CORAL SPRINGS, Florida, May 12, 2014 /PRNewswire/ --
Marijuana industry shows consistent signs of growth as cannabis gains acceptance across the country providing new opportunities for expansion: DirectView Holdings, Inc. (OTC: DIRV), Tranzbyte Corporation (OTC: ERBB), Medical Marijuana, Inc. (OTC: MJNA), Mentor Capital, Inc. (OTC: MNTR) and SK3 Group Inc. (OTC: SKTO).
DirectView Holdings, Inc. (OTCQB: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that its wholly owned subsidiary, DirectView Security, has been selected by Sundance Gardens, LLC. ("Sundance"), a privately held Colorado-based company, to upgrade the security system at its 3,000 square foot cannabis grow facility in Denver, Colorado. DirectView Security will provide a comprehensive assessment and design a custom video surveillance solution plan. The company anticipates completion of the initial assessment and submission of the design plan to take place by the end of May 2014. Upon approval of the plan by Sundance, DirectView will schedule and complete the agreed upon installation of equipment.
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Commenting on the selection, Jason Ray, CEO of Sundance, stated "After meeting with DirectView at the Big Industry Show in early April we decided to re-evaluate the current security platform at our Colorado facility. We look forward to working with the team at DirectView to help us design an upgraded, state-of-the-art surveillance system, to protect our valuable assets now and in the future."
Tranzbyte Corporation (OTC Pink: ERBB), through the American Green Division together with USEI (OTC: USEI), have signed an agreement to joint venture a grow and dispensary project in the metropolitan Denver region. The project will incorporate USEI's "lighting," American Green's Jurassic water system, and a trial of a top cannabis nutrient product. In addition, the state-approved facility has a recreational dispensary license to be operated by an experienced professional in the business, well known in the market. "It's one thing to talk about our innovative products and quite another thing to ask others to believe in them. This new venture with USEI puts our own skin in the game. We know American Green products work. We also know that USEI's products work. Our combined commitment to improving grow technology is specifically focused on helping to improve the market sector for everyone," says Tranzbyte COO Stephen Shearin.
Medical Marijuana, Inc. (OTC: MJNA) recently announced that executives from two of its subsidiaries have been recognized as Board of Director nominees by the National Cannabis Industry Association (NCIA). Michael Roberts, Chief Executive Officer of Wellness Managed Services' new company, MPS International (MPSI) and HempMeds(TM) board member Michael Julian are both running for election. Online voting is open to NCIA member companies through May 16th at midnight. "The founders of our country, who crafted one of the only constitutions in world history that hasn't been re-written, grew, sold, bought and traded hemp (cannabis) products," states Michael Julian. "Through decades of propaganda, one of the cannabis plants, 'marijuana', has since been added to the list of Schedule I controlled substances. Our legislators are beginning to see just how foolish this is, but more can and should immediately be done to make cannabis ('marijuana' and hemp) completely legal for growth and cultivation in the U.S."
Mentor Capital, Inc. (OTC Pink: MNTR) recently announced that its shareholder's medical marijuana and cannabis business interests have again expanded to another state to now include Arizona. Bhang Chocolate Company Inc., the Mentor portfolio leader, is excited and proud to announce that their Arizona Licensee has been given the go-ahead to begin production and sales of Bhang Edibles. "It's exciting for everyone here each time our brand becomes available to the patients of a new state. Bhang has proudly stood by our motto from the beginning of 'Quality, Consistency and Safety.' I am confident that our AZ licensee will continue in that tradition. Patients deserve the best, and I feel Bhang will deliver them that," says Bhang CEO Scott Van Rixel.
SK3 Group Inc. (OTC: SKTO) recently announced that the first bottles of its new medicinal cannabis product, T-Hydrocan™ RMC 40, became available on Wednesday, April 23, 2014 from Pharmajanes.com and soon thereafter from collectives which carry the YAK Edibles line of medical marijuana products. The "RMC" designation indicates "refined mixed cannabinoids." T-Hydrocan™ RMC 40 tablets contain 40 mg. of fully activated (decarboxylated) THC, along with the attendant cannabinoids that are found in the cannabis/hemp source material. The cannabis oils have been thoroughly refined utilizing organic processing materials which have been approved for contact with food, yielding a translucent red or gold colored essential oil containing highly concentrated cannabinoids, terpenes, terpenoids, amino acids and other refined elements of the essential oil of cannabis.
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