Medican Enterprises, Inc. (OTCBB:MDCN) a bio-pharmaceutical company
focused on developing, and marketing pharmaceutical grade cannabis to
the emerging global medical marijuana market is pleased to announce a
strategic sales marketing plan with Music Quest Entertainment.
After an extensive, year long evaluation of different strategic
opportunities to produce active sales, the changes that we are
instituting will assure that Medican Enterprises will accelerate
delivering high quality products and sales.
“As the company moves forward, we are profoundly grateful for our old
and new advisers’ guidance and support that has been offered over the
last several months,” said Ken Williams, CEO.
The investments in sales opportunities have positioned the company for
our next level of growth and success which includes; Michigan Investment
Property, Wine products, and the automated natural light cannabis grow
facilities. As contracts are signed, construction will begin early
October.
We have just entered into a Memo of Understanding with a leading media
marketing group out of Chicago, Music Quest (www.musicqe.com)
for the celebrity promotion and marketing of D420. Our branded Moscato
Wine to be produced, labeled and distributed in collaboration with
Newealth US, Inc. The first cases/bottles of wine will be shipped within
the next 5 weeks. This venture will establish a market share within the
trillion-dollar African American retail entertainment community. To
further the potential of capturing this market segment Medican, Newealth
and Music Quest are in the final stages of launching a live stream
internet network for production and distribution of movies, artist
videos (established and new), weekly series, live feeds from concerts,
clubs, auctions, documentaries, news and more.
All of these investments have been secured mostly through extensive
collaboration with Newealth and Music Quest so capital outlay has been
minimal. Again, sales offer the best path towards success for Medican
and we are currently on that path.
Thank you for your patience we will see improvement to our bottom line
starting this month.
About Medican Enterprises Inc.
Medican Enterprises is a
bio-pharmaceutical company focused on developing, distributing and
marketing pharmaceutical grade cannabis to the emerging global medical
marijuana market. It’s wholly owned subsidiary Medican Systems Inc. is
an industry leader in the design, construction and operation of Medical
Marijuana and Cultivation Centers across Canada. For more information
visit: http://medican.enterprises
Forward-Looking and Cautionary Statements
Certain
statements contained herein contain “forward-looking statements” within
the meaning of Section 27A of Securities Act of 1933, and Section 21E of
the Securities Exchange Act of 1934. Statements in this press release
that are not purely historical are forward-looking statements and
include any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors, which may
cause the actual results, performance or achievements of Medican
Enterprises Inc. to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Given these uncertainties, readers are cautioned not to
place undue reliance on such forward-looking statements. Medican
Enterprises Inc. disclaims any obligation to update or to announce
publicly the results of any revision of the forward-looking statements
contained or incorporated by reference herein to reflect future events
or developments. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors should
consult all of the information set forth herein and should also refer to
the risk factors disclosure outlined in the reports and other documents
we file with the SEC, available at www.sec.gov.
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