VENICE, Fla., September 18, 2014 /PRNewswire/ -- Flameret (OTC: FLRE) announced today that it will launch Cannasone™, a hemp cream rich in CBD (cannabidiol) within about one week. The company recently announced the launch of Cannadol™ (high CBD hemp oil) and also confirmed that the company is now shipping orders for Cannadol™

The skincare cream will be sold in 8oz bottles through its wholly-owned subsidiary Royal Hemp Corporation. Each 8oz bottle of Cannasone™ will be infused with 200mg of CBD (cannabidiol) derived from industrial hemp. The company is currently restricting sales geographically, to the United States only. The product will be marketed through Royal Hemp Corporation, the company's recently formed Colorado wholly-owned subsidiary. 

A study published in September 2013 in the British Journal of Pharmacology detailed how cannabinoids (CBD "cannabidiol is a cannabinoid) can potentially play a role in the treatment of diseases. Researchers looked at the impact of phytocannabinoids (plant derived cannabinoids) on the epigenetic regulation of skin differentiation genes. Further scientific studies are required.

Scientific and clinical studies continue to emphasize CBD's potential (although unproven through scientific studies) as a possible treatment for a wide range of conditions, including rheumatoid arthritis, diabetes, alcoholism, MS, chronic pain, schizophrenia, PTSD, antibiotic-resistant infections, epilepsy and other neurological disorders. CBD has demonstrated neuroprotective and neurogenic effects, and its anti-cancer properties are currently being investigated at several academic research centers in the United States and elsewhere. However, none of the statements regarding Cannasone™ or the potential therapeutic benefits of cannabidiol have been evaluated by the FDA.

John Meredith, Chief Executive Officer of Flameret, Inc. remarked, "We are thrilled that we can deliver this news to the marketplace. Flameret already has an exciting product available for sale in our high CBD hemp oil and we are cautiously optimistic about the commercial potential of Cannasone. We are now one of only a handful of companies in the world selling hemp oil rich in CBD."

Mr. Meredith added, "We expect many calls from our shareholders and investors throughout the world asking about sales estimates on Cannasone™. Although we expect significant interest, we will not provide any sales estimates at this time."

About Flameret

Flameret, Inc. has developed fire retardant products to suit a wide range of applications. These products are marketed under the brand names; Flameret, Flamex, Ultra Flamex and Impex. Flameret™ products are patented and held in the name of United American Inc.

The company is also in the process of launching a new line of products derived from industrial hemp. These products will be marketed under a wholly-owned subsidiary of Flameret, Inc.

About Royal Hemp Corporation

Royal Hemp Corporation is a Colorado corporation which was created to market and sell hemp based nutraceuticals, industrial products and consumer goods in the United States and throughout the world. All of the corporation's products will be legal to sell in all states in the United States and in many countries throughout the world.

The press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to the Company's development program and any other statements that are not historical facts. Such statements involve risks and uncertainties, including, but not limited to, those risks and uncertainties relating to difficulties or delays in development, testing, regulatory approval, production and marketing of the Company's products, the uncertainty of patent protection for the Company's intellectual property or trade secrets, and the Company's ability to obtain additional financing. Such statements are based on management's current expectations, but actual results may differ materially due to various factors, including those risks and uncertainties mentioned or referred to in this press release.

Contact: John Meredith: jwsmeredith@aol.com

SOURCE Flameret, Inc.

Copyright 2014 PR Newswire

Flameret (PK) (USOTC:FLRE)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Flameret (PK) Charts.
Flameret (PK) (USOTC:FLRE)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Flameret (PK) Charts.