Endexx submits Memorandum for legal review to the MED in Colorado
October 02 2014 - 12:14AM
InvestorsHub NewsWire
Endexx submits Memorandum
for legal review to the MED in Colorado
Endexx Featured in
MicroCap
Review Summer/Fall 2014 Edition
CAVE CREEK, AZ - October 02, 2014 -
InvestorsHub NewsWire - Endexx Corporation (OTC Pink:
EDXC) a provider of innovative medical marijuana management and
technology solutions announced that its legal counsel recently issued
a Memorandum to the MED (Marijuana Enforcement Division) in
Colorado addressing the legality of the Autospense technology for
use in Colorado. CEO Todd Davis stated, “Endexx seeks to
collaborate with State regulatory bodies to provide best technology
and compliance practices to meet and establish standards for the
growing infrastructure required to support this industry. Through
transparency and proper communication channels Endexx will rely on
guidance from counsel and the MED to create policy engineered to
support compliance in Colorado and each legal state.”
Recently, in Las Vegas, Nevada,
Endexx introduced the Autospense Technology and the M3Hub inventory
tracking and management platform to two key groups of medical
marijuana applicants, physicians and business owners at events
hosted by the Las Vegas Medical Marijuana Association. Endexx then
met with legislators, lobbyists and the key senators behind the
current Nevada Medical Marijuana Program (NMMP). Alain Soutenet, GM
of Endexx, states “The Nevada Medical Marijuana participants have
shown to be a cohesive and well organized group showing a genuine
concern for creating a professional and transparent industry in
Nevada.” Endexx is aggressively pursuing opportunities in Nevada
with its suite of M3Hub technologies.
Endexx is also pleased to
announce that the company is featured in the Summer/Fall 2014
edition of the MicroCap Review Magazine, the Official Magazine for
the MicroCap Stock Market. You can read the article starting on
Page 18 on the MicroCap Review website www.stocknewsnow.com
by following the link below:
http://stocknewsnow.com/showcommentary.php?newsartid=ANEWSID30092014100003
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About
Endexx
Endexx provides innovative medical
marijuana management and technology solutions. The Company has two
products that launched in the first half of 2014 -- the m3hub and
the Autospense™. Both products provide essential solutions to
promote regulatory compliance and full accountability through "seed
to sale" inventory management and tracking. Based on principles
developed by the pharmacological industry, the m3hub database is
the first standardized software platform for tracking
pharmaceutical grade marijuana to support a Centralized Medical
Marijuana Industry Repository and maintain compliance with the laws
of the federal government and state and local regulatory bodies.
The Autospense™ is a high-tech marijuana inventory control and
dispensing machine, which provides up to the minute accounting
details and protects the security of the product as well as the
patient. By automating the dispensing process, Autospense™
increases productivity and reduces costs for marijuana retailers,
while enhancing their service quality by reducing transaction time
for customers. www.endexx.com, www.m3hub.com, www.autospense.com
Safe Harbor
Notice
This press release may contain
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, such as statements
relating to financial results and plans for future development
activities, and are thus prospective. Forward-looking statements
include all statements that are not statements of historical fact
regarding intent, belief or current expectations of the Company,
its directors or its officers. Investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are
beyond the Company's ability to control. Actual results may differ
materially from those projected in the forward-looking statements.
Among the factors that could cause actual results to differ
materially from those indicated in the forward-looking statements
are risks and uncertainties associated with the Company's business
and finances in general, including the ability to continue and
manage its growth, competition, global economic conditions and
other factors discussed in detail in the Company's periodic filings
with the Security and Exchange Commission. The Company undertakes
no obligation to update any forward-looking statements.
CONTACT:
For further investor and media information
Endexx Corporation
Todd Davis, Chairman &
CEO
endexx@endexx.com
480-595-6900
IRTH Communications
Robert Haag
Managing Director
edxc@irthcommunications.com
866-976-4784
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