iMD Companies enters $65,000,000 Legal CBD Market
Post# of 288
PR Newswire PR NewswireOctober 19, 2016
Company expanding product line for Online Portal www.imdmeds.com
PLACERVILLE, CA, Oct. 19, 2016 /PRNewswire/ - iMD Companies, Inc. (ICBU) are pleased to announce that the company prepares to launch a complete line of CBD Protein bars and looks to secure a source for high CBD Hemp flour from MediaTechnics Corp (MEDT) to be sold online and through distribution channels.
High CBD Hemp Flour provides protein, dietary fiber, trace minerals and vitamins as well as unsaturated fat, carbohydrates, and contains a high percentage of Cannabidiol (CBD) with no measurable THC. It is legal in 50-States as a food product.
"iMD Companies has been positioning the company in preparation for the expanding CBD market for the last two years. The company is focusing its attention and resources into increasing our online presence for our websites and distribution channels for our new products," stated Richard Wilson, CEO of IMD Companies Inc.
iMD Companies plans to announce completion of $100,000,000 plus revenue producing asset acquisition by the end of the month.
About iMD Companies, Inc.
iMD Companies, Inc., (ICBU) is a Florida corporation, engaged in the manufacturing and distribution in the hydroponics industries and asset accumulations of revenue producing companies. The company is positioned to be a holding company for acquisitions in the medical, mining and hydroponics industries. Acquisitions in those areas are R-Quest Hydroponics from Anything Technologies Media (EXMT). The company and the principals of the management team have extensive backgrounds in finance, manufacturing, marketing and distribution. ICBU's goal is to create and increase shareholder value by tactically growing our core Hydroponics business while strategically seeking to acquire new business and create other business alliances, which generate increased revenues and earnings.
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements
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