WESTMINSTER, Colo.,
Dec. 19, 2014 /PRNewswire/
-- Monarch America Inc. (OTCQB: CANK) ("Monarch America" or
the "Company") (f/k/a Cannabis Kinetics Corp.) is pleased to
provide this review of the Company's recent achievements and
strategic outline for continued growth in 2015.
"Over this past year, we achieved many of our early stage
corporate goals and I am extremely proud to say that Monarch
America is in a stronger and more diversified position today than
it has ever been," stated Eric
Hagen, CEO of Monarch America Inc. "During the year,
in addition to witnessing the incredible growth of the state legal
cannabis sector across the United
States, we successfully became a publicly traded company,
launched the Monarch America national brand of products,
established an import and distribution business for high demand
coco coir growing medium in Colorado, and changed our name to better
reflect our brand and expanded business model."
Hagen continued, "But the most significant milestones during the
past year have been our agreement to acquire the multi-million
dollar The Big Tomato hydroponics and indoor garden supply
business, and our ability to attract over $1.9 million in new capital commitments.
Both of these achievements have positioned Monarch America for
continued growth and expansion potential beyond our original
cannabis focused business model.
"Our strategy for 2015 is designed to take Monarch America, the
company and the brand, to the next level. This includes
establishing new The Big Tomato locations in select markets across
the country, building scale to our coco coir operation, launching
new products under the Monarch America brand, and leveraging our
extensive industry knowledge and expertise through consulting with
other businesses. We anticipate making significant progress
on all these fronts in the near future."
Hagen concluded, "I would like to take this opportunity to
personally thank the entire Monarch America team, our partners, our
customers, and our incredible investors and shareholders for making
2014 so successful. Without their continued support this
would not have been possible. I look forward to even more
success in 2015 and beyond."
Monarch America Inc. (f/k/a Cannabis Kinetics Corp.) files
reports with the Securities & Exchange Commission on EDGAR and
anticipates continuing to file such reports. The Company's
filings can be viewed at www.sec.gov.
Additional information regarding the Company can also be found
on its website at www.MonarchAmerica.com.
Contact:
Monarch America Inc.
Toll-Free: (888) 668-2280
E-mail:
media@CannabisKinetics.com
Website: www.MonarchAmerica.com
Cautionary Language Concerning Forward-Looking
Statements
Statements in this press release may be "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "anticipate", "believe",
"estimate", "expect", "intend", and similar expressions, as they
relate to the company or its management, identify forward-looking
statements. These statements are based on current
expectations, estimates and projections about the company's
business based, in part, on assumptions made by management.
These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to
predict. Therefore, actual outcomes and results may, and
probably will, differ materially from what is expressed or
forecasted in such forward-looking statements due to numerous
factors, including those described above and those risks discussed
from time to time in Monarch America Inc.'s (f/k/a Cannabis
Kinetics Corp.) filings with the Securities & Exchange
Commission. As a reporting issuer with the Securities &
Exchange Commission, Monarch America Inc. files Quarterly and
Annual Reports and other documents on EDGAR. We strongly urge
all persons to read our filings at www.sec.gov, which are publicly
available, in conjunction with this press release as we are in a
highly regulated industry that requires thorough research prior to
making any decision regarding a company, particularly an investment
decision. In addition, such statements could be affected by
risks and uncertainties related to Monarch America Inc.'s (i)
product demand, market and customer acceptance of its equipment and
other goods, (ii) ability to obtain financing to expand its
operations, (iii) ability to attract qualified management
representatives, (iv) competition, pricing and development
difficulties, (v) ability to fully implement our business plan as a
result of being a reporting issuer with the Securities and Exchange
Commission, and (vi) general industry and market conditions and
growth rates and general economic conditions. Statements made
herein are as of the date of this press release and should not be
relied upon as of any subsequent date. The Company cautions
readers not to place undue reliance on such statements.
Monarch America Inc. does not undertake, and specifically disclaims
any obligation, to update any forward-looking statements to reflect
occurrences, developments, unanticipated events or circumstances
after the date of such statement. Actual results may differ
materially from Monarch America Inc. expectations and
estimates. Information on Monarch America Inc.'s website does
not constitute a part of this release.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/monarch-america-inc-ceo-reviews-recent-achievements-and-provides-outlook-for-2015-300012387.html
SOURCE Monarch America Inc.
