HOLLYWOOD, FL, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) (“HCMC or the “Company”) is proud to announce, the Nevada product launch event of its patented Q-Cup™ technology with MJ Holdings, Inc. (OTC Pink: MJNE) and Focus Distribution, both leaders in the Nevada Cannabis market, under their proprietary Highland Brothers brand. The product launch will occur on November 4, 2018 and comes on the heels of HCMC being issued three U.S. Patents related to its Q-Cup™ technology.
The Q-Cup™ is a small, quartz cup, which is partially filled with either cannabis or CBD concentrate (approximately 50mg). The Q-Cup™ is then inserted into the patented Q-Cup™ Tank or Globe, that heats the cup from the outside without coming in direct contact with the solid concentrate material. This Q-Cup™ technology provides significantly more efficiency and an “on the go” solution for consumers who prefer to vape concentrates either medicinally or recreationally.
Jeff Holman, Chief Executive Officer of HCMC, commented "We are excited to have market leading partners in MJNE and Focus Distribution; as they bring a multi-faceted approach to distributing and marketing this cannabis-related Quartz based delivery technology into an incredibly strategic territory."
MJNE and Focus Distribution have secured an entire 140 room hotel in Las Vegas for the launch event and will host several hundred of the most significant and influential vendors in the Nevada market cannabis space.
About Healthier Choices Management Corp.
Healthier Choices Management Corp. is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. One segment of our business is our natural and organic grocery operations in Ft. Myers, Florida. Another segment is a U.S. based retailer of vaporizers and e-liquids. HCMC sells direct to consumer via company-owned brick-and-mortar retail locations operating under "Ada's Natural Market" and "The Vape Store" brands. The newest source of revenue for HCMC is our technology and IP for use in the cannabis and CBD market.
Healthier Choices Management Corp. Inc. (www.healthiercmc.com).
Forward Looking Statements.
This press release contains forward looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Additional written or oral forward-looking statements may be made by the Company from time to time in filings with the Securities and Exchange Commission or otherwise. Statements contained in this press release that are not historical facts are forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are based on management's estimates, assumptions and projections and are not guarantees of future performance. The Company assumes no obligation to update these statements. Forward looking statements may include, but are not limited to, projections or estimates of revenue, income or loss, exit costs, cash flow needs and capital expenditures, statements regarding future operations, expansion or restructuring plans, including our recent exit from and winding down of our wholesale distribution operations. In addition, when used in this release, the words "anticipates," "believes," "estimates," "expects," "intends," and "plans" and variations thereof and similar expressions are intended to identify forward looking statements.
Factors that may affect our future results of operations and financial condition include, but are not limited to, fluctuations in demand for our products, the introduction of new products, our ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of our liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in our filings with the United States Securities and Exchange Commission.
Contact Information:
Healthier Choices Management Corp.
3800 North 28TH Way, #1
Hollywood, FL 33020
Office: 305-600-5004 / Fax: 954-272-7773