Miami, FL – January 24, 2019 (EmergingGrowth.com NewsWire) — EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Green Cures & Botanical Distribution Inc.(OTC Pink: GRCU).
Green Cures & Botanical Distribution Inc. operates various services and products in the medical marijuana and botanical industry. It focuses on the production, distribution, and management of cannabis-derived products. The company’s products comprise nutritional supplements, vitamins, minerals, herbs/botanicals, sports nutrition, and specialty products. It also provides online community portals that supply public with information and resources regarding the benefits of cannabis-derived products.
Average daily volume for GRCU is 6 million shares. Today’s news has the stock at 3.8 million shares in the morning hours of trading.
Green Cures & Botanical Distribution Inc.Press Release:
Green Cures & Botanical Distribution, Inc. Announces New Line of CBD-Infused Products to be Launched Under Hollywood Hemp Brand
Company launching high-end line of tinctures, salves and lotions infused with CBD
LOS ANGELES, Jan. 24, 2019 (GLOBE NEWSWIRE) — Green Cure & Botanical Distribution Inc. (OTC: GRCU) a Colorado Corporation (“The Company”) has come to terms on a strategic manufacturing agreement with a FDA registered, GMP compliant, CBD hemp extraction processing facility located in Colorado which will produce a full-array of premium CBD-infused tinctures, capsules, relief & recovery salves and body lotions under the “Hollywood Hemp” brand. The company is currently targeting the Health, Wellness, MMA (Mixed Martial Arts) and Pet & Animal sectors.
Under this new agreement, Green Cures & Botanical distribution will have access to complete in-house departmental services for CBD extracts, manufacturing, bottling, designing, printing, labeling, as well as fulfillment and shipping services. The company also has the ability to scale up production at any time as the new Hollywood Hemp products are launched.
The Company is in the process of expanding its Hollywood Hemp brand with its recently announced Hollywood Hemp Water. In addition, the Company will be adding a Hollywood Hemp CBD Capsules line, which are 100% organic, derived from hemp and only grown and extracted in the U.S.A. Hollywood Hemp CBD Tinctures, which are the most effective and the simplest vehicle to administer herbal medicine, are also being formulated at this time and added to the brand.
Green Cures & Botanical Distribution is putting a special emphasis on the Pet & Animal category for CBD products which are experiencing exponential growing demand and sales. More and more people are understanding the positive effects of CBD on animals particularly dogs and cats. With pet owners spending over $29 billion annually on pet supplements and related products the CBD-infused pet category presents a greenfield of opportunity. The company has developed a key product that will address this category and is already receiving interest from distributors and wholesalers nationally.
About Green Cures & Botanical Distribution, Inc. (OTC PINK: GRCU)
Green Cures & Botanical Distribution Inc. is revenue-generating company that wholesales and retails hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc., operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc. is continuously creating and introducing products that promote a healthy life style. For more information visit: http://www.grcustock.com/.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect, ” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov
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