CORAL SPRINGS, FL – Sep 1, 2015 – Cannabis, Hemp & Legal Marijuana business appears to be one of the fastest-growing sector in the U.S. and if the growth and expansion toward legalization spreads to all 50 states, the sector could become larger than the organic food industry, according to a new report obtained by The Huffington Post. Active companies in the industry with recent developments of importance are Surna Inc. (OTC: SRNA), Cherubim Interests Inc. (OTC: CHIT), Plandaí Biotechnology, Inc. (OTC: PLPL), Medical Marijuana, Inc.’s (OTC: MJNA), Hemp, Inc. (OTC: HEMP) and Pazoo, Inc. (OTC: PZOO).
Surna, Inc. (OTCQB: SRNA), a technology company that engineers state-of-the art equipment for controlled environment agriculture with special expertise in cannabis cultivation, announced today that its Board of Directors has appointed Stephen Keen as its President and Chief Executive Officer. In 2007, with his extensive cultivation expertise, Keen founded Hydro Innovations to design and develop liquid cooled technologies for hobby cultivators. Hydro Innovations was acquired by Surna in 2014, and since then, Keen has been Surna’s Vice President of Research and Development, driving Surna’s industry-leading innovation engine.
Read the full SRNA Press Release at: http://www.financialnewsmedia.com/profiles/srna.html
“I’m honored by the appointment and excited to lead Surna during this period of rapid growth. I will be focusing on profitability as my top priority, including commercializing the groundbreaking products that my team and I developed while I was VP of Research and Development. As a shareholder, I see nothing more important to Surna’s success than these two priorities.” Keen added, “I would also like to thank Tae for acting as our interim principal executive, which was no easy task. The time Tae spent in this position gave me the time to complete some truly exciting R&D projects before transitioning into the role of CEO.” Forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
In other cannabis/legal marijuana news and announcements: Cherubim Interests Inc. (OTC: CHIT), a development-stage alternative construction and real estate development company, issues its stated business objectives specific to its recent entry into the controlled environment agriculture sector. Cherubim’s primary focus is within the alternative construction, real estate development, and controlled environment agriculture sectors, into which the Company recently entered via acquisition of an exclusive worldwide license for the deployment of a proprietary plant cultivation technology.
Plandaí Biotechnology, Inc. (OTCQB: PLPL), producer of the highly bioavailable Phytofare® catechin complex, recently announced that Ultimate Sports Nutrition (USN) is investigating and developing a new line of products for the Australian and New Zealand markets that incorporates Plandaí’s green tea catechin-based Phytofare® ingredient. Under the terms of a previously announced agreement, USN is committed to using Phytofare® catechin complex exclusively in all products manufactured or sold in Europe and South Africa that incorporate green tea. In an effort to further develop and expand on the existing agreement, the Company and USN agreed to allow USN to explore the use of Phytofare® with other USN contract manufacturers, beginning in Australia and New Zealand, in an attempt to determine whether further expansion of the relationship between the Company and USN was desirable.
Medical Marijuana, Inc.’s (OTC: MJNA) Kannaway recently announced the addition of Mr. Bradley (Brad) J. Tayles as Vice President of Operations. The company focuses on hemp history in the U.S., consumer education of the plant’s more than 50,000 innovative uses, and the opportunity to take part in a “hemp revolution” that is returning hemp to consumers’ daily lives with unique hemp cannabidiol (CBD) oil products.
Hemp, Inc. (OTC: HEMP), a leader in the industrial hemp industry, announced that sales for the 2nd quarter ending June 30, 2015 were up significantly over the 1st quarter. Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP) stated, “Although sales were up significantly, this is now an insignificant part of our business model at this time. Pending completion of our multipurpose industrial hemp processing plant that vertically integrates growing, decortification, milling, and more, millions of dollars in revenue can potentially be generated per year. Thus, the direction of the company has now shifted.”
Pazoo, Inc. (OTC: PZOO), announced it has signed a contract with Luchesi & Brand, LLC. Luchesi & Brand will help and assist Pazoo with meeting the capital needs for the company, help secure additional grower contracts in all three states where Pazoo, or its subsidies and or strategic partners, expect to commence operations in the fourth quarter of this year, act as a consultant for the cannabis sector, and assist with online sales for CannabisKing Distribution, LLC.
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 on 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 nine hundred dollars for news coverage of the current press release issued by Surna, 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.
Distributed by Press Release Jet
Company Name: FN Media Group, LLC
Phone: (954) 345-0611
Country: United States