TAMPA, Fla., Nov. 15, 2016 /PRNewswire/ -- PPJ Healthcare Enterprises, Inc. (OTC Pink: PPJE) announced today that it has undertaken a new plan in the making and distributing of marijuana edibles in a massive scale since California is now approved for recreational marijuana and Florida, the Company's home state, has been approved for medical marijuana.
"California being approved for recreational use and PPJE being the only public Company registered in the State, we feel we have huge advantages on this new era in business. We have tested and learned how to prepare edibles such as cookies, cupcakes, honey, ketchup, mayonnaise and many other food items using marijuana. We will now put our full attention in creating the Company's plans to expand our business and work with partners to deliver the highest quality food products using marijuana," said Chandana Basu, PPJE CEO.
California, Massachusetts, Maine and Nevada now make it legal for anyone over 21 years old to smoke pot. These states and Alaska, Colorado, Oregon, Washington and the District of Columbia are challenging the federal government which classifies marijuana as a Schedule I drug (no currently accepted medical use and a high potential for abuse). Now, more than 20% of Americans live in states where marijuana use is legal. A recent Gallup poll found nationwide support for marijuana legalization at 60%.
As always, PPJE management advises shareholders, company followers and prospective investors to contact their financial advisors if they have questions or concerns about their individual accounts and investment choices. Regarding other news and events, the company reminds its followers to monitor OTC Markets filings tab for further newsworthy events and corporate updates, which will follow as they happen (http://www.ppjenterprise.com).
Information in this release may contain statements about future expectations, plans, prospects or performance of PPJ Healthcare Enterprises, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. PPJ Healthcare Enterprises cautions you that any forward-looking information provided by or on behalf of PPJ Enterprise is not a guarantee of future performance. None of the information in this press release constituted or is intended as an offer to sell securities or investment advice of any kind. PPJ Healthcare Enterprises' actual results may differ materially from those anticipated in such forward-looking statements because of various important factors, some of which are beyond PPJ Enterprise's control. In addition to those discussed in PPJ Healthcare Enterprises' press releases, public filings and statements by PPJ Healthcare Enterprises' management, including, but not limited to, PPJ Healthcare Enterprises' estimate of sufficiency of its existing capital resources, PPJ Healthcare Enterprises' ability to raise additional capital to fund future operations, PPJ Healthcare Enterprises' ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PPJ Healthcare Enterprises' capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PPJ Healthcare Enterprises does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made to reflect the occurrence of unanticipated events.
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SOURCE PPJ Healthcare Enterprises, Inc.