WINNETKA, Calif., May 27, 2014 /PRNewswire/ -- Green Cures & Botanical Distribution, Inc. (OTC Pink: GRCU) ("Green Cures"), formerly Triton Distribution Systems Inc., announced today the completion of its name-change process, and the acquisition of a new ticker symbol, GRCU, and provided corporate update.
Effective May 27, 2014, the Company's name is officially changed from Triton Distribution Systems, Inc., to Green Cures & Botanical Distribution, Inc. The Company had filed the amendment to its Articles of Incorporation with the Colorado Secretary of State, and effective May 27, 2014, FINRA and the OTC Markets approved and announced the new name of the Company. Green Cures management would like to express its gratitude to all the officers, its legal counsel, and all entities that assisted in completing the process of name change.
Moreover, effective today, the Company's new ticker symbol in the OTC Market is GRCU, which is one of the voluntary symbol requests submitted by the company to FINRA in the application for name change. Management of Green Cures is very excited about its new symbol in the OTC Market and is confident that this will help the market identify the business focus of the company and its mission statement, which is to empower the online community by providing information and resources regarding the benefits of cannabis-derived products, as permitted by law. Also, the Company seeks to become the leading cannabis and botanical industry innovator, and to provide the highest quality hempseed oils, cannabis flower topical medicinal and botanical products, as permitted by law.
The company is also pleased to announce that effective today, with the collaboration of its CEO Robert Calkin, current and upcoming Green Cures & Botanical Distribution products will be advertised on all marketing, and informational material of Cannabis Career Institute and its online network including Cannajobs.com, throughout 2014. This marketing opportunity marks the first step to building brand recognition for the products labeled Green Magic and Green Cures, within the cannabis industry and the online community. It is important to note that the company is also moving forward with the previous announcement of producing a set of video commercials set to launch through a national marketing campaign during the third quarter of 2014.
Additionally, the Company announces to the public and the investment community that effective June 1st, 2014, Ben Craik, the Systems Architect of Cannabis Career Institute, and co-founder of several innovative cannabis-industry businesses including Cannajobs and CannaTrends, will assume the position of Chief Technology Officer for Green Cures & Botanical Distribution. Upon Mr. Craik's appointment, Meki Cox, the Company's current Chief Technology Officer, will assume the position of Marketing Director for the company on the same date.
Subsequently, the company would like to announce that it will be launching a set of online portals, which will also contain custom-made material about the benefits of cannabis-derived products, in the upcoming weeks and months.
In closing, the company will be providing additional information as it becomes available.
About Green Cures & Botanical Distribution, Inc.: (www.gcbdinc.com) Green Cures & Botanical Distribution Inc. (GRCU) operates a diverse portfolio of services and products within the botanical and medical cannabis industry, as permitted by law. The products include nutritional supplements, vitamins, minerals, herbs/botanicals, sports nutrition, and specialty. In this rapidly growing industry of alternative care and medicinal products, GRCU also provides to the online community portals that supply with information and resources regarding the benefits of cannabis-derived products.
FDA Statement: The statements contained in this document have not been evaluated or approved by the FDA. The products and statements referenced in this document are not intended to diagnose, treat, cure, or prevent any disease.
Forward-looking statement: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements are identified by wording such as "scheduled (future sense)" "intend(s)", "plan(s)" "expect(s)", "believe(s)" "will" "estimate(s)", "anticipate(s)", "expect(s)", "may", "should", "would", "could" or "should" or, in each case, the negative thereof, other variations thereon, comparable terminology that implies anticipated future deliverables. The Company disclaims any obligation or intention to update any forward-looking statement for any reason.
SOURCE Green Cures & Botanical Distribution, Inc.