Hop-on and United Cannabis Sign Contract
May 19 2014 - 10:40AM
Marketwired
Hop-on and United Cannabis Sign Contract
Re-Medical Finds Partner for Standardized Strains, Regional
Production
TEMECULA, CA--(Marketwired - May 19, 2014) - Hop-on, Inc. (OTC
Pink: HPNN) (PINKSHEETS: HPNN) is pleased to announce today that an
agreement has been reached with United Cannabis Corporation, Inc.
(UCANN) (OTC Pink: CNAB) (PINKSHEETS: CNAB) to assist with a
regional rollout in the multibillion dollar Cannabis market
utilizing their licensed partners' prolific catalog of award
winning CBD-dominant and THC:CBD strains and world class
cultivation expertise.
UCANN was selected as a strategic partner for their expertise in
the medical and recreational Cannabis marketplace, their numerous
regional partners that are state licensed and have been vetted for
quality, consistency, and business ethics, and the fact that they
are actively expanding from Colorado to other markets as they
become viable. UCANN will assist in provisioning exclusive Cannabis
cultivars that meet the stringent needs of Re-Medical's
standardized cannabinoid profiles, and provide assistance in the
build-out of processing, extraction, and production facilities, and
regional sales and distribution operations for Re-Medical's
cannabinoid therapies.
Re-Medical will provide licensing of intellectual property,
where appropriate, regarding standardized cannabinoid profiles that
show empirical or clinical efficacy as treatment for specific
ailments, standardized cannabinoid profile extraction methods,
efficient extraction of active ingredients from Cannabis using
supercritical CO2 fluid extraction technologies, and the
formulation and fabrication of transdermal and other innovative
cannabinoid delivery technologies.
The market for CBD and other cannabinoid therapies is just
beginning to be tapped, with over $600 million in annual sales
expected this year in Colorado alone. With the entrance of more
regions into the self-regulated cannabis marketplace, and the use
of curated strains, professional production and processing methods,
and rigorous testing standards, the market currently valued at
$1.53 billion is projected to grow 68% to $2.57 billion by the end
of 2014.
Peter Michaels, Hop-on CEO, stated, "As strategic partners,
Re-Medical and UCANN have the combined resources, experience, and
intellectual property to fulfill the longstanding dreams of many
who have suffered far too long in a marketplace without standards.
Together, we bring a force for quality, safety, efficacy, and a
true passion to end needless suffering. It's an amazing thing when
what's great for business is also great for society."
About Hop-on, Inc. Hop-on, Inc. is a global ODM and OEM
manufacturer of electronics, based in the United States. Over
the past 20 years, Hop-on has successfully secured essential
patents for mobile communications and computing technologies, and
is respected for developing the world's first disposable cell
phone. Hop-on's focus on smartphones and innovative mobile device
applications is bringing cost friendly solutions to today's
demanding world market. Hop-on is also diversified in nutraceutical
and cannabinoid technologies through its subsidiary Re-Medical,
Inc. For more information, please visit www.hop-on.com and
www.re-medical.com
About UCANN United Cannabis Corporation has a foundation in the
cannabis industries. With our consulting services, management and
oversight we are capable of assisting any Cannabis oriented company
on any scale. United Cannabis Corporation is now partnering
domestically and internationally with local businessmen,
entrepreneurs, scientists, and government agencies for the purpose
of promoting Best Practices in Planning, Procedures, Governance and
Patient Care. Consulting and providing guidance on design and
construction of growth facilities and cultivation of medical grade
cannabis-based products worldwide. With access to a catalog of
award winning genetics and coupled with our leadership &
experience we are positioned to take any Cannabis Business through
all of the steps for success. For further information, please visit
www.unitedcannabis.us
Forward-Looking Statements Certain statements in this news
release may contain forward-looking information within the meaning
of Rule 175 under the Securities Act of 1933, and are subject to
Rule 3B-6 under the Securities Exchange Act of 1934, and are
subject to the safe harbor created by those rules. All statements,
other than statements of fact, included in this release, including,
without limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and other results and
further events could differ materially from those anticipated in
such statements. Future events and actual results could differ
materially from those set forth in, contemplated by, or underlying
the forward-looking statements.
Additional Information For additional information, please
contact Shareholder Services (949) 756-9008 Email
contact@hop-on.com
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