PALM BEACH, Florida, May 18, 2017 /PRNewswire/ --
As the legal marijuana and cannabis industry continues to grow and mature, the expansive growth has produced a wide array of opportunities for companies to realize a booming benefit in new business, such as providers of product development & launches, technological advanced growing services, cutting-edge lighting solutions and other aspects of grow operations to keep up with rapidly rising consumer demand. The cannabis/legal marijuana market continues to influence growth and opportunities for companies such as: AV1 Group, Inc. (OTC: AVOP), Rocky Mountain High Brands, Inc. (OTC: RMHB), MassRoots, Inc. (OTC: MSRT), mCig, Inc., (OTC: MCIG), Greengro Technologies, Inc. (OTC: GRNH)
AV1 Group, Inc. (OTC: AVOP), a publicly traded investment and holding company announced today that the Company, through a wholly owned subsidiary CannaLighting in partnership with Apollo Smart Lights a provider of intelligent LED lighting solutions, has finished beta testing its proprietary prototype LED system for cannabis in Denver, Colorado and is preparing for launch of sales and marketing.
Apollo, who will manufacture the lighting product for the Company, has also granted the Company an exclusive license to market Apollo's line of products for Oregon, Washington, California, Nevada and Mexico... all prime cannabis growth territories. Read this and more news for AVOP at http://www.marketnewsupdates.com/news/avop.html
The new LED system addresses and solves a key problem common to all 'horticulture' growers... the timing from vegetative to bloom. The system enables this process to proceed as quickly as possible and increases cost effectiveness of the growth cycle.
The LED lighting sector is an intricate key to the indoor agricultural environments that these harvesting facilities represent, since the majority of these crops are grown indoors. U.S. retail cannabis sales will rise more than five-fold, from an estimated $2.2-$2.6 billion in 2014 to $7.4-8.2 billion in 2018, according to an article recently published by Marijuana Business Daily.
In other industry news and developments this month:
Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting consumer goods company specializing in hemp-infused food and beverage products and a naturally high alkaline water, announced today that the Company has appointed Kevin Harrington, an American entrepreneur, business executive and TV celebrity to its Board of Directors and as a marketing and communications consultant to the Company. Kevin Harrington is a successful entrepreneur with a career spanning 40 years. He is an Original Shark on the ABC hit and Emmy winning TV show, Shark Tank. He is also the Inventor of the Infomercial, As Seen On TV Pioneer, the Co-Founder of the Electronic Retailers Association (ERA) and the Co-Founding Board Member of the Entrepreneurs' Organization (EO).
MassRoots, Inc. (OTCQB: MSRT), a leading technology platform for medical cannabis patients and businesses, this month announced it has launched an activist celebrity influencer campaign to help accelerate its user growth. One of the world's most renowned cannabis consumers, Snoop Dogg (Snoop), has started to drive his 17 million Instagram fans and followers to join the MassRoots platform as one of the first influencers in the program. "As we scale our user base towards two million users, we're looking to leverage the following and influence of pro-cannabis celebrities to help break MassRoots into the mainstream," said MassRoots Chief Executive Officer Isaac Dietrich.
mCig, Inc. (OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global medical cannabis industry this week announced some highlights of its year-end financial results: Net Sales increased to $4.5 million, a 158% increase year to year comparison, and a 1,294% increase for the 4th quarter compared to same period last fiscal year - Net income of $1.5 million compared to a $1.4 million loss from the previous year, and an increase of $2.9 million net earnings - Cash and cash equivalents of $1.6 million compared to $0.1 million from the previous year (a 1,369% increase), and a 400% increase from last quarter. mCig generated $2.1 million in cash from operating activities - mCig assets increased to $6.8 million, having 6 times more assets than it does liabilities. Read the full report at: https://finance.yahoo.com/news/mcig-inc-announces-unaudited-fiscal-110000034.html
Greengro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, also announced this month that the Company has established $4.4 Million in funding to facilitate the build out of a second Marijuana Dispensary in North Hollywood. Set approximately 2 hours from Greengro's flagship location in North Hollywood, Cathedral City's operation will be strategically designed to reflect the brand and operational structure of its North Hollywood counterpart, in anticipation of continued regional expansion.
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU 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. MNU'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. MNU 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 MNU has been compensated one thousand nine hundred dollars for news coverage of the current press release issued by AV1 Group, Inc. by a non-affiliated third party. MNU 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 MNU undertakes no obligation to update such statements.
