Cannabis Innovative Fulvic & Humid Acid To Boost
Unique Revenue Potentials For Multi Billion Dollar Medicinal &
Recreational Marijuana Industry
Coral Springs, FL -- August 23, 2016 -- InvestorsHub
NewsWire -- As cannabis and legal marijuana operations
continue to gain momentum across the globe, companies and investors
are turning to South America as a potentially lucrative operating
market for the newest and most innovative products &
operations. The Cannabis / Legal Marijuana Industry has recently
seen a surge again in activity as new companies are emerging with
new and innovative products and services. The markets have seen the
latest movers in the industry to include South American Gold Corp
(OTCPink:
SAGD), Canna Security America (OTC:
CSAX), GrowLife, Inc. (OTC
Pink: PHOT), Terra Tech Corp. (OTCQX:
TRTC) and Rocky Mountain High Brands, Inc. (OTC
PINK: RMHB).
South American Gold Corp (OTC:
SAGD) signed an agreement to become the exclusive South
American distributor of Microbial Mojo GoGo, an agreement that the
company estimates could easily lead to over one million dollars in
new revenue to the company.
Read the full SAGD Press Release at: http://financialnewsmedia.com/profiles/sagd.html
Microbial Mojo GoGo is a unique liquid fulvic and humic acid
extracted through a patented process. This unique extraction
process amplifies the known effectiveness of liquid humic acids on
plant growth by leaving the naturally occurring growth hormones
intact. The product can deliver a physiological response in plants
that can be seen in as little as 30 minutes after foliar
application and growth responses that can be seen with the naked
eye in as little as 24 hours. This agreement is an important step
in implementing our strategic plan to become the exclusive
distributor of high-value products which have shown the ability to
develop high returns on investment to cannabis cultivators
throughout South Americas growing rapidly expanding market, said
SAGDs CEO, Cynthia Berain.
While we will launch our distribution efforts in Uruguay, we
believe that other countries in the region will continue making
moves to further liberalize their cannabis laws, continued Ms.
Berain. By signing this exclusive distribution agreement for all of
South America weve positioned ourselves strategically to benefit
from this anticipated growth into more populous markets in the
region.
In other cannabis/marijuana operations developments of note in
the markets:
Canna Security America (OTC:
CSAX) closed up over 8% yesterday at $0.065 on above average
daily trading volume. CSAX recently entered into an amended and
restated settlement with its now-former Chief Executive Officer
(CEO), Dan Williams. The settlement, which includes Williams'
resignation as CEO, also paved the way for new ownership from three
investment groups who now own 50.19% of the Company, as reported in
CSA's 8-K filing [JH1] of August 18, 2016. Capitalizing on the
momentum created with the new ownership, and the vision of the
board, CSA also acquired Colorado-based physical security firm, Big
Al's Security (Big Al's).
GrowLife, Inc. (OTC:
PHOT) closed even on the day yesterday at $0.0095 on just over
3.6Million shares traded by the market close. PHOT is a cultivation
service provider for cultivating organics, herbs and greens and
plant-based medicines. Through a nationwide network of local
representative, regional centers and its e-Commerce team, GrowLife
provides essential goods and services including media (farming
soil), industry-leading hydroponics equipment, plant nutrients, and
thousands more products to specialty grow operations.
Terra Tech Corp. (OTC:
TRTC) closed down 4% yesterday on slightly above 2.8Million
shares traded by the market close. TRTC, a vertically integrated
cannabis-focused agriculture company, recently announced its second
quarter 2016 financial results for the period ending June 30, 2016.
Derek Peterson, CEO of Terra Tech, commented, "We reported record
revenues of $9.7 million in the second quarter of 2016,
representing an increase of 93% compared to the prior year period.
This excellent result was primarily driven by higher cannabis sales
from our two new Blum dispensaries in Oakland, California, and Las
Vegas, Nevada. In addition, our overall gross margins also grew
from 5% to 17% year-over-year. This was the first reporting period
that our top-line results benefited from our brick-and-mortar
retail store locations and we are very pleased with the traction
our dispensaries have generated. We expect to experience further
benefits from our vertically-integrated, seed-to-sale structure,
such as improved margins and better brand recognition in the
market, as our retail operations scale. Looking ahead to the second
half of 2016, we will open a further three Nevada-based
dispensaries by the end of the summer season, including our next
location at 3650 South Decatur Boulevard, Suite 6 & 7, Las
Vegas, Nevada, which will host its Grand Opening later this week,
on August 20th, 2016.
Rocky Mountain High Brands, Inc. (OTC:
RMHB) announced last week that it has entered into an agreement
with Water Event Pure Water Solutions (Water Event) of Carrollton,
Texas to provide multiple services on behalf of the Company with
both its Eagle Spirit Spring Water and its Rocky Mountain High
Beverages. ROCKY MOUNTAIN HIGH BRANDS, INC., is a consumer goods
company specializing in brand development of health conscious,
hemp-infused food and beverage products.
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