SHARE

News Alert: Citius Pharmaceuticals Receives FDA Approval For LYMPHIR™ (Denileukin Diftitox-Cxdl) Immunotherapy For The Treatment Of Adults With Relapsed Or Refractory Cutaneous T-Cell Lymphoma. Click to Read More.

Green Cures & Botanical Distribution Inc (OTCMKTS:GRCU) is making progress in its cannabis and hemp infused products. The company recently announced that it has reached an agreement with JustUs Aquaponics to execute a supply of legal industrial hemp whole plant extraction CBD oil. Additionally, the new CEO of the company, Dr. Trent Jones, released a corporate update letter to shareholders.

Green Cures announced that the new supply line would help the company manufacture a large inventory of hemp and CBD induced botanical and medicinal derived formulas. The company already markets some of these products through its e-commerce website, allcbd.com. However, the new addition to the supply chain would mean that more potent cannabis products might be along the way.

As per the corporate update, the CEO confirmed that the CBD oil being used in the company’s products would be greatly improved in terms of quality. Additionally, the new products would be available at more affordable prices. However, the CBD infused drugs are not the only hemp products the company has to offer. Recently, the company had launched its Rico Sauve energy drink. The letter stated that Green Cures has established deals for direct store distribution and online retail sales. The drink is already available for purchase through Amazon.

Green Cures also made public its plans to make its e-commerce website CBDOil.us, more interactive. The update would include a map to help users locate retailers that market the company’s products near them. The CEO also wrote that the online campaigns, which began in 2014, have allowed his company to test a number of marketing strategies and also analyze its audience. Due to this, the company believes it is ready and focused on a single strategy and will make the most of the available consumer base.

Green Cures & Botanical Distribution Inc (OTCMKTS:GRCU) closed at $0.0013, without reporting any change on May 13. The company has 253.7 million shares being traded in the market, with a 52-week range of $0.00-$0.04.

SHARE
Previous articleSPYR Inc (OTCMKTS:SPYR) Named “Stock Pick of the Year”
Next articleAmpliphi Biosciences Corp (OTCMKTS:APHB) Expands To Push Products Out of the Pipeline
Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.