Legal Marijuana Industry Fueling Higher Standard of
Production and Preservation for Cannabis Based
Products
Palm Beach, FL -- February 21, 2017 -- InvestorsHub NewsWire --
The cannabis and legal marijuana industry continues to be a rapidly
growing and very lucrative opportunity for a variety of companies,
but a recent focus on intellectual property development and
innovative services have emerged as companies go all-out to serve
the thriving consumer demand where legally approved marijuana
operations have been approved. Companies in the race to
enhance production and quality as well as providing new advanced
services in the industry include: Sugarmade, Inc. (OTC: SGMD),
Cannabis Science, Inc. (OTC: CBIS), MassRoots, Inc. (OTC: MSRT),
mCig, Inc. (OTC: MCIG), United Cannabis Corporation (OTC:
CNAB).
Sugarmade, Inc. (OTCQB: SGMD), announces the completion of an
agreement allowing the Company to introduce a new and revolutionary
set of intelligent and active packaging systems for cannabis
transport and storage. These products will allow cultivators and
retailers to preserve THC levels, protect trichomes and save
terpenes, while helping to mitigate pathogen levels, all of which
are critical to the marketing and enjoyment of high-quality
cannabis flowers.
We plan to lead the market in advanced transport and storage for
the fast growing cannabis industry, commented Jimmy Chan, CEO.
Currently, cannabis flowers have a very short shelf life. The
trichomes that protect the cannabinoids, terpenoids and flavonoids
are extremely sensitive to handling, atmosphere gases, humidity and
light. Current methods of transport and storage are very unfriendly
to trichome preservation, resulting in millions of dollars in lost
profits for cultivators and retailers and reduced enjoyment by
consumers. Our aim is to lead the market in fixing these problems
for the fast growing cannabis marketplace. Read this and more
news for SGMD at http://marketnewsupdates.com/news/sgmd.html
Through the use of patent protected technologies, Sugarmade will
offer transport and storage containers that will actively create
the ultimate protective environment within transport and storage
containers, while also applying food safe oxidizers to mitigate
pathogens to make cannabis safer. Sugarmade and its licensor
partner, Cannabis Active Packaging, Inc., are currently in the
applications development process and are actively developing
prototypes for testing in the laboratory environment.
While the food industry has used modified atmosphere packaging
for many years, recent advancements have given way to active and
intelligent packaging. Active packaging is a smart system that
involves interaction between packaging components and the internal
gas atmosphere within the package. The intellectual property on
which Sugarmade will base its new products takes active packaging
one step further by adding intelligence to the packaging, which
will allow for active feedback to the consumer and tracking
throughout the entire supply chain.
In other recent performances and developments in the marijuana
markets:
Cannabis Science, Inc. (OTC: CBIS) News: Crown Baus Capital
Corp. (CBCA) announces the Company acquires 100-acre investment
participation in the Cannabis Science, Inc. (CBIS) Property and
Drug Development Projects spread across California and Nevada. The
agreement includes cultivation, laboratory, and manufacturing
capabilities. CBIS will receive 10 million common shares of CBCA as
payment in kind. Mr. Dabney is the President, CEO, and Co-Founder
of both CBCA and CBIS.
MassRoots, Inc. (OTCQB: MSRT) closed up at $1.01 on
Friday trading over 2.3 Million shares by the market close.
MassRoots, one of the leading technology platforms for the cannabis
industry, announced on last Friday a general business update on the
Company and legal cannabis marketplace. Read the full update
at: http://finance.yahoo.com/news/massroots-provides-business-company-outlook-140000927.html
mCig, Inc. (OTCQB: MCIG) closed up over 7% on last Friday
trading over 2.7 Million shares by the market close. mCig Inc., a
diversified company servicing the legal cannabis, hemp, and CBD
markets, earlier this month came into a significant agreement with
several MCIG's major shareholders to reduce its common stock by 60
million shares by converting those shares into 6 million Series A
Preferred Stock with a minimum 2 year lock up agreement.
United Cannabis Corporation (OTCQB: CNAB) closed even last
Friday at $2.00 trading over 1.5 Million shares by the market
close. United Cannabis recently announced that it, along with
its Jamaica-based subsidiary, Cannabis Research & Development
("CRD"), had signed a Letter of Intent with the Caribbean Institute
of Medical Research to collaborate on advancing clinical research
on medical cannabis.
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