Increased Consumer Spending on Medical Marijuana, CBD and Vape Products Fueling Lucrative Revenue Opportunities

Thursday, June 15, 2017 General News
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MarketNewsUpdates.com News Commentary

PALM BEACH, Florida, June 15, 2017 /PRNewswire/ --

Speculative

investing into the Legal Marijuana industry coupled with the niche of legal marijuana and CBD products continue to grow driving the demand for enhanced cannabis and CBD products as well as leading edge vape equipment. Companies in the cannabis sector
are capitalizing on the momentum as consumer spending increases and popularity is growing at a very rapid pace. Companies in the legal marijuana and cannabis space this week with developments and market activity include: AV1 Group, Inc. (OTC: AVOP), PotNework Holding, Inc. (OTC: POTN), Acology, Inc. (OTC: ACOL), Amfil Technologies Inc. (OTC: AMFE) and mCIG Inc. (OTC: MCIG)

AV1 Group, Inc. (OTC: AVOP), a publicly traded investment and holding company announced today that the Company, through a wholly owned subsidiary Vapor High USA, has relaunched its new vape super store, VaporHighUSA.com. The new site has over 800 vaping sector products, making it the largest online marketplace in the vaping category. The site, which was originally launched in 2014, accepts BitCoin, LiteCoin and DogeCoin. Read this and more news for AVOP at http://www.marketnewsupdates.com/news/avop.html.

The Company site is also offering a limited time coupon for 10% off on all purchases as an incentive to new users, by using the following coupon code when visiting the https://www.vaporhighusa.com site: VapeSuperStore10.

The available products include an extensive array of vaporizers, eLiquids, Vape cleaning products, batteries, accessories and more. The site also features discreet and fast shipping (same day order processing) and offers a price match guarantee. Bryen Beglinger, CEO of AV1 Group stated: "The Company site has been receiving rave reviews from customers for its superior customer service and by offering the 10% discount coupon, we want to reward new customers giving them an incentive to visit our new site. We plan to increase our present inventory of over 800 products and make VaporHighUSA.com the 'Amazon' of the vaping sector."

In other industry developments:

PotNework Holding, Inc. (OTC: POTN) recently announced that its wholly owned subsidiary, Diamond CBD, Inc., has delivered yet another exponential increase in revenues year over year. For the month of May 2017, it achieved record breaking revenues of over 1 million dollars, which exceeded its May 2016 results by more than 1,300% over last years revenues of $70,444. "We are on fire! We are consistently setting new sales records month after month as the sales momentum continues to build. Moreover, our ongoing aggressive marketing strategy continues to build consumer and industry awareness which is clearly evident as we go from one exciting industry event to another," stated Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc.

Acology, Inc. (OTC: ACOL) recently announced that Canadian operations have recorded a 30% increase in sales over the same time last year, justifying the work and investment made in that country in the last quarter of 2016. Acology executives have aggressively pursued relationships with government and business entities throughout the country in an effort to boost product recognition. Revenues from cannabis sales in Canada in the next 10 years are expected to top $100B

Amfil Technologies Inc. (OTC: AMFE) closed up 1.45% on Wednesday trading over 1.7 million shares by the market close. The company recently announced that its subsidiary, Snakes & Lattes Inc., will be entering the game development and publishing business. This is a crucial step towards expanding on its current market share, further solidifying the Snakes & Lattes Inc. brand as an international powerhouse in the tabletop gaming industry.

mCIG Inc. (OTCQB: MCIG) closed up on Wednesday 1.52% on over 300,000 shares traded on the day. The company recently announced the Phase 1 completion of Green Leaf Farms Holdings, facility in North Las Vegas. Green Leaf Farms Holdings, LLC (Green Leaf), a subsidiary of PNTV, contracted mCig to develop and buildout their 27,000 sq. ft. facility in North Las Vegas. mCig completed the first Phase of development which included two vegetation and flower rooms, an extraction lab and all the needed infrastructure to support the facility.

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 two thousand five hundred dollars for news coverage of the current press release issued by AV1 Group, Inc. by the company. 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.

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