Calgary, Alberta, June 02, 2017 (GLOBE NEWSWIRE) -- Novation Holdings Inc., (OTC PINK SHEETS -NOHO), (the "Company"), unveiled a preview of their Cannabis Market offering today at www.uscanafy.com.
NOHO CEO Michael Gelmon explains: We are positioned in 2 of Wall Street’s Hottest Sectors: FinTech and Alternative Lending, and have pointed our marketing sites directly at 3 of the fastest growing market sectors: Medical, Dental and Cannabis by offering access to $50,000 of business finance, and the speediest connection to 100’s of lenders in exchange for a software that provides this and more, for a fraction of the benefit!
High Gross Margin related to software sales, Low Operating Cost and zero carrying cost of inventory have positioned Novation for rapid growth. Michael Gelmon CEO of Novation Holdings, Inc. stated, “According to Cowen and Company last year, the medical marijuana market is expected to grow to $50 billion by 2026, but the real money is in picks and shovels. Just like the California Gold Rush, when it wasn’t the people digging for gold who got rich but rather the businesses who supplied those people, it’s the businesses that supply marijuana-related businesses, like our credit and finance platform, that are making the most money from the industry market.”
About Novation Holdings, Inc.
Novation announced last month, it is offering its technology to Healthcare providers nationwide to include: medical and dental related offices. General Practice, podiatry, ENT, dermatology, home healthcare companies, rehab clinics, etc. stating it as one of the fastest growing markets in the US. Health care occupations will add 2.3 million jobs in the next 7 years, more than any other growth sector.
Cautionary Statement Regarding Forward-Looking Statements
Statements contained herein that are not based upon current or historical fact are forward- looking in nature and constitute 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 forward-looking statements reflect the Company’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target”, “intend” and “expect” and similar expressions, as they relate Novation Holdings Inc, its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
Contact Name: Michael Gelmon Address: 5005 Elbow Drive, Southwest Calgary, AB, T2S 2T6, Canada Phone: 403-988-2005 Email: mgelmon@telusplanet.net
