Cannabis Companies Continue To Ramp Up Operations: High Tech Security Company Expands Presence In Colorado

CORAL SPRINGS, Florida, March 25, 2014 /PRNewswire/ --

New licensing Agreements, Grow Monitoring Applications and High Tech Security surveillance operations aims to capitalize on cannabis - medical marijuana boom with expansion in Colorado: DirectView Holdings, Inc. (OTC: DIRV), Growlife, Inc. (OTC: PHOT), Nuvilex, Inc. (OTC: NVLX), IMD Companies, Inc. (OTC: ICBU) and Supreme Pharmaceuticals Inc. (OTC: SPRWF)

DirectView Holdings, Inc. (OTCQB: DIRV) announced that its wholly owned subsidiary DirectView Security's plans to open a Colorado office to support the expansion of its cannabis industry security and surveillance business.  The Company expects establish an office at Legacy Construction Company of Colorado's office complex beginning in April 2014.  DirectView Security will initially staff two sales professionals to work with Legacy as well as other potential partners and customers in Colorado and the surrounding areas.  Management believes the establishment of a physical office in Colorado will enable the company to capitalize on the growing number of opportunities in the region's cannabis industry for its video surveillance and security offerings as well as alarm monitoring and access control.

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Growlife, Inc. (OTCQB: PHOT) a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, together with Organic Growth International, LLC ("OGI"), its joint venture with CANX USA, LLC, extended the date for completion of due diligence and closing the transaction with RXNB Inc. ("RXNB") to April 4, 2014.   Under the agreement, GrowLife will sell and distribute RXNB proprietary technologies globally, and share profits related to technology licensing, subject to the approval of the GrowLife Board of Directors.  GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.  RXNB is an investment company with holdings in drug formulation, manufacturing, and distribution.   The company represents a recent roll-up of several independent companies in the pharmaceutical and nutraceutical market. RXNB has numerous pending patents in the field of THC research and development.  

Nuvilex, Inc. (OTCQB: NVLX) an international biotechnology company providing cell and gene therapy solutions for the treatment of diseases, recently announced that it has contracted with Austrianova Singapore (Austrianova), a subsidiary of SG Austria in which Nuvilex is a partial owner, to perform the cGMP (Current Good Manufacturing Practices)-compliant encapsulation of live cells to be used for Nuvilex's clinical trials in patients with advanced, inoperable pancreatic cancer and associated conditions and other types of cancer. A manufacturing agreement that covers all aspects of the production of the encapsulated live cells has been signed by Nuvilex and Austrianova. An initial payment has been made by Nuvilex to Austrianova as part of a "set-up fee" to encapsulate the live cells required by Nuvilex for use in its clinical trials. Austrianova was contracted to perform the encapsulation because it developed and matured the entire Cell-in-a-Box^[R] cellulose-based live-cell encapsulation process. Austrianova is considered the world's foremost expert in this unique and proprietary technology.  

IMD Companies, Inc. (OTCPink: ICBU) recently announced it has successfully implemented a network interface into its environmental controller, the EMC-5000. The interface allows users to monitor their grow rooms remotely. Users may now literally log on to the EMC-5000 controller from a laptop or desktop from any location and make changes to their grow room settings as well as monitor all other aspects of the environment. Jim Filkins, iMD's VP of Sales, commented: "This is a huge advancement to our flagship product, the EMC-5000. The network interface allows for peace of mind, which is priceless in this industry. Further, it opens the door for many other important capabilities, such as security, including cameras and alarms. Can you imagine being able to log on and actually view your room, no matter where you might be, at any given time of the day? This is a significant breakthrough for our company and my hat goes off to our engineering team."  

Supreme Pharmaceuticals Inc. (OTCPink: SPRWF) recently announce that the Company has signed a conditional agreement with an arms-length South Okanagan-based company, whereby the Company has the option to purchase its producing medical marijuana business for up to twelve months for the sum of $1,000,000, payable in cash and shares, subject to regulatory approval. The Company is currently in a 10-business day due diligence period and if satisfied, Supreme will make a $100,000 option payment. The medical marijuana industry in Canada is undergoing massive reform as a result of the new MMPR regulation scheduled to come into effect April 1^st, 2014, or some date thereafter-pending legal review. The vendor of the optioned Medical Marijuana business (the "Vendor") is currently producing Marijuana under the MMAP license and with Friday's court decision to extend the MMAP program will be able to continue to operate under its current licences past the April 1^st 2014 deadline. 

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