CORAL SPRINGS, FL, Nov. 3, 2016 /CNW/ - With increased momentum
in the legal marijuana operations market due to the quickly approaching elections in the US and other economic and environmental
factors, operators in the cannabis industry continue to capitalize on the evolving opportunities presented in the form of advanced
innovation, leading edge products and emerging services. Companies in focus this week in the markets include: Marijuana
Company of America, Inc. (OTC: MCOA), Sugarmade, Inc. (OTC: SGMD), Medical Marijuana, Inc. (OTC: MJNA), mCig, Inc. (OTC: MCIG) and
Cannabis Science, Inc. (OTC: CBIS).
Sugarmade, Inc. (OTC Pink: SGMD) today announces its CannaShroud(TM) cannabis transport packaging system specifically
designed to allow for discrete and protected transportation of cannabis. The product is available immediately for vendor
orders at the Company's new website, http://www.CannaShroud.com, and will be stocked in local dispensaries and hydroponic supply stores and will be
available to consumers online over the coming months. "With more than a decade in the packaging business, CannaShroud is a
product line we are very well equipped to deliver to the growing cannabis marketplace, "commented CEO Jimmy
Chan. "We designed this product in conjunction with legal growers and dispensary personnel to solve their specific needs to
improve transport security and discretion. We are already taking orders for the products."
Read the full SGMD press release at: http://marketnewsupdates.com/news/sgmd.html
CannaShroud is a two-piece cannabis transport packaging system. The inner liner is polyethylene with a unique dual zip
lock that seals air from entering the package and seals in the odors from contents, all while optimizing moisture
preservation. The liner is specifically designed to prevent airflow, while not being so thick that it becomes difficult to
load materials or to handle. The liners are sized to exactly fit the outside carton, which makes up the second section of the
packaging. The cartons are discretely labeled with generic shipping labels or are blank as not to reveal the contents being
shipped. CannaShroud will be available in four sizes to suit the specific shipping needs of the growing cannabis
industry.
Other top performers and operators of note in the markets:
Marijuana Company of America, Inc. (OTC Pink: MCOA) closed up big on Wednesday over 71% jump to close at
$0.119 on over 47.3 Million shares traded by the market close. Marijuana Company of America
operates as a marijuana marketing and distribution company. It intends to distribute a range of marijuana, CBD, and related
products in the United States and internationally.
Medical Marijuana, Inc. (OTC Pink: MJNA) also had a big day of trading on Wednesday closing at $0.2299 a 44% increase trading over 124.9 Million shares by the market close. Medical Marijuana, an
investment holding company, operates in the medical marijuana and industrial hemp markets. Its products range from patented and
proprietary based cannabinoid products to seed and stalk or isolated high value extracts manufactured and formulated for the
pharmaceutical, nutraceutical, and cosmeceutical industries.
mCig, Inc. (OTCQB: MCIG) closed up over 35% at $0.1666 trading above the normal daily average
of over 15.2 Million shares traded by the market close. mCig Inc., a diversified company servicing the legal cannabis, hemp and CBD
markets via its lifestyle brands. MCIG has transitioned from a vaporizer manufacturer to industry leading large scale, full service
cannabis cultivation construction company with its Scalable Solutions division currently operating in the rapidly expanding
Nevada market.
Cannabis Science, Inc. (OTC Pink: CBIS) closed over 18% at $0.0651 on over 76.3 Million
shares traded by the market close. CBIS, a U.S. company specializing in the development of cannabis-based medicines,
announced yesterday the pharmaceutical development of two new medications for pain relief for self-medicating patients with
Diabetic Neuropathy Nerve pain and Fibromyalgia.
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
six hundred dollars for news coverage of the current press release issued by Sugarmade, Inc. 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.
SOURCE MarketNewsUpdates.com
![](http://rt.newswire.ca/rt.gif?NewsItemId=C6337&Transmission_Id=201611030830CANADANWCANADAPR_C6337&DateId=20161103)