Hop-on Enters Cannabis Market
20 March 2014 - 3:20AM
Marketwired
Hop-on Enters Cannabis Market
USAcig Shipping Products for Distribution in Colorado
TEMECULA, CA--(Marketwired - Mar 19, 2014) - Hop-on, Inc. (OTC
Pink: HPNN) (PINKSHEETS: HPNN) today is announcing that USAcig, a
wholly owned subsidiary of Hop-on, is shipping market ready
hardware for its industrial hemp-based cannabidiol (CBD) oil for
distribution in the State of Colorado.
USAcig has completed development and testing, and entered mass
production of electronic cigarettes containing cannabis oil
byproducts for distribution and sale. USAcig has a range of
products including disposable electronic cigarettes and re-usable
stainless steel hardware that produce enough heat to burn cannabis
oils for proper delivery.
USAcig's cannabis oils are created using hand-picked batches of
select herbals that undergo a state-of-the-art supercritical fluid
extraction process. This environmentally friendly process allows a
pure botanical oil extract to be obtained, alleviating the
possibility of contamination with volatile solvents such as butane
or ethanol that can occur in other extraction methods. Once
extracted, laboratory testing is performed to monitor for
impurities or adulterants, and to test for potency of the key
active components prior to preparation and packaging of the final
product.
CBD oil can and is currently used in a variety of products,
including dietary supplements, personal care, lifestyle, and
anti-aging products just to name a few. Hop-on expects its CBD oil
to be utilized by a number of e-cigarette businesses who have
inquired about the Company's CBD oil, for use in those companies'
e-cigarettes that may contain hemp oil.
Peter Michaels, President of Hop-on and its subsidiaries,
stated, "With our new hardware that is specially designed to burn
cannabis oils at high heat, we are well positioned for the booming
Colorado cannabis market that has been demanding new products in
this space."
Twenty states and the District of Columbia have enacted laws
that allow the use of marijuana for medicinal purposes with a
doctor's recommendation. Colorado and Washington have also
legalized recreational use of marijuana. Marijuana is still illegal
under federal law, but the US Justice Department has said it will
not challenge states' marijuana laws as long as they do not run
counter to certain federal enforcement priorities, such as
restricting sales to minors.
ABOUT HOP-ON,
INC. Hop-on, Inc. is a global ODM and OEM manufacturer of
electronics, based in the United States. Over the past 20 years,
Hop-on has successfully secured essential patents for mobile
communications and computing technologies, and is respected for
developing the world's first disposable cell phone. Hop-on's focus
on smartphones and innovative mobile device applications is
bringing cost friendly solutions to today's demanding world market.
Hop-on is also diversified in delivering cannabis remedies. For
more information, please visit www.hop-on.com, www.usacig.com and
www.re-medical.com
This press release contains forward looking statements pursuant
to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements include risks and
uncertainties that may cause the company's plans to change and are
in no way intended to guarantee that the company will be successful
in executing its plans. Hop-on, Inc. common stock currently trades
on the over-the-counter "Pink Sheets" under the symbol HPNN. This
press release in no way constitutes any recommendation regarding
the securities of HPNN or its affiliates. Any person reading this
press release is advised that this release should be considered in
the light of all facts and circumstances regarding the business and
financial condition and prospects of HPNN, and no inference has
been made that this release contains all such information.
Additional
Information For additional information, please contact Peter
Michaels (949) 756-9008 Email contact@hop-on.com
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