ATLANTA, GA--(Marketwired - Mar 22, 2016) - Innovative Holdings Alliance, Inc. (Innovative) (OTC PINK: IHAI) is pleased to announce a Joint Venture Agreement with Healthmed, Inc. and its subsidiary HMIH, Inc.
This Agreement will allow Innovative to further our interests in the ever growing medicinal CBD markets. Through this Agreement, Innovative will now have the ability to work more closely with doctors, clinicians and additional organizations to monitor and collect information on patients and other individuals to further research and potentially accelerate therapeutic effects and values.
In an article from the June 24, 2015 edition published by the NIH (National Institutes of Health), leading experts claim, "CBD is one of more than 80 active cannabinoid chemicals in the marijuana plant. Unlike the main psychoactive cannabinoid in marijuana, tetrahydrocannabinol (THC), CBD does not produce euphoria or intoxication. Cannabinoids have their effect mainly by interacting with specific receptors on cells in the brain and body: the CB1 receptor, found on neurons and glial cells in various parts of the brain, and the CB2 receptor, found mainly in the body's immune system. The euphoric effects of THC are caused by its activation of CB1 receptors. CBD has a very low affinity for these receptors (100 fold less than THC) and when it binds it produces little to no effect. There is also growing evidence that CBD acts on other brain signaling systems, and that these actions may be important contributors to its therapeutic effects."
Innovative is already realizing revenues and anticipates revenues of $1,300,000.00 to $1,400,000.00 by this calendar year end.
"We are extremely enthusiastic about this new endeavor. I have known Chris for some time now and am extremely pleased to join forces with Innovative in this exciting and beneficial venture," stated Tracy Webster, CEO of Healthmed, Inc.
About Healthmed, Inc.
HealthMed, Inc. prides itself as a leading provider of customized wellness and health promotion services and medical services and products to employers, physicians and hospitals in the Southeast. HealthMed's core strength is in its 20 years of experience, the dedication of a team passionate to succeed in meeting the goals of its clients and its ability to adapt to the unique culture of its customers.
HealthMed, Inc. was founded in 1997 by Tracy Webster. The company was created to better serve the Southeast in the wellness and medical arenas, using the latest technologies and services to improve quality of care. A staff of clinicians, health educators, qualified sales associates and health screening specialists, equips the company with complete wellness and medical supply services to support over 100 clients.
The company operates in two divisions: 1) Wellness and Health Promotion and 2) Medical Diagnostics, Services and Supplies.
The Wellness and Health Promotion division provides employer and hospital community-based services to educate, encourage and empower individuals to achieve and maintain a healthy life. The services raise awareness of risk factors associated with diabetes, hypertension, cardiovascular disease and obesity. Individuals are connected to wellness programs that lead to healthier lifestyle choices and improve quality of life.
The Medical Diagnostics and Supplies division supports providers with products and services designed to bring efficiencies across the healthcare continuum. HealthMed, Inc. works with leading manufacturers and distributors to provide more cost effective delivery of products and services.
The mission of HealthMed, Inc. is to create value for those served:
- Employers - by reducing healthcare costs, decreasing absenteeism, and increasing productivity
- Participants - by improving their health and quality of life
- Communities - by a creating a culture of wellness where healthy lifestyle habits and physical activity prevails
- Providers - by offering quality products and services at a competitive price.
Contact Healthmed, Inc. at (205) 837-8589 or tracy@healthmedinc.org
Innovative's marketing materials and website are currently being updated to reflect these exciting developments regarding our latest ventures.
Innovative Holdings Alliance, Inc. has embraced, as its corporate mission, a plan to acquire interests in and partner with companies that are leading edge in their respective market niches, and that have expectations of enhancing shareholder values.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involved risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from the statements made herein. Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.