VaporBrands International, Inc. to Market Hemp Oil in Electronic Cigarettes
06 February 2014 - 8:35PM
Marketwired
VaporBrands International, Inc. to Market Hemp Oil in Electronic
Cigarettes
LOS ANGELES, CA--(Marketwired - Feb 6, 2014) - VaporBrands
International, Inc. (OTC Pink: VAPR) (the "Company" or
"VaporBrands")and HEMP, Inc. (OTC Pink: HEMP) announced today that
VaporBrands will market Hemp Oil produced by Marijuana, Inc. a
wholly owned subsidiary of Hemp, Inc., in electronic cigarettes
supplied by VaporBrands for medicinal purposes and recreational
use, where legal.
The two companies have formulated a strategic plan for the
development of and use of Hemp Oil in specialized adaptations of
VaporBrands' electronic vaporization products for use in the field
of marijuana-based medicine. VaporBrands and Hemp signed a Letter
of Intent on January 28, 2014 with Marijuana, Inc., a wholly owned
subsidiary of Hemp, Inc., a leading provider of products and
services for the industrial hemp and medical marijuana industries.
Under the terms of the Joint Venture's strategic plan specially
designed vaporizing products, including electronic cigarettes will
be supplied by VaporBrands' to the Joint Venture and marketed
through Medical Marijuana dispensaries and eventually retail
marijuana superstores in Colorado and Washington when
operational.
VaporBrands and Marijuana, Inc. have agreed to research, develop
and distribute vaporizer products specifically for the use of Hemp
Oil in natural medicine. Marijuana, Inc. has also agreed to assist
VaporBrands in expanding the retail distribution of its current and
future electronic nicotine based cigarette products.
Based on the current and projected positive market conditions
for legal marijuana (medical and recreational), the Company
anticipates significant demand for VaporBrands and Marijuana, Inc.
co-developed vaporizing products among a wide cross-section of
users that are seeking the safest and most effective way to consume
marijuana.
About Marijuana, Inc. (OTC Pink: HEMP) Marijuana, Inc. is a
wholly owned subsidiary of Hemp, Inc. which focuses on supplying
services, products, and information related to the medical
marijuana industry or to those who have an affinity for the medical
marijuana industry. The company website will offer news, issues,
entertainment, and education on medical cannabis issues; developing
proprietary software for transaction processing, MIS, loyalty
program, and social network management; and producing video content
that deals with current events as they relate to the industry and
is available in high definition over the Internet. Hemp,
Inc.'s products include hemp nutraceutical products designed to
improve concentration and joint flexibility, increase awareness and
energy, and improve overall wellness, as well as to supply hemp and
blue-green algae protein; and skin care products for men and
women. Hemp, Inc. was founded in 2008 and is based in Las
Vegas, Nevada.
About VaporBrands International Inc. (VAPR) Vapor Brands
International, Inc. is a marketing and development partner for
manufacturers of electronic cigarettes. Electronic cigarettes
represent the future of smoking; they produce no smoke, tar, ash or
offensive odor while containing about the same amount of nicotine
as traditional tobacco cigarettes. Unlike traditional tobacco
cigarettes, electronic cigarettes can be used in many public places
currently restricted from smoking. VAPR intends to focus on
creating opportunities for culturally relevant brands seeking to
acquire significant market share in the rapidly growing "vaping"
sector of the global market.
FORWARD-LOOKING DISCLAIMER This press release may contain
certain forward-looking statements and information, as defined
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, and is subject
to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of Hemp, Inc. to be
materially different from the statements made herein.
Wendy Haviland VaporBrands International, Inc.
whaviland@vaporbrands.com
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