Hemp Based Products Grow in Popularity as R&D Studies Reveal Progress - NEWC Announces Results for Recent Market Study

CORAL SPRINGS, Florida, June 3, 2014 /PRNewswire/ --

Cannabis companies making progress by forging ahead with product developments, Hemp based product studies and form business partnerships as the industry expands: New Colombia Resources, Inc. (OTC: NEWC), Cannabis Science, Inc. (OTC: CBIS), Tranzbyte Corporation (OTC: ERBB), Nuvilex, Inc. (OTC: NVLX) and Hemp, Inc. (OTC: HEMP)

New Colombia Resources, Inc. (OTCQB: NEWC)  is pleased to announce results of a market study by leading Hispanic infomercial producer, Doral Studios, of hemp based products for the U.S. Hispanic and Latin American markets.   Doral Studios Inc. d/b/a RC Television Production has produced English and Spanish speaking infomercials for over 15 years.  Their market research team did a survey to gauge the interest between in a pain or beauty hemp based product for the Hispanic market.  The results were very favorable for these innovative new products.  The following are basic conclusions of the consumer preference analysis done by Doral Studios Inc. in reference to the products.

To Read the Full NEWC Press Release, go to:  http://fnmprofiles.com/profiles-newc.html

The population subject of the study included male and female professionals, makeup artists, personal trainers, corporate executives, students, housewives, and others.  The age brackets were calculated every ten years, except for the first segment that was from age 25 to 40.  Based on the data results of the overall survey, RC Television Productions considers the direction for the placement of the product is the PAIN REDUCING CREAM.  The enhancement of the product with its hemp content had a very positive impact on consumers; especially due to the wide spread knowledge of the medicinal uses of hemp and cannabis.  This represents a very powerful marketing tool, with consumer awareness and a tremendous marketing advantage at the present time. Timing is of the essence to convert the brand and the product into a market leader.

Cannabis Science, Inc. (OTC: CBIS), a U.S. Company specializing in the development of cannabis based medicine, announced that the first set of data from the preclinical development of proprietary cannabinoid-based product is expected this week. The product development for neurological disorders is one of the many applications the Company is developing under the patent filed last year. In response to the numerous communications that the Company receives from the general public about medical cannabis research and treatment for critical ailments, Cannabis Science intends to establish an informational hotline in the near future to respond in real time to questions and to provide educational information about cannabinoid-based products.  To Read the Full CBIS Press Release, go to: http://finance.yahoo.com/news/cannabis-science-operational-first-data-131500829.html

Tranzbyte Corporation (OTC Pink: ERBB) recently announced that it has selected SmarterSign to deliver ads to the top screen of its ZaZZZ units. The platform offers a scalable solution combined with ease of use that works perfectly withAmerican Green's integrated advertising plan allowing the store, local, and national advertisers to control messaging in real-time from anywhere in the world. The company also announced the addition of Urban Cannabist to its suite of web properties. Urban Cannabist is a dispensary locator designed to work on all computer and cell phone screens and will evolve into a social rating application as a fully integrated part of its growing web presence.

Nuvilex, Inc. (OTCQB: NVLX) recently announced it now has access to $50 million with a new banking agreement. In an original funding agreement that was not favorable at all to the company's shareholders, Nuvilex had access to $27 million, but with a new at-the-market banking agreement with Chardan Capital, the company now has access up to $50,000,000 which is $23 million more than it had access to just one week ago. This new at-the-market banking agreement with Chardan will give the Maryland biotech access up to $50,000,000, the opportunity to get out of a "not-so-friendly" deal with another firm, and it will help the company to preserve shareholder value by allowing it to control the deal.  This is an agreement that should put Nuvilex in a very comfortable place and let it get to work on furthering its treatment for advanced pancreatic cancer and diabetes using the company's Cell-in-a-Box^® technology. 

Hemp, Inc.'s (OTC Pink: HEMP) wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), recently announced that it has signed a consultant agreement with View Systems, Inc. (OTC: VSYM), a leading Baltimore-based manufacturer and provider of integrated weapons detection systems. Per the agreement, IHMMCC will provide product distribution, professional sales and marketing services, and sales representation for the View-Scan product line to the Industrial Hemp and Medical Marijuana Industries, as well as other traditional channels of distribution. The Agreement apportions 480 View-Scan units to be sold in the marketplace. Areas of initial interest include Colorado, Washington, California, Arizona and Nevada, but IHMMCC expects to expand beyond these areas. IHMMCC has already begun marketing the View-Scan unit at the first annual Cannabis Capital Summit and HempZone lounge, in Denver, Colorado, where View Systems, Inc. (VSYM) was able to showcase its product line in front of hundreds of potential buyers and investors in the cannabis industry.

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