May 29, 2014, 9:01 a.m. EDT
Medical Marijuana Industry Looks to Stabilize as Cannabis Operations Forge Ahead - Company Continues Expansion with New Colorado Office as Regional Hub for Surveillance and Security Solutions
CORAL SPRINGS, Florida, May 29, 2014 /PRNewswire via COMTEX/ -- CORAL SPRINGS, Florida, May 29, 2014 /PRNewswire/ --
Medical marijuana advancers execute internal and external plans in order to boost performance as the industry seeks to balance out: DirectView Holdings, Inc. DIRV +3.95% , Creative Edge Nutrition, Inc. FITX +14.70% , Medical Marijuana, Inc. MJNA +0.54% , Nuvilex, Inc. NVLX +9.80% and Terra Tech Corp. TRTC +8.51%
DirectView Holdings, Inc. (otcqb
IRV), a company focused on the ownership and management of leading video and security technology companies, today announced that its wholly owned subsidiary, DirectView Security, has acquired office space in the Denver suburb of Englewood to serve as a regional hub for its security and surveillance business. The office will help to support the expansion of regional marketing efforts for the Company's video surveillance and security solutions catering to the cannabis industry. The Company's new office is located inside the Legacy Construction Company of Colorado's offices in Englewood. DirectView intends to use the office primarily to promote the company's products, services and comprehensive security solutions to local and regional marijuana dispensaries and grow facilities. The Company provides a full set of products and services designed to comply with various local and state government security and surveillance mandates for the cannabis industry and intends to work closely with the staff at Legacy Construction to provide expert security consultation, design and installation its line of products and services. Management believes the establishment of this physical presence in Colorado will enable the company to capitalize on the growing number of opportunities in the region's cannabis industry as well as offer additional marketing opportunities to other corporate clientele for its video surveillance and security, alarm monitoring, and access control solutions.
To read the full DIRV press release, please click here: http://fnmprofiles.com/profiles-dirv.html
Commenting on the announcement, Roger Ralston, CEO and Chairman of DirectView, stated, "We are excited to open this Colorado office as we step up our marketing efforts to the rapidly growing cannabis industry. Both growers and dispensaries of marijuana have extensive state and local government compliance requirements when it comes to security and DirectView is perfectly positioned to provide all aspects of their security needs.
Creative Edge Nutrition, Inc. (otc pink:FITX) recently announced that it has elected Dr. M. Kerry O'Banion, M.D., Ph.D. to its Board of Directors. Dr. O'Banion is an internationally recognized scientist specializing in brain inflammation, epilepsy, brain radiation, and many neurological disorders. A veteran, in neuroscience, Dr. O'Banion's current research focuses upon pro-inflammatory cytokines and lipid mediators in traumatic brain injury, Alzheimer's disease, radiation injury, and psychiatric illnesses. "We are very fortunate to welcome such a respected industry leader to serve on our Board," stated Bill Chaaban, President and CEO. "Dr. Obanion brings both clinical knowledge and business acumen to CEN Biotech. He has his finger on the pulse of cutting edge treatment for patients living with neurological conditions and will undoubtedly be a critical resource for our development and use of providing ground breaking medicinal cannabis solutions."
Medical Marijuana, Inc. MJNA +0.54% operates in the medical marijuana and industrial hemp markets. Its products range from patented and proprietary based cannabinoid products to seed and stalk or isolated high value extracts manufactured and formulated for the pharmaceutical, nutraceutical, and cosmeceutical industries. The company's services include development of cannabinoid based health and wellness products; and development of medical grade compounds; and licensing of proprietary testing, genetics, labeling and packaging, tracking, production, and standardization methods for the medicinal herb industry. On Wednesday, MJNA closed up .54% on over 2.8 million shares traded.
Nuvilex, Inc. (otcqb:NVLX), a clinical-stage international biotechnology company providing cell and gene therapy solutions for the treatment of diseases, announced today that its CEO and President, Kenneth L. Waggoner, will be a featured presenter at the Third Annual Marcum MicroCap Conference on Thursday, May 29, 2014 in New York City at the Grand Hyatt Hotel. The Company's presentation by Mr. Waggoner is scheduled to begin at 3:30 p.m. EDT. The annual Marcum MicroCap Conference is a signature showcase for superior quality, under-followed public companies with less than $500 million in market capitalization. For more information or to register, visit the conference website at http://www.marcumllp.com/microcap or download the free official conference app for the iPhone and iPad or for Android mobile devices in Apple's App Store and the Google Play Market.
Terra Tech Corp. (otcqb:TRTC) is engaged in the design, marketing, and sale of hydroponic equipment in the United States. The company integrates hydroponic equipment with proprietary technology to create sustainable solutions for the cultivation of indoor agriculture. It offers portable hydroponic trailers, and The Big Bud and Little Bud, which are custom fabricated proprietary cultivation systems; magnetic ballasts, cultivation tents, digital atmospheric controllers, and recycling timers, as well as a line of nutrients; and hydroponic produce. On Wednesday, TRTC closed up 8.51% on over 5.5 million shares traded.
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