With so many states passing medical marijuana laws
Post# of 2155
Posted On: 12/11/2014 9:25:20 AM
Re: MattySimone #1313
With so many states passing medical marijuana laws I can't help but think how huge the potential is for mCig CBD Technologies, LLC. Here are some highlights from the press release dated Sept 30, 2014:
mCig has formed a 100% owned subsidiary: mCig CBD Technologies, LLC. in the state of Colorado for the purpose of designing and manufacturing a new line of products that will leverage the VitaCig technology for delivery of Cannabis plant derivatives. The Cannabis plant is a unique source of over 70 cannabinoid molecules of which only THC is known to cause psychoactive effects. Cannabinoids such as Cannabidiol (CBD) have shown to have positive medicinal effects on various hard-to-treat diseases such as epilepsy.
This new line of products will be named: "mCig+" and will include pre-packaged devices that look similar to the company's VitaCig(R) line of products. These products will only be sold to licensed distributors and dispensaries in jurisdictions around the world where the consumption of Cannabis and Cannabidiol is permitted.
"We are extremely excited to be entering yet another frontier market. We believe to have identified an opportunity to apply our experience in mobile vaporization in applications for the delivery of cannabis plant derivatives and molecules. There is currently a massive effort underway globally by biotechnology companies and scientific research institutions to explore and understand the ultimate potential of the cannabis plant. This push has already yielded some important results such as those witnessed for Dravet syndrome, a rare form of intractable epilepsy. We believe that our products and brand recognition provide us with a commercial opportunity to manufacture and distribute pre-packaged devices with various cannabis plant molecules such as CBD, CBC, THC, CBG, CBN, THCV, CBDV, CBDA, and many others. We have already completed an initial round of testing utilizing CBD and THC that have successfully administered these molecules utilizing our vaporization technology," said Paul Rosenberg, CEO of mCig, Inc.
http://finance.yahoo.com/news/mcig-r-inc-form...25644.html
mCig has formed a 100% owned subsidiary: mCig CBD Technologies, LLC. in the state of Colorado for the purpose of designing and manufacturing a new line of products that will leverage the VitaCig technology for delivery of Cannabis plant derivatives. The Cannabis plant is a unique source of over 70 cannabinoid molecules of which only THC is known to cause psychoactive effects. Cannabinoids such as Cannabidiol (CBD) have shown to have positive medicinal effects on various hard-to-treat diseases such as epilepsy.
This new line of products will be named: "mCig+" and will include pre-packaged devices that look similar to the company's VitaCig(R) line of products. These products will only be sold to licensed distributors and dispensaries in jurisdictions around the world where the consumption of Cannabis and Cannabidiol is permitted.
"We are extremely excited to be entering yet another frontier market. We believe to have identified an opportunity to apply our experience in mobile vaporization in applications for the delivery of cannabis plant derivatives and molecules. There is currently a massive effort underway globally by biotechnology companies and scientific research institutions to explore and understand the ultimate potential of the cannabis plant. This push has already yielded some important results such as those witnessed for Dravet syndrome, a rare form of intractable epilepsy. We believe that our products and brand recognition provide us with a commercial opportunity to manufacture and distribute pre-packaged devices with various cannabis plant molecules such as CBD, CBC, THC, CBG, CBN, THCV, CBDV, CBDA, and many others. We have already completed an initial round of testing utilizing CBD and THC that have successfully administered these molecules utilizing our vaporization technology," said Paul Rosenberg, CEO of mCig, Inc.
http://finance.yahoo.com/news/mcig-r-inc-form...25644.html
(0)
(0)Bots Inc. (BTZI) Stock Research Links
Scroll down for more posts ▼