FBEC Worldwide Inc (OTCMKTS:FBEC) is an innovative beverage company that specializes in HEMP infused energy shots and additional neutraceuticals. The company will launch its first signature HEMP infused energy shot called the WolfShot on August 1st of this year. On Wednesday the CEO issued a shareholders update discussing the launch of the new product as well as the company’s efforts to update their filings and stay under SEC Reporting guidelines. The company recently up-listed to the OTCQB last week. Next the company is currently in the closing process of a distribution contract with Colorado-based JSB Distribution Company to assist in places its product in more than 1000 targeted stores that range from independent C-stores to smoke shops and gas stations within the next 30 days. FBEC is currently trading between $0.08-$0.10 over the last couple of weeks.
Terra Tech Corp (OTCMKTS:TRTC) announced on Wednesday through its subsidiary Edible Garden, an urban agriculture company, they will expand their line of naturally grown living produce to approximately 182 Stop & Shop grocery stores throughout the Northeast. COO Ken Vande Vrede, stated, “”This is a huge success, we have been working for close to a year to get our products into Stop & Shop,” he then continued with, ”So many retailers are now in support of local farmers, helping create local jobs, and investing in their local communities, which has led to rapid Edible Garden brand expansion. The division is now cash flow positive and we are excited that our fundamentals are beginning to shape up.” TRTC over the last 10 days has seen a price increase of 132.70% from lows of $0.0795 to highs on Wednesday of $0.185.
CannaVEST Corp (OTCMKTS:CANV) a leading manufacturer and distributor of hemp-derived Cannabidiol (CBD) oil products announced on Wednesday morning that the company has finally settled its ongoing litigation with Medical Marijuana Inc (OTCMKTS:MJNA). The company’s Chairman and CEO, Michael Mona, Jr., said, “We are very pleased to achieve a full and final settlement of the litigation between CannaVest and Medical Marijuana, Inc. We believe the terms of the settlement are positive for our stockholders, and having this matter resolved allows us to avoid the cost of litigation going forward and focus on executing our growth strategy.” Over the last week CANV has seen a 100% increase from lows of $0.725 to highs on Wednesday of $1.45.
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Additionally, Terra Tech Corp (TRTC) subsidiary Edible Garden, a hydroponic herb and produce cultivator, on Dec. 9 said it will be displaying their line of living produce at this years New York Produce Show and Conference held in Manhattan between December 10th through 12th. The three-day event will play host to multiple conference sessions, networking opportunities and a trade show featuring over 400 companies catering to buyers representing retail as well as food service.
Medical Marijuana Inc(OTCMKTS:MJNA) shares is trading at $0.194. The company on Jan. 10 informed shareholders and the general public that HempMedsPX(TM) — a corporate portfolio company of Medical Marijuana Inc. and the exclusive master distributor and contracted marketing company for CannaVest Corp. and Medical Marijuana, Inc. — updated the Cibdex(TM) product line labeling and added new cannabidiol (CBD)-rich hemp oil capsules to their nutritional supplement product line.
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Additionally, MJNA on Dec. 19 announce to investors and the general public that HempMedsPX(TM) — a corporate portfolio company of Medical Marijuana, Inc. and the exclusive master distributor and contracted marketing company for CannaVest Corp. and Medical Marijuana, Inc. — has recently been approved to display a doctor’s seal of approval, a major benefit granted by consumer protection service Doctor Trusted(TM).
Growlife Inc(OTCBB:PHOT) shares is trading at $0.23. The company on Jan. 17 provide a letter from Sterling Scott, Chairman of the Board and CEO.
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Additionally, the company on Jan. 3 announce that the Company has added Alan R. Hammer to the Board of Directors. Hammer joins GrowLife via a Board seat allocated to CANX USA LLC, GrowLife’s recently announced Joint Venture partner which has provided the Company with a capital pledge of up to $40 million U.S. for acquisitions, growth capital, and its GIFT program operating in the legal cannabis industry. Hammer is a veteran attorney and advisor who has concentrated his law practice in the areas of investment real estate transactions and tax appeals, representing the purchasers and sellers of office buildings, shopping centers, industrial facilities and apartment complexes since 1971.
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