PALM BEACH, Florida, June 15, 2017 /PRNewswire/ --
As growing consumer popularity and global exposure for cannabis and hemp-based products continues to expand, the demand for hemp-based products, CBD products and other forms of cannabis and legal marijuana items are rapidly trending upward. The global hemp and cannabis market is a multi-billion dollar industry with the real potential still undefined at this point as consumer demand and awareness continues to grow. Active Companies in the market this week include: Trimax Corporation Inc. (OTC: TMXN), Hemp Inc. (OTC: HEMP), Medical Marijuana Inc. (OTC: MJNA), Rocky Mountain High Brands, Inc. (OTC: RMHB) and Agritek Holdings, Inc. (OTC: AGTK)
Trimax Corporation Inc. (OTC: TMXN) announced today its subsidiary company, Saavy Naturals Inc., will be featured on http://www.hightimes.com with its new line of Bay Rum & Hemp products, on Friday June 16 2017. HIGH TIMES is the definitive resource for all things cannabis. From cultivation and legalization to entertainment and culture, HIGH TIMES has been the preeminent source for cannabis information since 1974. Today, HIGH TIMES transcends the print, digital and physical worlds through magazines, websites, apps and live events. Read this and more news for TMXN at http://www.marketnewsupdates.com/news/tmxn.html
"We are grateful to have the opportunity to share our story and new hemp line with the premier publication for the cannabis community," said Hugo Saavedra, Chief Executive Officer for Saavy Naturals Inc., and Trimax Corporation. "Being featured on http://www.hightimes.com, the most popular cannabis website in the world, aligns perfectly with our strategies for brand expansion."
Corporate Update for Trimax Corp: In connection with inquiries about the previously filed reverse stock split, management of the company would like to inform the investment community that a copy of the stamped certificate of amendment, from the Nevada Secretary of State, cancelling the reverse stock split has been uploaded in the in the filings section of the OTC page of Trimax Corporation.
In other Industry Developments
Hemp Inc. (OTC: HEMP) recently announced hat its farming associates, who are licensed in the state of North Carolina by the NC Industrial Hemp Commission, have secured 150+ pounds of CBD-rich hemp seeds which are to be planted this weekend and/or next week. According to CEO Bruce Perlowin, the 150+ pounds of seeds equate to over 550 acres to go along with the 17 acres of high-CBD clones they are planting in North Carolina and Colorado. It will be one of, or, the largest CBD hemp grows in the United States to date.
Medical Marijuana Inc. (OTC: MJNA) closed up slightly on over 3.1 million shares traded by the market close on Wednesday. The company recently announced that at the 4th Annual Cannabis World Congress and Business Expo (CWCBE), taking place in New York City from June 14-16, the Company's Chief Executive Officer Dr. Stuart Titus will speak on medical cannabis research on June 15. Medical Marijuana, Inc. subsidiary HempMeds® will also be showing retail-ready cannabis products and exhibiting its line of CBD hemp oil products at the Expo in booth #100. "I am looking forward to the opportunity to speak to the audience at CWCBE about the healing properties of cannabis and recent breakthroughs in medical cannabis research," said CEO of Medical Marijuana, Inc. Dr. Stuart Titus.
Rocky Mountain High Brands, Inc. (OTCQB: RMHB) closed down slightly on Wednesday trading just over 2.87 Million shares by the market close. Rocky Mountain High Brands founder, Jerry Grisaffi discusses recent news in an exclusive interview at SmallCapVoice.com. The interview can be heard at http://smallcapvoice.com/blog/6-12-17-smallcapvoice-interview-with-rocky-mountain-high-brands-inc-rmhb. Recently the Company announced that it had appointed Kevin Harrington, an American entrepreneur, business executive and TV celebrity to its Board of Directors and as a marketing and communications consultant.
Agritek Holdings, Inc. (OTCQB: AGTK) recently announced that the Company's operational and licensing partner, 1919 Clinic, has received pre-qualification and preliminary approval for a manufacturing license in addition to its cultivation license for San Juan, Puerto Rico. Agritek Holdings presently holds a five-year exclusive operational agreement with the Puerto Rico-based licensee 1919 Clinic with the Company providing funding for infrastructure build out, cultivation partners, equipment lease financing and product brand licenses. The final issuance of the manufacturing license will allow the operation to produce edibles and extraction services for other cultivators as well as oils for cartridges supplied by Agritek.
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