PALM BEACH, Florida, February 10, 2017 /PRNewswire/ --
The services sector and development of new technology forthe cannabis industry continues to expand at an unusually high rate as industry trailblazers race to consistently introduce enhanced products and services from delivery & shipping applications to products designed to deliver higher quality goods
Sugarmade, Inc. (OTC: SGMD) having secured access to important patents for the active packaging of cannabis, today announces its product development strategy. The technology the Company intends to introduce will not only help to better preserve cannabis, including THC levels, via control of oxygen and carbon dioxide levels, humidity and thermodynamic cooling, but will also significantly improve the safety of cannabis via the emission of food safe oxidizers to mitigate mold, bacteria and other pathogens, including powdery mildew.
"We believe these important patents will enable us to create an entirely new class of cannabis curing, transport and storage products," commented, Jimmy Chan, CEO. "We plan to use this intellectual property to develop products that will enable cultivators and retailers to better preserve THC levels, while virtually eliminating any pathogens. Additionally, we will be able to apply the patents directly to the creation of home cannabis storage units that will prolong enjoyment for consumers. We are currently designing laboratory testing protocols for these products to further validate our product concepts."
Read this and more news for SGMD at http://marketnewsupdates.com/news/sgmd.html
Sugarmade is currently working towards two initial products within the developing market for active packaging of cannabis. These include:
1) Dispensary/Home Storage Container. The Company's top priority is an active packaging enabled cannabis storage container that will better preserve THC and terp levels, while treating cannabis for pathogens.
2) Grower Cure Box. Proper curing of cannabis is not an easy process. The Company plans to develop a curing box that will enable home and professional cultivators to better manage the curing process via control of C02, O2, and moisture levels, while ensuring that desirable aromas are preserved and that pathogens, especially molds and mildews, do not spoil the cannabis during the process.
In other Cannabis/Legal Marijuana market performances and developments:
OWC Pharmaceutical Research Corp. (OTCQB: OWCP) closed up over 5% on Thursday at $0.60 trading over 1.3 Million shares by the market close. OWC Pharmaceutical Research, a developer of cannabinoid-based therapies targeting a variety of different medical conditions and disorders, this week announced the appointment of Dr. Sharon Rozenblat as Senior Advisor to the Scientific Advisory Board of its wholly-owned Israeli subsidiary, One World Cannabis Ltd ("OWC Israel").
GrowBlox Sciences, Inc. (OTCQB: GBLX) closed up on Thursday at $0.385 trading over 1.34 Million shares by the market close. Growblox Sciences, through its subsidiaries, focuses on the research and development of medical cannabis drugs and treatments. The company produces measurable medical-grade cannabis, cannabis concentrates, and cannabinoid therapies.
Medical Marijuana, Inc. (OTC: MJNA) closed down slightly on Thursday trading over 50.8 Million shares by the market close. Medical Marijuana's. CEO will speak on Cannabis Industry Trends & Cannabinoid-Based Pharmaceuticals at Money Show Orlando taking place Feb. 8-11 at the Omni Orlando Resort at ChampionsGate in Orlando.
Hemp, Inc. (OTC: HEMP) executives announced yesterday tat Hemp, Inc. has signed a Letter of Intent (LOI) with Real Estate Contacts, Inc. (REAC). According to the LOI, REAC will sell its Southern Hemp Company brand to Hemp, Inc. As part of the strategic partnership, REAC will continue to be the manufacturer and Hemp, Inc. will manage the retail operations. REAC executive, Roger Ford, will oversee the manufacturing of all products.
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 three thousand seven hundred dollars for news coverage of the current press release issued by Sugarmade, 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.
Media Contact email: email@example.com +1(561)325-8757
Subscribe to our Free Newsletters!
Cyanosis is the bluish or purplish discoloration of the skin and mucus membranes due to lack of ...
Find out about travel shots or vaccination before you travel to your destination country. Travel ...
Hay fever is caused by allergy to pollen and is characterized by runny or blocked nose, sneezing, ...View All