The Growth of Medical Marijuana Industries by 2020

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Sep 28, 2016, 09:50 ET

NEW YORK, September 28, 2016 /PRNewswire/ --

Initiatives on the Presidential Election Ballot this coming November 8^th could soon increase the number of states where the use of marijuana is legal. This includes Arizona, Nevada and California, which all are allowed the usage of medical marijuana. The growing market usage of cannabis in the medical industry is anticipated to reach over $23 billion within 4 years having a compound annual growth rate of 32% from $5.7 billion since 2015 from studies done by researchers from ArcView. Green Cures & Botanical Distribution Inc. (OTCMKTS: GRCU), Hemp Inc. (OTCMKTS: HEMP), Medical Marijuana Inc. (OTCMKTS: MJNA), Greengro Technologies Inc. (OTCMKTS: GRNH), Marijuana Company of America Inc. (OTCMKTS: MCOA).

Medical marijuana and industrial hemp products innovator, Green Cures & Botanical Distribution Inc. (OTC: GRCU) has completed the land lease agreement to sublet 20 acres of agricultural land in Adelanto, located in Golden State California. The company is advancing towards joining the major movement in the cultivation area of the medical marijuana industry. This will enable Green Cures to complete a deal an already established licensed cannabis grower. Previously, Hemp Inc. (OTCMKTS: HEMP) has signed a consultant agreement with Green Cures providing services specifically in the industrial hemp/medical marijuana industry of sales and marketing, public company venues, and guidance in the general industry. Hemp's primary focus is on industrial hemp and various clean, green sustainable products that industrial hemp offers to the world.

Green Cures & Botanical Distribution Inc. (GRCU) is composed of two major divisions: the Original Hollywood Hemp™ and the Iconic Beverages™. The Hollywood Hemp is stimulated with hemp to provide consumers with Health, beauty, skin care, hair care, spices, fashion, food products and beverages. The Iconic Beverages™ is the company's beverage sector which includes in development with and without Hemp infused beverages which will feature iconic celebrities with exclusive licenses owned by Green Cures and its shareholders.

Green Cures & Botanical Distribution Inc. (GRCU) just announced today the introduction of the Official Roberto Durán Champion Energy Shot. This natural boost of energy is currently available on the company website, http://www.originalhollywoodhemp.com and will soon be available on other on-line retail sites. The company stated that, "This energy shot is perfect for drinking before work or when you need a boost to keep on going. Sold under the familiar Iconic Beverages brand name, the Roberto Durán Champion Energy Shot is sure to provide energy seekers the lift they are looking for as well as a substantial uptick for the GRCU shareholders. Currently, the shots come in 2 knock-out flavors, Orange and Berry, and contain a blend of B-Vitamins and natural caffeine and flavors to give you a natural boost."

Green Cures & Botanical Distribution Inc. ( GRCU) CEO, Joe Tragesser, stated today, "We and everyone at Green Cures have been anxiously awaiting the product as distributors have been anticipating its arrival. We are so excited to be in business with Roberto Durán as he truly is a legend in every sense of the word." Mr. Tragesser further stated, "The introduction of this new product, coupled with increased Company activity will immediately increase revenues, building long-term value for GRCU and its shareholders."

A mission to be the premier cannabis and hemp industry innovators, Medical Marijuana Inc. (OTCMKTS: MJNA) is trying to leverage a team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. The company strives to create awareness within our industry, develop environmentally-friendly, economically sustainable businesses, while increasing shareholder value.

Eco-friendly green technology, Greengro Technologies Inc. (OTCMKTS: GRNH) provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational marijuana sectors. The company's second tier, the Glass Greenhouse Franchise/Cannabis Sector, is purely for cultivation of Medical Marijuana. Studies by ArcView Market Research has shown that legal adult recreational marijuana sales climbed $998 million in 2015 compared to $351 million in 2014, increasing at a 184 percent year-over-year.

Affiliate and Collective services is top priority for Marijuana Company of America Inc. (OTCMKTS: MCOA) ensuring the delivery of cannabis solutions to their club members. MCOA operates with its affiliate network teams to ensure that they present consistent and accurate knowledge, and high quality cannabis products to its members and or patients. MCOA supplies cannabis products to its affiliates in Adult Use states through their membership. The Company currently offers collectives and dispensaries in legal medical marijuana states marketing and managed services designed to boost membership and transactions.

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