Palm Coast, FL, Oct. 18, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- RushNet, Inc. (OTC Pink: RSHN) announces a joint venture with Dr. Stuart Miller for a new and exciting product and process - A revolutionary delivery system for CBD that will provide rapid absorption, better bio-availability and greater tolerance - the Nano CBD Delivery System.
Dr. Richard E Goulding, RushNet’s chairman of the board, stated, “Our company has cultivated this rare opportunity to combine nanotechnology with Dr. Miller’s ingenious dispersion system that has been contoured to meet our specific demands. Using not yet patented, Aqueous CBD Nanotization trade secrets developed by Western Sierra Resources’ scientific team, we are able to miniaturize, while enhancing cannabinoid concentration, while enhancing the effectiveness of our full spectrum CBD oil. Our planned products will be vastly improved by this technology. The results will be more effective products, more therapeutic, better tolerated and much greater potency per unit of CBD oil. Many of our planned products in different stages of production will greatly benefit from this joint venture. But almost of equal importance is the fact that our cost to produce CBD products will be substantially reduced given these efficiencies. And of further importance is the fact that the Nano CBD Delivery System will result in a much quicker desired effect on the patient or customer.”
On further business accomplishments, RushNet is excited to soon report the details of its acquisition shared in partnership with XYZ Hemp Inc. (OTC Pink: GRPS). This is in addition to RushNet’s partial ownership of the 15-acre grow and extraction operation recently reported by Western Sierra Resource Corporation (OTC Pink: WSRA):
https://finance.yahoo.com/news/western-sierra-announces-forecast-15-140000667.html
RushNet will soon report on its significant reduction of authorized shares and outstanding share reduction calculated on a fully diluted basis.
RushNet, Inc. is an edibles and beverage based company with stand-alone products, including most enhanced with CBD. Currently, we have developed 12 Products that will take advantage of the organic grow, pristine mineral water enhancement and organic CBD.
Safe Harbor Statement:
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate”, “project”, “intend”, “forecast”, “anticipate”, “plan”, “planning”, “expect”, “believe”, “likely”, “should”, “could”, “would”, “may” or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company’s ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company’s operating history and resources, economic, competitive, and equity market conditions.