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Marijuana Sector Continues to Offer Revenue Potential Opportunities for Crossover Companies with Services, Operations & Products Designed for Cannabis Industry


News provided by

FN Media Group LLC

Jun 24, 2015, 08:25 ET

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CORAL SPRINGS, Florida, June 24, 2015 /PRNewswire/ --

Profit and Revenue potentials continue to grow for the marijuana/hemp industries as highlighted at the recent 2015 Cannabis World Congress and Business Exposition which displayed more than a few crossover companies  -   those with know-how in other industries, hoping to show how their services and products can play a part in the cannabis sector.  Companies with operations, services and products in focus today for the marijuana industry are DirectView Holdings, Inc. (OTC: DIRV), Medical Marijuana, Inc. (OTC:MJNA), mCig, Inc. (OTC: MCIG), Hemp, Inc.'s (OTC: HEMP), Totally Hemp Crazy Inc. (OTC: THCZ) & The MaryJane Group, Inc. (OTCBB: MJMJ)

DirectView Holdings, Inc. (OTC: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that it has been selected to complete a comprehensive security and surveillance installation at a newly constructed Colorado Marijuana Infused Product Facility.  The selection is comes as a direct result of the Company's strategic partnership agreement with Cannamor, LLC ("Cannamor"), a privately held Colorado based consulting company focused on legal cannabis growing and dispensing projects. The full installation is expected to be completed early in the third quarter and will include the DirectView IP megapixel security cameras, DirectView's NVR video and audio storage server as well as a comprehensive intrusion alarm system.   

Read the full DIRV Press Release at http://www.financialnewsmedia.com/profiles/dirv.html

Matt Moore, President of Cannamor (http://www.cannamor.com) commented, We are very pleased to have established another job win as part of our strategic relationship with DirectView to provide for the extensive security needs of our rapidly growing client list.  We look forward to having them handle the security needs of all of our current and future clients as we continue to grow our cannabis facility consulting business.  Cannamor is expanding our services outside of the Colorado market and we are happy to have DirectView as part of our services team as we build for the future." Roger Ralston, CEO and Chairman of DirectView, stated, "We are excited to expand our relationship with Cannamor in this important business vertical by providing complex security system solutions for its growing customer base. The cannabis industry is a rapidly growing business opportunity for DirectView and we intend to continue to build our footprint in Colorado and other geographic regions in the U.S. We look forward to working with Cannamor as its exclusive security provider on their clients' locations for years to come."

In other marijuana/cannabis/hemp/hardware developments and happenings:  As New York prepares for access to medical cannabis, many entrepreneurs curious about establishing businesses in support of the historic statewide initiative turned out at the Cannabis World Congress and Business Expo at Javits Center in Manhattan. There, Medical Marijuana, Inc.'s (OTC:MJNA) HempMeds(R) and investment portfolio company, KannaLife Sciences, were featured in media reports by CBS News, NBC New York, Fox 5 New York, PIX11, Yahoo News, Yahoo Finance, Getty Images and more.

mCig, Inc. (OTCQB: MCIG), a leading provider of technology, products, and services for consumers, dispensaries, and growers within the global medical and recreational marijuana industry, announced this wekk that Maury Winnick has joined the Company as Vice President of Global Sales. In his role, he has already restructured the corporate sales strategy, including the development of a Master Distribution Agreement (MDA), the first of which features Just Chill Products, LLC (http://chillcbdoil.com/). Just Chill Products is one of many product lines being tested and farmed by the mCig sales team, which has put the full array of resources behind growing the sales of Chill products for the past 90 days, boosting sales each month.

Hemp, Inc.'s (OTC: HEMP) decortication line was featured in the June issue of Freedom Leaf magazine, the multi-media industry magazine geared towards the legalization of marijuana.  The publication empowers a network of activists around the world while covering the "latest news, art, fashion, lifestyle, and entertainment in the cannabis industry."  With an impressive 300,000 magazines in circulation in 32 states by 160 activists and traditional distribution networks, this month's Freedom Leaf June issue not only encapsulates "good news" in marijuana reform, but also pays homage to George Shlichten's 1917 hemp decorticator that "fell into oblivion" without a trace in its featured article, "The Return of the Hemp Decorticator".

Two actively traded marijuana companies with high volume activity this week are Totally Hemp Crazy Inc. (OTC: THCZ) trading over 5.4Mil shares on Tuesday closing down over 10% at $0.133 and The MaryJane Group, Inc. (OTCBB: MJMJ) trading over 133Mil shares on Tuesday as well closing up over 29%.

Totally Hemp Crazy, Inc. announced recently that the Company has now recorded its largest quarterly revenues ever driven by brisk sales and a rapidly growing distribution base.   On June 1, 2015, The MaryJane Group, Inc. entered into a securities exchange agreement (the "Magna EA") with Magna to retire certain outstanding debt in exchange for another convertible promissory note (the "Magna Note") with Magna in the principal amount of $53,274.98 bearing interest at 12% annual interest. The principal and all accrued but unpaid interest is due on May 26, 2016.  During the first 90 days following the date of the note the company will have the right to prepay the principal and accrued but unpaid interest due under the note, together with any other amounts the company may owe the holder under the terms of the note, at a premium of 135%.

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia and Twitter:  http://twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand four hundred dollars for news coverage of the current press release issued by DirectView Holdings, Inc. by the company.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

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