Legal Marijuana Industry Could Exceed $30Billion for 2020 as Additional States Approve Legalization - Company Adds Prominent Hollywood Personalities to Advisory Board

CORAL SPRINGS, Florida, November 13, 2014 /PRNewswire/ --

According to Green Wave Advisors, the Legal Marijuana Industry is forecasted to reach $20 Billion to more than $30 Billion dependent upon the number of future states that approve legalization. Companies in focus today are: OSL Holdings, Inc. (OTC: OSLH), Tauriga Sciences, Inc. (OTC: TAUG), Terra Tech Corp. (OTC: TRTC), Hemp, Inc. (OTC: HEMP) and Surna Inc. (OTC: SRNA)

OSL Holdings Inc. (OTCQB: OSLH), a socially conscious business model dedicated to consumer advocacy, social activism and the advancement of civil liberties through the power of commerce, announced today the creation of a Social Advisory Board. The Board will help shape OSL's corporate identity; will work closely with management to create new socially conscious business verticals and will support corporate and business development initiatives by raising the awareness of our company as we seek to attract additional investment capital within and outside Hollywood.  The Board will be comprised of nine members and plan to appoint investors and shareholders from the media and entertainment industries. OSL Holdings intends on including investors and shareholders from the fashion, retail and financial services industries as well as business leaders in the socially conscious business sectors. The Board will launch with three inaugural members: Molly Newman, David Zucker and David Marshall Grant.  Newman, Zucker and Grant have all invested in OSL Holdings and are presently shareholders of the Company.

Read the full OSLH Press Release at http://www.financialnewsmedia.com/profiles/oslh.html

Molly Newman is an Emmy Award-winning television writer and producer. Most recently, she was a writer and Consulting Producer on "Political Animals" which was nominated for Emmy, Golden Globe, and Writers Guild Awards. She spent five years as Executive Producer of the ABC series "Brothers and Sisters." Her varied television career includes credits in multiple genres: single camera comedy ("The Larry Sanders Show") multi-camera comedy ("Frasier" "Murphy Brown") sketch comedy ("Tracey Takes On…") and drama ("Brothers and Sisters"). As a playwright, she was nominated for a Tony award for the Broadway production of her play Quilters. Her plays have been produced on the main stages of many regional theaters including The Kennedy Center, The Mark Taper Forum, Actor's Theatre of Louisville, Houston's Alley Theatre, The Denver Center Theatre Company, and the Pittsburgh Public Theatre.

David Zucker is an award winning writer, producer and director whose films have grossed more than $1 billion.  Among his credits are Airplane, The Naked Gun and  Scary Movie franchises, Kentucky Fried Movie, Phone Booth, Ruthless People, Top Secret, and A Walk in the Clouds.  David Marshall Grant is a Tony nominated actor with many Broadway, Television and Film Credits, including Angels in America, American Fliers, Bat 21, The Devil Wear Prada, thirtysomething, Chicago Hope, Law & Order, and Alias   As a television writer and producer David has worked on numerous shows including, Brothers & Sisters. Smash, and Nashville. 

In other Cannabis/Legal Marijuana news & events:  Steve Gormley with OSL Holdings is currently attending the  3rd Annual Marijuana Business Conference & Expo along with 2,000 cannabusiness pros and major investors from more than 30 US states and 10 countries at the industry's biggest and oldest national conference at the Rio All-Suites Hotel & Casino in Las Vegas November 12-14th. The conference is produced by Marijuana Business Daily, the industry's most trusted professional news source. https://mmjbusinessdaily.com/conference/

To Read the full Green Wave Report mentioned above at http://greenwaveadvisors.com/wp-content/uploads/GreenWave_Report_ES.pdf. 

Tauriga Sciences, Inc. (OTCQB: TAUG), a diversified life sciences company with interests in the natural wellness sector and in developing a proprietary synthetic biology platform technology, recently announced that it has signed a non-binding MOU with Japan-based iFlow, Ltd. ("iFlow") to distribute and sell three new Tauriga-branded natural wellness products to the Japan, Taiwan and Hong Kong regions (the "Territory"). iFlow is an innovative and entrepreneurial Asian marketing and distribution company with motivational products in health, lifestyle, education, business and finance. If a definitive agreement is reached, the partnership between the companies would enable Tauriga to reach Asian customers with an interest in natural healing. The intent of the parties is for the initial focus of the partnership to be on two different formulations of Tauriga's proprietary TopiCanna topical cannabis cream and on Tauriga's CannaCaviar brand of small soft gel supplements. In compliance with Japanese medical marijuana law, all three products would use oil that has been extracted from the stalk of the cannabis plant and that is higher in CBD (cannabidiol) and low in THC, hence providing wellness and healing properties without psychoactive effects. If the initial phase of the proposed partnership is successful in establishing the Tauriga natural wellness brand in the Territory, the two companies plan to extend the agreement to include additional Tauriga products, such as Tauriga's new line of natural dietary supplements.

Terra Tech Corp. (OTCQB: TRTC) recently announced they have completed testing and formulating compounds at their cannabinoid extraction facility in Northern California and are now moving into production. The company will be producing a variety of oils, waxes and other mediums of concentrated cannabinoids. In March of this year the company announced they are developing a research and industrial extraction facility focused on the medical cannabis market. The facility was built in response to what the company views as an increase in demand for high grade CBD as well as other cannabis extracts. On September 9, 2014 the company's Board of Directors unanimously voted to allow the company to engage in the production, extraction and retail sale of medical cannabis if done so in full accordance with the state and local medical marijuana laws(ordinances) in which they operate. This allows the company's executive team to transparently operate in the medical cannabis market.

Hemp, Inc.'s (OTCPink: HEMP) wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), is pleased to announce that it has signed a consultant agreement with VaporBrands International, Inc. (OTC: VAPR), a leading company focused on the development and ownership of electronic cigarette brands. Per the Consultant Agreement, IHMMCC will provide product distribution, professional sales and marketing services, and sales representation for VaporBrands to the medical marijuana and industrial hemp industries, as well as source partnerships for international expansion and other traditional channels of distribution. The much-anticipated collaboration between the two companies is off to a good start, according to Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP). "The goal is to further establish partnerships for VaporBrands to help internationalize their reach and presence."

Surna Inc. (OTCQB: SRNA) is a Boulder, Colorado-based engineering and manufacturing company with a current emphasis on equipment and engineering for the rapidly growing $2.3 billion legal cannabis industry. With a focus on developing and/or acquiring disruptive technology, equipment, and related support services, the company's goal is to bring new technology to the cannabis marketplace to make growing operations more efficient and profitable. See an interview with Surna CEO Tom Bollich. It the video below does not display properly use the following link: https://vimeo.com/110265907

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter:  http://twitter.com/FNMgroup. 

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG 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. FNMG'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. FNMG 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 FNMG has been compensated one thousand six hundred dollars for news coverage of the current press release issued by OSL Holdings, Inc. by the company.FNMG 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 FNMG undertakes no obligation to update such statements.

Contact Information:
Company: FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED