NEW YORK, December 20, 2016 /PRNewswire/ --
http://www.Financialbuzz.com - A new report from New Frontier Data
with market data provided by Arcview Market Research, is focused on Florida, one of the states
that approved cannabis use for medical purposes this election cycle. The report projects that Florida's market will grow to $1.6 billion by 2020 at a compound annual growth
rate of 140%. Comparing to other states - California is projected to reach $2.6 billion market, and Colorado is projected $1.5
billion medical marijuana market for. NutraFuels Inc. (OTC: NTFU), Marijuana Company of America Inc. (OTC: MCOA), Greengro
Technologies Inc. (OTC: GRNH), Cannabis Science Inc. (OTC: CBIS), Medical Marijuana Inc. (OTC: MJNA).
Due to the growing popularity, the legal cannabis market is becoming diversified, as cannabis is being used for edibles,
drinks, nutraceuticals and more. The global market for nutraceuticals is expected to reach $240
billion by 2019, according to BCC Research, driven by increasing health concerns, growing government support, aging
populations, and advancing per capita incomes.
NutraFuels Inc. (OTC: NTFU) is a manufacturer, marketer, and distributor of liquid-based nutraceuticals delivered via
oral sprays and drink shots. The Company's oral spray products are designed to provide more absorption than capsules or liquid
formulas. The company has also begun the launch of new hemp-based cannabidiol (CBD) to its expansive line of nutraceutical
products. NutraFuels claims that their products have an innovative delivery mechanism for nutraceutical products, with up to a
98% absorption rate. The manufacturing, marketing and distribution process is conducted out of a location in Coconut Creek, FL facility.
NutraFuels has announced that it has improved its financial condition. In the recent quarter report revenue showed an increase
of 111.2% to $260,001, gross margins also increased 769% to $153,000,
and net loss narrowed 51% to $657,000 or $0.02 per share. In
late-October, the NutraFuels has revealed that it had begun production on 100,000 units for one of its private label brands,
My Daily Choice, consisting of six oral spray products targeting various wellness verticals.
My Daily Choice has approximately 50,000 distributors worldwide consisting of some of the most
successful entrepreneurs, marketers, and consultants in the network.
Edgar Ward, NutraFuels's CEO, said in a statement, "We have made progress this quarter... We
are strategically executing our game plan, and we are seeing a positive reaction to the launch of our in house brands along with
increased production demand from our private label business. As we move forward with additional new innovative formulas and
products we remain focused on producing and distributing high quality daily health and wellness products to help improve the
quality of life through naturally derived efficient and effective supplementation."
After many months of research and product development, cannabis and hemp distribution company, Marijuana Company of America
Inc. (OTC: MCOA), the company has now commenced generating revenue and started to ship orders for its hempSMART Brain
product. "Reporting revenue results to our current and prospective shareholders is an important step as the company continues to
expand its footprint across America. Now that we have laid the groundwork for our affiliate program in the U.S., MCOA's goal is
to utilize its global contacts and networks to begin to expand the hempSMART brand in other countries. In the past, I have
developed one of the largest affiliate marketing programs in the world, with offices in over 50 countries and an affiliate base
of over 100,000 members. I will leverage that experience as we expand the hempSMART brand," commented Chief Executive Officer
Donald Steinberg.
Provider of eco-friendly green technologies, Greengro Technologies Inc. (OTC: GRNH) reported that the company had
acquired 20 litre supercritical CO2 extraction machines for its new turnkey extraction labs. The machine utilizes high-flow pumps
and large capacity extraction columns to rapidly recover essential oils from various botanical sources. This purchase will enable
Greengro to fully evaluate the functional compatibility of this quality line of extraction equipment. With the addition of
advanced modular laboratory structures, the extraction facility's design is topped with a structure as progressive as the
laboratory's instrumentation and processes.
Cannabis Science Inc. (OTC: CBIS) develops, produces, and commercializes phytocannabinoid pharmaceutical products
primarily in the US. The company is convoluted in developing medications for autism, blood pressure, cancer and cancer side
effects, along with other illnesses involving general health maintenance. The company developed the CS-TATI-1, a newly diagnosed
and treatment-experienced patients with drug-resistant HIV strains, and to those intolerant of available therapies; CS-S/BCC-1 to
treat basal and squamous cell carcinomas; and a proprietary cannabis-based therapy for neurological conditions. The Company's
subsidiaries are Cannabis Science BV and Cannabis Science International Holding BV.
Medical Marijuana Inc. (OTC: MJNA) announced its subsidiary company, HempMeds® had established a new business in
Chile. Furthermore, as part of the company's Latin American market expansion initiative, the
company has started importing their flagship product Real Scientific Hemp Oil™ to Argentina. "We
are proud to be building a business in Chile and expanding our distribution of HempMeds® RSHO™
into more countries in Latin America. Other countries in the region such as Brazil, Paraguay and Mexico have legalized
CBD products for the treatment of multiple medical indications, so developing a business presence in Chile and a distribution network into Argentina seemed like the best
logical direction," said Dr. Stuart Titus, Chief Executive Officer of Medical Marijuana. "We are
excited about the new venture and look forward to helping develop new economic opportunities for the people of Chile and Argentina."
Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts
on Trending Financial News from all these companies. "The Latest Buzz in Financial News"
Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/
About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News,
Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company
Interviews. A pioneer in the financially driven digital space, video production and integration of social media,
FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and
advertising for third parties for disseminating news and original content through our unique media platform that includes
Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.
Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not
undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the "Site") is either original financial news or paid advertisements provided
[exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and pr marketing firm enters into
service agreements with the companies which are the subject to the articles posted on the Site for advertising such companies.
Financialbuzz.com has been compensated three thousand dollars for financial news dissemination and
pr services by a third party non affiliate for nutrafuels inc. We are not an independent news media provider and therefore do not
represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees
for producing and presenting high quality and sophisticated content on this site along with other financial news pr media
services. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this site, or a
combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance
is paid on or near the conclusion of the engagement. FinancialBuzz.com does not undertake to update any of the information on the
Site or continue to post information about any companies the information contained herein is not intended to be used as the basis
for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein
is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible
for any gains or losses that result from the opinions expressed on the Site, company profiles, quotations or in other materials
or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their
investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and
financial condition. FinancialBuzz.com. By accessing this website and any pages thereof, you agree to be bound by the Terms of
Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a
recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or
that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely
responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other
securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal
consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the
material provided. All materials are subject to change without notice. Information is obtained from sources believed to be
reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use. Please
visit: http://www.financialbuzz.com
For further information:
Media Contact: info@financialbuzz.com , +1-877-601-187
SOURCE FinancialBuzz.com