Cannabis Sector's High Volume Trading Report - Company Enters Into Agreement with a Colorado Marijuana Facility Developer
CORAL SPRINGS, Florida, February 26, 2014 /PRNewswire/ --
Cannabis pioneers make advancements as sector continues to attract growing investor interest: DirectView Holdings, Inc. (OTC: DIRV), Growlife, Inc. (OTCBB: PHOT), GW Pharmaceuticals plc (NASDAQ: GWPH), Hemp, Inc. (OTC: HEMP) and Dewmar International BMC, Inc. (OTC: DEWM).
DirectView Holdings, Inc. (OTC: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that its wholly owned subsidiary DirectView Security has entered into a preferred provider agreement with Legacy Construction Company of Colorado, LLC ("Legacy"). As part of the agreement DirectView Security will become Legacy's security provider of choice for their retail and marijuana facility construction projects and Legacy will direct all of their current and future clients to DirectView Security for their video surveillance and security needs. Legacy has over fifteen years of experience and expertise in commercial general contracting with specific experience in the retail and medical marijuana industry. Legacy holds a Class A general contractors license in six states including Colorado, Wyoming, Nevada, New Mexico, Utah, and Arizona. Legacy has completed projects ranging from 2,000 square foot dispensaries and retail sales centers, to medium size grow facilities (approximately 8,000 square feet), to large grow facilities (approximately 20,000 square feet). Legacy is currently working on a potential project that would be one of the largest grow facilities in Colorado at 68,000 square feet.
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DirectView Security currently provides an array of video and surveillance solutions for customers that include major international hotels, real estate development companies, and educational institutions. The Company sees this agreement as an important first step in establishing a foothold in this fast growing industry.
Growlife, Inc. (OTCBB: PHOT) a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis is pleased to announce that shares sufficient to constitute a quorum under the Company's Bylaws were present either in person or by proxy at the February 7, 2014, special meeting of shareholders and, therefore, the Company transacted business. The preliminary voting results indicate 506,035,500 shares of the common stock of the Company voted in favor of the proposal. This represents 88.2% of the shares entitled to vote on the sole proposed item, which was an amendment of the Company's Certificate of Incorporation increasing the number of shares of common stock the Company is authorized to issue from 1,000,000,000 to 3,000,000,000.
GW Pharmaceuticals plc (NASDAQ: GWPH) a biopharmaceutical company, together with its subsidiaries, is engaged in discovering, developing, and commercializing cannabinoid prescription medicines. The company operates through three segments: Sativex Commercial, Sativex Research and Development, and Pipeline Research and Development. The company primarily offers Sativex, an oromucosal spray for the treatment of MS symptoms, cancer pain, and neuropathic pain. It also focuses on the Phase III clinical development program of Sativex for use in the treatment of cancer pain. In addition, the company's product pipeline includes an orphan childhood epilepsy program, as well as other product candidates in Phase I and II clinical development for the treatment of glioma, ulcerative colitis, type-2 diabetes, and schizophrenia. It has a strategic alliance with Otsuka Pharmaceutical Co., Ltd. On Tuesday. GWPH closed up .50% on over 235,000 shares traded.
Hemp, Inc. (OTC: HEMP) news: Greene Concepts, Inc. (OTC: LKEN) announced that it has signed a professional consulting services agreement with The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), a wholly-owned subsidiary of Hemp, Inc. By joining forces with Hemp, Inc., LKEN expects to bring additional sources of hemp-based products, including hemp-based ink, hemp paper and related products, to its hemp-centric website, The Hemp Exchange (http://hemp-x.com). Lenny Greene, CEO of Greene Concepts, Inc., said, "This agreement with Hemp, Inc.'s consulting company is an intellectual force within the hemp industry and immediately brings The Hemp Exchange to a national level. Our fully integrated multi-platform B2B and B2C exchange will, through our relationship with Hemp, Inc., be more strongly positioned to serve as the hub of the U.S. Hemp industry."
Dewmar International BMC, Inc. (OTC: DEWM) a leading provider of consumer brands to global markets announced that it has received an official certification as a Service-Disabled Veteran-Owned Small Business Concern (SDVBOC). According to, Dr. Charles Achane, the President of the Louisiana Veterans Business Outreach Center(LVBOC), Dewmar, by way of Dr. Marco Moran being a major shareholder, met all of the requirements of the Small Business Act 15 USCS, Section 632 and Federal SBA Regulations 13 CFR Parts 121 and 124 -- and 13 C.F.R. 125.8 -- 125.10 as an official Veteran Business Enterprise (VBE). "I plan to work closely with Dr. Moran over the next few weeks to introduce him to beverage procurement directors at two of the largest military bases in the state of Louisiana -- Barksdale Air Force Base in Bossier City, LA and Fort Polk Army Base in Leesville, LA," said Dr. Charles Achane.
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