PHOENIX, April 29, 2013 /PRNewswire/ -- Endexx Corporation (OTC Pink: EDXC) introduces M3 Hub (Medical Marijuana Management) and www.m3hub.com.
The M3 Hub Technology Platform is a new division of Endexx and is being prepared for "go to market" in 2013/2014. Over 18 States have received voter approval for the legalization and advancement of the Medical Marijuana Movement. Endexx initiated an intense due diligence and technology solutions research cycle at the beginning of 2013. We have established key industry relationships, made two acquisitions and have identified multiple joint venture candidates, technology and service alliances and most importantly the necessary technology solutions that will establish M3 Hub as one of the key companies in the sustainability and growth of the Medical Marijuana Industry. Please visit the new website for further information on the company.
While the industry will remain at risk until the federal government definitively changes its legal position on medical marijuana, M3 Hub is positioning the company to elevate industry participants up to pharmacy grade and clinical level compliance and security standards both at the State level and in anticipation of changes in the Federal Government's current policies and laws regarding medical marijuana. Todd Davis CEO of Endexx stated, "Our mission is to collaborate with all sectors of the industry to help standardize financial and operation controls, compliance practices, Chain of Custody management, security and testing practices for the long term sustainability and growth of the industry." He added, "With the expertise and assistance of key individuals like Dave Levine, Timothy Hayes and other key personnel and Joint Ventures partners, Endexx is positioning through M3 Hub, to be an industry leader in the Medical Marijuana Movement."
About M3 Hub:
The m3Hub Technology platform harnesses technology designed to operate within the framework of the law. Businesses that desire to operate within the legal confines of the industry will want to utilize the best overall technology solution. m3Hub and its business partners are purveyors of products for enhancing the health and welfare of patients and clients. Protecting the patient/client is the core value and consideration for all functions of the technology and compliance features of the platform.
The m3Hub Technology platform is being constructed in an open architecture and modular format allowing the best technology solutions to integrate and maintain adaptability and elasticity in a rapidly expanding business environment.
M3 Hub is further developing technology and solution alliances with companies proven to have the best scientific processes and highest regard for compliance as it pertains to the patient. The m3Hub operates under the premise that protecting the patient is the key to building a sustainable and high integrity industry.
The m3Hub platform manages patient concentric data and incorporates best patient privacy practices, the Hi-Tech Act (Health Information Technology for Economic and Clinical Health Act), and patient care services. Through verification, privacy, legal and transparent controls, the m3Hub platform will help legitimize the entire transaction process on behalf of the patient.
Endexx Corporation is a micro-cap publicly traded company, representing the interest of its shareholders and collaborating with independent software developers, scientists, engineers, and other companies to build businesses that can thrive collectively in the equity markets. Endexx's team recognizes that individually small companies with new technologies have an extremely difficult time sustaining themselves as stand-alone companies. Through our collaborative practices, individual and group skill sets are better utilized to develop technology and grow the business, while centralizing costs and eliminating redundancies.
The Endexx Management Team and its advisory group each have at minimum 10-50 years of experience in their respective fields. The business professionals associated with the direction of the company all have experience growing businesses, developing and implementing new technologies and running publicly traded corporations.
Endexx Corporation is ultimately structured to provide a platform for entrepreneurs to thrive, offering maximum return on investment through equity ownership in the parent corporation. Each individual is a shareholder and is encouraged and self-driven to be successful and contribute to the overall objective of increasing shareholder value.
Contact: Todd Davis
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Safe Harbor Statement
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Endexx to differ materially from those implied or expressed by such forward-looking statements. This press release speaks as of the date first set forth above, and Endexx assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customer to pay for ordered products, and political and economic risks inherent in international trade.
SOURCE Endexx Corporation