Contact Information: Media Contact email: [email protected] +1(561)325-8757
SOURCE MarketNewsUpdates.com
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As the legal marijuana and cannabis industry continues to grow and mature, the expansive growth has produced a wide array of opportunities for companies to realize a booming benefit in new business, such as providers of product development & launches, technological advanced growing services, cutting-edge lighting solutions and other aspects of grow operations to keep up with rapidly rising consumer demand. The cannabis/legal marijuana market continues to influence growth and opportunities for companies such as: AV1 Group, Inc. (OTC: AVOP), Rocky Mountain High Brands, Inc. (OTC: RMHB), MassRoots, Inc. (OTC: MSRT), mCig, Inc., (OTC: MCIG), Greengro Technologies, Inc. (OTC: GRNH)
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AV1 Group, Inc. (OTC: AVOP), a publicly traded investment and holding company announced today that the Company, through a wholly owned subsidiary CannaLighting in partnership with Apollo Smart Lights a provider of intelligent LED lighting solutions, has finished beta testing its proprietary prototype LED system for cannabis in Denver, Colorado and is preparing for launch of sales and marketing.
Apollo, who will manufacture the lighting product for the Company, has also granted the Company an exclusive license to market Apollo's line of products for Oregon, Washington, California, Nevada and Mexico... all prime cannabis growth territories. Read this and more news for AVOP at http://www.marketnewsupdates.com/news/avop.html
The new LED system addresses and solves a key problem common to all 'horticulture' growers... the timing from vegetative to bloom. The system enables this process to proceed as quickly as possible and increases cost effectiveness of the growth cycle.
The LED lighting sector is an intricate key to the indoor agricultural environments that these harvesting facilities represent, since the majority of these crops are grown indoors. U.S. retail cannabis sales will rise more than five-fold, from an estimated $2.2-$2.6 billion in 2014 to $7.4-8.2 billion in 2018, according to an article recently published by Marijuana Business Daily.
In other industry news and developments this month:
Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting consumer goods company specializing in hemp-infused food and beverage products and a naturally high alkaline water, announced today that the Company has appointed Kevin Harrington, an American entrepreneur, business executive and TV celebrity to its Board of Directors and as a marketing and communications consultant to the Company. Kevin Harrington is a successful entrepreneur with a career spanning 40 years. He is an Original Shark on the ABC hit and Emmy winning TV show, Shark Tank. He is also the Inventor of the Infomercial, As Seen On TV Pioneer, the Co-Founder of the Electronic Retailers Association (ERA) and the Co-Founding Board Member of the Entrepreneurs' Organization (EO).
MassRoots, Inc. (OTCQB: MSRT), a leading technology platform for medical cannabis patients and businesses, this month announced it has launched an activist celebrity influencer campaign to help accelerate its user growth. One of the world's most renowned cannabis consumers, Snoop Dogg (Snoop), has started to drive his 17 million Instagram fans and followers to join the MassRoots platform as one of the first influencers in the program. "As we scale our user base towards two million users, we're looking to leverage the following and influence of pro-cannabis celebrities to help break MassRoots into the mainstream," said MassRoots Chief Executive Officer Isaac Dietrich.
mCig, Inc. (OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global medical cannabis industry this week announced some highlights of its year-end financial results: Net Sales increased to $4.5 million, a 158% increase year to year comparison, and a 1,294% increase for the 4th quarter compared to same period last fiscal year - Net income of $1.5 million compared to a $1.4 million loss from the previous year, and an increase of $2.9 million net earnings - Cash and cash equivalents of $1.6 million compared to $0.1 million from the previous year (a 1,369% increase), and a 400% increase from last quarter. mCig generated $2.1 million in cash from operating activities - mCig assets increased to $6.8 million, having 6 times more assets than it does liabilities. Read the full report at: https://finance.yahoo.com/news/mcig-inc-announces-unaudited-fiscal-110000034.html
Greengro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, also announced this month that the Company has established $4.4 Million in funding to facilitate the build out of a second Marijuana Dispensary in North Hollywood. Set approximately 2 hours from Greengro's flagship location in North Hollywood, Cathedral City's operation will be strategically designed to reflect the brand and operational structure of its North Hollywood counterpart, in anticipation of continued regional expansion.
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU 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. MNU'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. MNU 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 MNU has been compensated one thousand nine hundred dollars for news coverage of the current press release issued by AV1 Group, Inc. by a non-affiliated third party. MNU 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 MNU undertakes no obligation to update such statements.
Contact Information: Media Contact email: [email protected] +1(561)325-8757
SOURCE MarketNewsUpdates.com
