Crown Marketing to Establish Medical Marijuana Subsidiary
08 Mayo 2013 - 7:00AM
Marketwired
Crown Marketing Inc. (OTCQB: CWNM) is pleased
to announce that it has formed a wholly owned subsidiary, a
Colorado corporation, known as "Joint Venture Solutions, Inc."
("JVS" or "Company").
The Company's objectives will be two fold. Firstly, it hopes to
provide ancillary services such as financing and other "back room"
support to companies in the field of medical marijuana, an industry
which remains largely shunned by main stream business support
professionals. These possibilities are being evaluated on a
case-by-case basis.
Secondly, JVS intends to employ most or all of the free cash
flow generated from support services to research the benefits of
Crown's novel patented controlled delivery device with respect to
cannabinoids and more specifically to Cannabidiol, or CBDs.
CBDs are present in almost all strains of the cannabis plant.
CBDs are believed to possess many of the therapeutic qualities of
THC, but without the psychotropic effects (no "high"). For these
reasons, CBDs are considered highly marketable to the segment of
the population interested in marijuana related products for the
medical benefits but who shy away from the alteration of mood and
perception associated with consumption of THC. Because CBDs lack
the psychoactive compounds banned under various legal frameworks,
CBDs may be marketed nationwide. Moreover, preliminary research
indicates that precision time release of CBDs available with
Crown's controlled drug delivery technology would not only render
consumption more convenient, but would also dramatically improve
the pharmacological profile of these compounds, thereby yielding
greater medical benefits.
About The Company:
The parent of the new subsidiary, Crown Marketing's Controlled Drug Delivery Technology (CDDT) holds
patents for a novel controlled-release technology, harnessing the
principles of chaos theory, precise mathematical formulas and the
potentials of chemical diffusion characteristics.
The spectrum and reliability of pharmacokinetic profiles
achievable with this technology is superior to currently marketed
formulations. Its simple design allows for a high level of
flexibility in matching chrono-therapeutic requirements.
Cost-efficiencies in the commercial manufacturing process, when
compared to other drug delivery technologies, may constitute its
most important competitive advantage.
The objective of intelligent drug delivery design amounts to
maximizing the percent of the time drug plasma levels are within
the therapeutic range and avoiding patient exposure to potentially
toxic (High) or sub-therapeutic (Low) levels.
Crown's cost-effective application of controlled delivery
technologies may play a major role in the expansion of the
pharmaceutical, OTC and nutraceuticals industry through our ability
to improve on the performance of immediate release products in a
manner tangible to manufacturers and consumers.
More information can be found at: www.crowncddt.com
This release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements contained in this release that are not historical facts
may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain.
Actual performance and results may differ materially from that
projected or suggested herein due to certain risks and
uncertainties including, without limitation, ability to obtain
financing and regulatory and shareholder approvals for anticipated
actions.
Contact: Charles Van Der Ross 347-491-0565
America Great Health (CE) (USOTC:AAGH)
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America Great Health (CE) (USOTC:AAGH)
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