Cannabis Industry & Legal Marijuana Opportunities Become Hot Topic for 2015 as Product Commercialization Programs Improve Cultivation Operations
CORAL SPRINGS, Florida, January 6, 2015 /PRNewswire/ --
As more and more medical marijuana dispensaries open in approved states, Cannabis/Marijuana Companies and Providers look for improved technology for innovative methods that address the energy and resources for intensive nature of indoor/outdoor cannabis cultivation. Companies in focus today are: Surna Inc. (OTC: SRNA), Cannabis Science, Inc. (OTC: CBIS), Nuvilex, Inc. (OTC: NVLX), GW Pharmaceuticals plc (NASDAQ: GWPH) and Easton Pharmaceuticals Inc. (OTC: EAPH) and Terra Tech Corp (OTC: TRTC).
Surna Inc. (OTCQB: SRNA), an engineering, manufacturing, and installation company specializing in commercial indoor cannabis cultivation technology, announced today it has appointed Bryon Jorgenson as Chief Operating Officer. Jorgenson has more than 25 years of experience as an executive-level manager and engineer in the industrial electronics and industrial automation systems sectors.
Before joining Surna, Jorgenson was Chief Operations Officer and Founder of MIROPEX, LLC, a management consulting organization serving technology based companies; and has been focused on business development functions including product commercialization, pre-acquisition due diligence, business integration, management team transition, and operations performance improvement.
"The vast experience Bryon possesses in leading new product commercialization programs will greatly enrich Surna's engineering proficiency and ability to consistently provide the most efficient, highest quality technology systems to the cannabis industry," said CEO Tom Bollich. "Bryon is an essential addition to the Surna team and will be pivotal to our success, permitting us more deftly develop and manufacture cutting-edge innovations in licensed cannabis cultivation."
Read the FULL SRNA Press Release at http://www.financialnewsmedia.com/profiles/srna.html
Surna, Inc. (http://www.surna.com) develops innovative technology and products that control or address the energy and resource intensive nature of indoor cannabis cultivation. Currently, the Company's revenue stream is based on its main product offerings - supplying industrial technology and products to commercial indoor cannabis grow facilities. Headquartered in Boulder, CO, Surna's diverse engineering team is tasked with creating novel energy and resource efficient solutions, including the Company's signature water-cooled climate control platform. The Company's engineers continuously seek to create technology that solve the highly specific demands of the cannabis industry for temperature, humidity, light and process control.
In other developing Cannabis/Legal Marijuana News & Happenings: Cannabis Science, Inc. (OTCQB: CBIS), a U.S. Company specializing in cannabis formulation-based drug development and related consulting, announced this week the International release of 8 initial products that will be synergistically produced, distributed and marketed across the Netherlands, Spain and California where Cannabis Science is active and has cannabis production facilities. Read the full release at http://finance.yahoo.com/news/cannabis-science-inc-cbis-release-174300428.html
Nuvilex, Inc. (OTCQB: NVLX), a clinical-stage biotechnology company providing cell therapy solutions for the treatment of diseases, announced in late December that the U.S. Food and Drug Administration (FDA) has granted Nuvilex orphan drug designation for its pancreatic cancer treatment. Nuvilex's pancreatic cancer treatment combines Nuvilex's patented and proprietary cellulose-based encapsulation technology, known as Cell-in-a-Box(R), with the cancer prodrug ifosfamide and encapsulated live cells that convert the prodrug into its cancer-killing form. These capsules are placed as close to the cancerous tumor as possible to enable the delivery of the highest levels of the cancer-killing drug at the source of the cancer. This "targeted chemotherapy" has proven remarkably effective in past clinical trials.
GW Pharmaceuticals plc (NASDAQ: GWPH), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, recently announced that it has been selected for addition to the NASDAQ Biotechnology Index(R) (Nasdaq:NBI). The NASDAQ Biotechnology Index is designed to track the performance of a set of NASDAQ listed securities that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark (ICB). The NASDAQ Biotechnology Index is re-ranked semi-annually in May and November. The NASDAQ Biotechnology Index is the basis for the iShares Nasdaq Biotechnology Index(SM) Fund (IBB), which seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ Biotechnology Index. In addition, options based on the NASDAQ Biotechnology Index and the iShares NASDAQ Biotechnology Index Fund trade on various exchanges. For more information about the NASDAQ Biotechnology Index, including eligibility criteria, visit http://www.nasdaq.com.
Easton Pharmaceuticals Inc. (OTCPink: EAPH) announced on December 31st it has signed an agreement with Medicated Markets International LLC., a major California medical marijuana grower. Easton Pharmaceuticals has been in search of and intent on entering the lucrative Medical Marijuana cultivation and distribution industry via the acquisition of a grower via a direct investment or through a partial reverse merger / acquisition. Easton Management is pleased to announce that both Medicated Markets and Easton Pharmaceuticals have reached an agreement in principle. Easton had intended to announce the progress made prior to the Christmas holidays on December 23rd but the holiday season and the California companies prior commitments made this date not attainable. Information withheld within this release shall be mentioned and highlighted in subsequent releases upon finalization of a final executed agreement has been which shall provide shareholders with a detailed outline of a final agreement reached with "Medicated Markets International LLC."
Terra Tech Corp (OTCQB: TRTC) announced last month a new brand of exceptional quality cannabis products. IVXX, a wholly-owned subsidiary of Terra Tech, was developed by cannabis veterans Salwa Ibrahim and Derek Peterson, who believe in cannabis and its associated benefits. They and their entire IVXX team are committed to building a brand that delivers benchmark quality and consistency. Read the full release at http://finance.yahoo.com/news/terra-tech-introduces-ivxx-tm-110700803.html
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