon intends to
leverage the production from this facility to distribute MediJaneRX
branded products, as well as become a leading distributor for
Panacea Life Labs. Extending from this, Blue Dragon has positioned
itself to develop a network of production facilities for a series
of brands to be operated by licensed operators.
Blue Dragon Ventures intends to focus on key segments of the
legalized cannabis industry in the United States of America. Now
with 29 states that have legalized medical marijuana, 8 states plus
Washington D.C. with recreational marijuana now legalized, it is
the time where the industry needs strong infrastructure and
incubation services to support national expansion. Blue Dragon
intends to launch an online marketplace to allow dispensaries to
source new and innovative products for their patients.
As the Company executes on its current plans involving industry
repositioning, expansion, acquisitions and a greater access to the
capital markets, several new appointments are expected to be
announced. Lewis Humer, Chairman of MediJane, said, "It certainly
has been a tough few years. That said, we have amassed a great
network of partners and we have learned a lot. Although it has
taken time to be in a position to re-launch the company, we will
now be able to do so with a set of tools that will allow the
Company to generate greater revenue through client referrals and
product placement. I look forward to leading the charge to a new
future for the cannabis industry with Blue Dragon Ventures."
About Blue Dragon Ventures. (OTCMarkets:
MJMD)
Blue Dragon is a full service incubation and infrastructure
company, focused on key segments of the legalized cannabis industry
in the United States of America. There are currently 29 states that
have legalized medical marijuana, along with Alaska, California,
Colorado, Maine, Massachusetts, Nevada, Washington and Washington
D.C. with legal recreational marijuana. It is the time where the
industry needs strong infrastructure and incubation services to
support national expansion. Blue Dragon, its network and its
portfolio are constantly seeking to fill this need to support
patient and consumer care.
For more information,
visit http://www.bluedragoncannabis.com