CORAL SPRINGS, Florida, March 21, 2014 /PRNewswire/ --
Legal Marijuana Markets continues upward trend at an astonishing rate as companies make moves to bolster presence in cannabis industry: The CannaBusiness Group, Inc. (OTC: CBGI), Nuvilex, Inc. (OTC: NVLX), GW Pharmaceuticals plc (NASDAQ: GWPH), Anything Technologies Media Inc. (OTC: EXMT) and Hemp, Inc. (OTC: HEMP)
The CannaBusiness Group, Inc. (OTCPink: CBGI) locates Headquarters to a new location in Irvine, Ca. and releases power point presentation for investors that are interested with the companies 506 private placement memorandum. CBGI is in the process of raising $5,000,000 (five-million dollars), interested investors may look at our power point on the OTC Market and can call The CannaBusiness Group, Inc. regarding the PPM at the new phone number. http://www.thecannabusinessgroup.com The CannaBusiness Group, Inc.'s new headquarters is located at 8105 Irvine Center Drive, Suite 900 Irvine Ca. 92618 and the new phone number is 949-936-2595. The fax number, e-mail address and website all remains the same.
To read the full press release, please click here: http://www.fnmprofiles.com/profiles-cbgi.html
The CannaBusiness Group (CBGI) 506 Information: On September 23, the JOBS Act-mandated SEC rule permitting general solicitation and advertising of private offerings conducted under SEC Rules 506(c) and Rule 144A went into effect, opening a key door to capital for U.S. and global companies. Lifting the ban on transparency in private offerings will also aid in producing more efficient pricing for private and publicly-traded companies, as investors will be able to price in the performance of a private offering into a company's valuation. It could create a standard for more companies to share information in the public markets, creating a virtuous circle for issuers and investors. Companies that are providing insight into their business operations and financials for the first time may be inclined to continue providing ongoing news and disclosure, whether on their website or through a public disclosure service like OTC Markets Group's OTC Disclosure & News Service.
Nuvilex, Inc. (OTCQB: NVLX) an international biotechnology company providing cell and gene therapy solutions for the treatment of diseases, announced today that it has contracted with Austrianova Singapore (Austrianova), a subsidiary of SG Austria in which Nuvilex is a partial owner, to perform the cGMP (Current Good Manufacturing Practices)-compliant encapsulation of live cells to be used for Nuvilex's clinical trials in patients with advanced, inoperable pancreatic cancer and associated conditions and other types of cancer. A manufacturing agreement that covers all aspects of the production of the encapsulated live cells has been signed by Nuvilex and Austrianova. An initial payment has been made by Nuvilex to Austrianova as part of a "set-up fee" to encapsulate the live cells required by Nuvilex for use in its clinical trials. Austrianova was contracted to perform the encapsulation because it developed and matured the entire Cell-in-a-Box[(R) ]cellulose-based live-cell encapsulation process. Austrianova is considered the world's foremost expert in this unique and proprietary technology.
GW Pharmaceuticals plc (NASDAQ: GWPH) a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, provided an update on the Company's cannabinoid pipeline. "While much of the recent attention regarding GW has been associated with our childhood epilepsy and cancer pain development programs, we continue to make great progress with other pipeline programs, further demonstrating the breadth of our proprietary cannabinoid product development platform to yield interesting and therapeutically beneficial product candidates." stated Dr. Stephen Wright, GW's Director of Research and Development. "As GW continues to progress its clinical work with cannabinoids, our pipeline has the potential to yield, as it did with Epidiolex, a flow of exciting new product candidates in a wide variety of therapeutic areas."
Anything Technologies Media Inc. (OTCPink: EXMT) recently announced that the company received a letter from the DTC informing the company that it has removed its Chill on the company and that the company has fully complied with the DTC. This means that the DTC has resumed accepting deposits of the company and book entry transfer services electronically. This will allow more brokerage firms to trade the security of the EXMT and will give more continuity and fluidity to the market. Richard Wilson President and CEO of the company stated, "We could not be more pleased that we have complied fully with the DTC. This is a major step for the company moving forward to have the DTC chill removed. This will help the company raise more capital and will help give our security more liquidity and fluidity in the market place. We are excited about the future and look to bring more new and innovative products and services to the market place with new technologies. Because of our expected revenues we are currently interviewing PCOB accredited auditing firms to become a fully reporting company."
Hemp, Inc. (OTCPink: HEMP) wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), recently announce that it has signed a consultant agreement with Global Links Corp. (OTC: GLCO), a holding company committed to exploring business opportunities in emerging industries, currently, the industrial hemp and medical marijuana industries. Per the Agreement, IHMMCC and Global Links Corp. will collaborate on launching a wide range of hemp and hemp-related products through GLCO`s subsidiary, Hemp Life Today. As part of the revenue sharing agreement, Global Links Corp. (GLCO) will receive industry-specific consulting services in the area of sales and marketing strategy, press releases, public company venues and general business guidance, while IHMMCC will gain access to GLCO`s web portal, Hemp Life Today, and other marketing opportunities.
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