MarketNewsUpdates.com: Rise in Innovative Cannabis Services Including Travel Experiences Providing New Revenue Opportunities

PALM BEACH, Florida, January 19, 2017 /PRNewswire/ --

The cannabis industry continues to grow into a multi-billion dollar segment of the economy while innovators and investors are finding ways to capitalize off the momentum with new products and services for producing significant revenue streams.  Cannabis companies in focus in the market include:  Cannabis Science, Inc. (OTC: CBIS), Marijuana Company of America, Inc. (OTC: MCOA), Rocky Mountain High Brands, Inc. (OTC: RMHB), Puration, Inc. (OTC: PURA).

ML Capital Group (Trading on the OTC Market under the symbol MLCG) today announced a preliminary $1 million 2017 sales forecast.  Management has published an online presentation detailing the forecast that is based on: Current annual sales approaching $400,000 annually; Record 2016 fourth quarter sales performance, and Entry into Cannabis Tourism through a pending acquisition.  Read this and more news for ML Capital Group at http://marketnewsupdates.com/news/mlcg.html

The Company recently announced record sale performance for the fourth quarter of 2016.  The Company also recently announced its entry into the cannabis sector through the pending acquisition of Spanish Peaks ScrumpDelicacies and a corresponding partnership with Puration, Inc. (OTC:PURA).  In a presentation published today, management details a preliminary $1 million 2017 forecast based on its introduction of a Cannabis Tourism offering on top of the ongoing growth from its existing luxury tourism business.  View the entire MLCG forecast presentation at this link:  MLCG 2017 LUXURY TOURISM SALES FORECAST TO INCLUDE NEW CANNABIS TOURS.

In other sector related activity, market performance and recent developments: 

Cannabis Science, Inc. (OTC: CBIS) closed up over 17% on Wednesday trading over 118 Million shares by the market close.  The Company works with leading experts in drug development, medicinal characterization, and clinical research to develop, produce, and commercialize novel therapeutic approaches for the treatment for illnesses caused by infections as well as for age-related illness.

Marijuana Company of America, Inc. (OTC: MCOA) closed up at $0.07 trading over 22 Million shares by the market close.  Marijuana Company of America is a publicly traded company headquartered in Southern California. MCOA will distribute marijuana and products related to marijuana as well as CBD and hemp, using a variety of marketing approaches to distribute on a global basis.

Rocky Mountain High Brands, Inc. (OTCQB: RMHB) closed up over 5% on Wednesday trading over 9 Million shares by the market close.  Rocky Mountain High Brands, a fully reporting consumer goods company specializing in hemp-infused food and beverage products and a naturally high alkaline water announced this week a February launch of its powerful GPS based geofencing software advertising system in the Los Angeles market.

Puration, Inc. (OTC: PURA) closed up over 25% on Wednesday trading over 8.9 Million shares by the market close.  PURA recently announced plans for the official launch its EVERx Cannabinoil (CBD) Infused Water at a major industry trade show in March 2017. Working with Alkame Holdings' (ALKM) wholly owned subsidiary Xtreme Technologies, PURA has developed the EVERx CBD Infused Sports Drink with 10 mg of CBD in a 16.9 oz bottle

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated three thousand nine hundred dollars for news coverage of the current press release issued by ML Capital Group. by a non-affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Contact Information:

Media Contact email:  info@marketnewsupdates.com - +1(561)325-8757

SOURCE MarketNewsUpdates.com