WINNETKA, Calif., Nov. 19, 2014 /PRNewswire/ -- Green Cures
& Botanical Distribution Inc. (OTC Pink: GRCU) ("Green Cures"
or the "Company") announced today that it intends to merge with
Green Cures Inc. ("GCI"), a California corporation and the major
controlling shareholder of Green Cures. Green Cures
management also announced that following the planned merger, the
Company intends to continue its strategic focus on the development
of concepts related to nutritional, sports, functional beverage,
hemp-infused, and body care products. GCI owns the brand
Green Magic, a Registered Mark, and the brand Green Cures, a
Registered Mark.
Green Cures management notes that becoming a fully reporting
company has been one of management's top priorities, and if
successful, management anticipates that this strategic merger will
enable Green Cures to become fully a reporting company with the
U.S. Securities and Exchange Commission, following which management
plans to seek to have the Company's shares traded on the OTC QB or
other over-the-counter market. During the next approximately
two and a half months, GCI management will seek to obtaining the
necessary audited financial statements. Green Cures
management anticipates that at closing, GCI will transfer all of
its intellectual property and registered marks to Green
Cures. Management of Green Cures plans to complete the merger
and become fully reporting during the first quarter of the year
2015, after which the Company will seek to have its shares accepted
for trading on the OTC QB or other over-the-counter market.
Additionally, Green Cures announced the launching of its first
online advertising campaign set to begin on or before December 1st 2014. During the online
campaign, Green Cures will promote selected Green Magic products,
using new marketing material that the Company has prepared.
"We will be placing numerous online advertisements in web
portals such as Facebook and other online platforms. Our first
online marketing campaign has been designed to potentially increase
brand awareness and sales by targeting online users who have shown
interest in nutritional supplements and hemp-infused products,
similar to those of the brand Green Magic. According to our
research and marketing strategy, there is an estimated 4.2 million
potential consumers that may be interested in our products. By
implementing these specific-sophisticated targeting platforms, we
aim to increase product awareness about our hemp-infused products,"
said Green Cures' CTO Benjamin
Craik.
Green Cures management anticipates that the Company will provide
additional updates to the public and the investment community when
material events and information becomes available.
About Green Cures & Botanical Distribution Inc.: Green Cures
& Botanical Distribution Inc. ("Green Cures" or the "Company)
is a development stage company that retails and wholesales
nutritional, sports, hemp-infused and body care products. The
Company is currently Web-based and focuses on online retailing.
Green Cures seeks to become the leading botanical and cannabis
industry innovator, by providing the highest quality hempseed oils,
cannabis flower topical medicinal and botanical products, as
permitted by law. With our current and upcoming line of products
including Green Magic, Green Cures and Rico Suave, the Company's
plan is to operate in numerous industries, including Nutritional
Supplement/Dietary, Health and Wellness, Functional Beverages, and
Hemp.
www.gcbdinc.com
About Green Cures Inc.: Green Cures Inc., a California corporation, is a development stage
company that focuses on the development of concepts related to
nutritional, sports, hemp-infused, and body care products. The
company owns the brand Green Magic, a Registered Mark, and the
brand Green Cures, a Registered Mark. Currently, Green Cures
Inc., and David Osegueda, the
Founder of Green Magic and Green Cures, have granted to the Green
Cures & Botanical Distribution Inc., a Royalty Free
Agreement to exclusively market, sell and distribute the products
labeled Green Magic and Green Cures, both nationally and
internationally.
www.greencuresinc.com
FDA Statement: The statements contained in this document have
not been evaluated or approved by the FDA. The products and
statements referenced in this document are not intended to
diagnose, treat, cure, or prevent any disease.
Forward-looking statement: This press release may contain
certain forward-looking statements and information, as defined
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. Forward-looking statements are identified by wording
such as "scheduled (future sense)" "intend(s)", "plan(s)"
"expect(s)", "believe(s)" "will" "estimate(s)", "anticipate(s)",
"expect(s)", "may", "would", "could" or "should" or, in each case,
the negative thereof, other variations thereon, or comparable
terminology that implies anticipated future deliverables. The
Company disclaims any obligation or intention to update any
forward-looking statement for any reason.
SOURCE Green Cures & Botanical Distribution Inc.