Cannabis Attracting Big Business Operators As Multi-Billion
Dollar Cannabis/Marijuana Industry Continues To Swell
Coral Springs, FL -- July 6, 2016 -- InvestorsHub NewsWire
-- Revenue forecasts for the cannabis industry in the United
States continues to skyrocket as more states move towards
legalization and companies develop innovative services and products
to maximize earning potential. More and more big business
entities are becoming involved in the lucrative cannabis sector as
marijuana projects and opportunities explode in U.S.
Freedom Leaf, Inc., (OTC:
FRLF) a budding publishing & multimedia company in the
rapidly growing medical/recreational Marijuana & Industrial
Hemp industry has set up a financial services division that
will include an Incubator/Accelerator to assist companies in the
legal Cannabis/Hemp Industry. It will not only work at
incubating new companies but it will also seek companies to acquire
to add to the growth and reach of Freedom Leaf, Inc., a fully
reporting and audited public company. Jon Doukas a principal
investor in the Cannabis space had this to say: Freedom Leaf is
uniquely positioned in its role as a leading trade publication to
source out those newly emerging start-ups and together with Blue
Moon Consortium to incubate the best and the most promising in the
cannabis space.
Read the full Freedom Leaf (FRLF)
Press Release at: http://financialnewsmedia.com/profiles/frlf.html
Last week, Freedom Leaf, Inc., entered into a Mutual Letter of
Understanding to acquire a legacy specialty apparel
company, www.Hippo-Tees.com. Freedom Leaf CEO,
Cliff Perry stated, The addition of the Hippo-Tees brand and
founder, Jeffrey Axelrods 46 years of merchandising experience
under the Freedom Leaf umbrella fills a necessary purpose for
promotions, branding and marketing. Mr. Axelrod has the experience
to not only manage the T-Shirt line but any product lines that are
required to fulfill our clients and Freedom Leafs needs. In
specialty merchandising, T-Shirts, Polos and Sport shirts represent
$5 billion in sales, far surpassing any other category.
In other industry related news and recent happenings: Terra
Tech Corp. (OTCQX:
TRTC), a vertically-integrated, cannabis-focused agriculture
company, recently announced it has expanded its offering of the
IVXX Vape Product line with the launch of the "Z92" cartridges, the
second line of cannabis oil cartridges. This follows the launch of
the Company's original Z35 cannabis oil cartridge line in April
2016. Terra Tech's pre-filled cartridges are offered in a
variety of cannabis strains which are easy-to-use and are
conveniently designed for vaporizers as well. IVXX Z92 cartridges
have a Tetrahydrocannabinol (THC) content level between 75 to 85
percent compared with the 60 to 68 percent of the Z35s. Made from
local, sustainably grown cannabis that has been cleanly extracted
using supercritical CO2, the oil is lab-formulated for consistency,
and lab-tested for purity and potency. Through its low heat
refinement technique and a unique filtering method, the Company
maintains the natural terpene profile of each strain. There is no
reintroduction of terpenes or flavor enhancers at any time in the
process, as is true with all IVXX products.
CannaSys, Inc. (OTCQB:
MJTK), a leading marketing, branding and technology company
focused on the regulated cannabis industry, closed up over 30% on
Tuesday with over 5.8Mil shares traded by the market close. The
Company announced in late May that it had successfully expanded
into the California market with the adoption of its technology
products by California Cannabis in Playa Vista, Los Angeles.
Synergy has implemented the use of CannaSys loyalty product, BumpUp
Rewards, and plans to expand its offering with CannaSys new social
deals application, CitizenToke. Synergy is the first dispensary in
California to sign up to CannaSys technology suite and is in the
heart of Los Angeles.
In emerging pharma movers: Elite Pharmaceuticals, Inc. (OTCBB:
ELTP), a specialty pharmaceutical company which is developing a
pipeline of proprietary pharmacological abuse-deterrent opioid
products as well as niche generic products, closed up at $0.34 on
over 1.1Mil shares traded by the market close on Tuesday. Elite
owns generic and OTC products which have been licensed to TAGI
Pharma, Epic Pharma and Valeant Pharmaceuticals International.
Elite currently has eight commercial products being sold,
additional approved products pending manufacturing site transfer
and a product under review pending approval by the FDA. Elites lead
pipeline products include abuse-deterrent opioids which utilize the
Companys patented proprietary technology and a once-daily
opioid.
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