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Performance of Cannabis Sector Stocks Tied to New Ventures, Acquisitions and Identifying New Verticals for Marijuana Industry Growth


News provided by

FN Media Group, LLC

May 23, 2014, 08:30 ET

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CORAL SPRINGS, Florida, May 23, 2014 /PRNewswire/ --

Market news updates and commentary for emerging companies in the Cannabis Sector aimed at growing worldwide brands, acquiring resources and developing new solutions as the industry continues to evolve at a rapid pace: Cannabis Capital Corp (OTCBB:CBCA), Hemp, Inc. (OTC: HEMP), Medbox, Inc. (OTC: MDBX), Medical Marijuana, Inc. (OTC: MJNA) and Creative Edge Nutrition, Inc. (OTC: FITX)

By Tapping Into Human Element, Cannabis Capital Corp (OTCQB: CBCA) WebCongress Emerges as Tech Industry Leader - (See more at: http://tomorrowsbluechips.com/tapping-human-elementcannabis-capital-corp-cbcaotc-qb-cbcas-webcongress-emerges-tech-industry-leader/#sthash.MZp2yuoM.dpuf) -- The tech industry can be daunting to navigate.  Due to the anonymity involved in digital marketplaces, the companies that succeed are often the ones that draw upon a foundation with a strong human element, while still maintaining an unmistakable brand and continuous global presence. Enter WebCongress, an industry leader in worldwide tech events that meets those standards, all while growing exponentially over the last several years.

Right at this moment, WebCongress is navigating the globe, embarking on a 16-city tour of the United States and Latin America, hosting one of the fastest-growing tech conferences in the world that features educational workshops, networking, expert panels, and speakers from top companies, which have included Twitter, Google, Microsoft, Facebook, and many more. Each year, WebCongress has met face to face with, and fostered the interactions of 10,000 people, having already held successful conferences in major cities like Miami and Barcelona that have attracted over 100 CEOs and 450 digital agencies. The vast number of WebCongress attendees is projected to see a substantial increase in 2014.

Read this full CBCA Article by going to http://tomorrowsbluechips.com/tapping-human-elementcannabis-capital-corp-cbcaotc-qb-cbcas-webcongress-emerges-tech-industry-leader/

In fact, WebCongress's new "Americas Tour" has already kicked off in San Francisco on May 8th, where their conference attracted over 550 people looking to build partnerships, participate in workshops, and hear from established speakers with industry experience and exciting new ideas. Just one of those speakers was one of Mexico's most successful women, Laura Gomez known as @laura due to her status as one of the first Twitter employees who was there to unveil a brand new project.

Hemp, Inc. (OTC Pink: HEMP) recently announced it has committed $1,000,000 to kick-start the search for an appropriate banking partner in Colorado and to perform due diligence thereof. The allocated funds will be held in escrow while the search begins. Bruce Perlowin, CEO of Hemp, Inc., stated, "We are committed to moving this industry forward and supplying the infrastructure to make it more viable. Our recent acquisition of the largest decorticator in the United States, in order to process raw hemp into valuable renewable products, is off to a great start, but it doesn't stop there. As a 'farmer' in China, Hemp, Inc. understands the needs of farmers and we believe farmers, as well as other providers, will undoubtedly need financial services to make this industry soar to new heights. This is already a very unique, rapidly growing market and it is our goal to be a part of supplying their financial needs."

Medbox, Inc. (OTCQB: MDBX), a leader in providing ancillary services to the alternative medicine industry, dispensary consulting services, and patented medicine dispensing systems to medical and retail industries, recently announced that the US Patent and Trademark Office (USPTO) has issued a notice of allowance on what company executives describe as the first "Seed-to-Sale" patent the marijuana industry has ever seen. The patent application that was allowed by the USPTO describes a system used to: Verify the identity of a patient/consumer receiving medication; Monitor the dispensing of medication/product to the patient/consumer; Monitor the development of the medication/product, including tracking the location from which the seeds are obtained, cultivation and harvesting of the plant, and conversion into medication/product and support a complete biometric chain of custody seed to sale system from cultivation facility to dispensary where dispensing can occur through Medbox's patented "Secure-Safe" technology for added security and transparency.

Medical Marijuana, Inc. (OTC: MJNA) operates in the medical marijuana and industrial hemp markets. Its products range from patented and proprietary based cannabinoid products to seed and stalk or isolated high value extracts manufactured and formulated for the pharmaceutical, nutraceutical, and cosmeceutical industries. The company's services include development of cannabinoid based health and wellness products; and development of medical grade compounds; and licensing of proprietary testing, genetics, labeling and packaging, tracking, production, and standardization methods for the medicinal herb industry. On Thursday, MJNA closed down .27% on over 2.4 million shares traded.

Creative Edge Nutrition, Inc. (OTC Pink: FITX) recently announced that it has retained the leading national law firm Thompson Hine LLP as its corporate counsel. Established in 1911, Thompson Hine has offices in Atlanta, Cincinnati, Cleveland, Columbus, Dayton, New York and Washington, D.C. The firm has been ranked among the top four in the country for "Value for the Dollar" and "Commitment to Help" by in-house counsel, and among the top ten firms for client service excellence, according to The BTI Client Service A-Team: Survey of Law Firm Client Service Performance. Thompson Hine serves premier businesses worldwide. "We are delighted to be working with Thompson Hine ," commented Bill Chaaban, President & CEO. "The firm has been recognized in the top 1% of law firms nationwide by in-house counsel for innovation for two years in a row and we are proud of our association with them. Given their business-oriented approach, we look forward to sculpting a framework based around our highest priorities which include our corporate governance practice, future financing activities and high quality counsel on our corporate business objectives. We look forward to working together to strengthen our public company infrastructure and to create realizable returns for our shareholders."

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 one thousand two hundred dollars for news coverage of the current article issued regarding Cannabis Capital Corp a non-affiliated third party.

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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