Myriad Interactive Media Inc. (MYRY) to Enter Medical Marijuana Sector
March 05 2014 - 8:15AM
Marketwired
Myriad Interactive Media Inc. (MYRY) to Enter Medical Marijuana
Sector
TORONTO, ON and LAS VEGAS, NV--(Marketwired - Mar 5, 2014) -
Myriad Interactive Media Inc. (OTCQB: MYRY) (BERLIN: XNG), a global
interactive media and development company, is pleased to announce
that we have initiated our first steps into entering the medical
marijuana sector and will be working with a consulting Oncologist
to further develop our planned project.
"I am very pleased to announce the first of two additional
industries that we plan to enter," said Myriad CEO Derek Ivany.
"We have developed several exciting technologies over the past
year and continue to diversify our asset portfolio. We believe it
is important to bring further diversification to the company and we
feel now is the time to enter the medical marijuana space with our
brand of technologies," continued Ivany.
The medical benefits of Cannabis have been known for over 10,000
years. These include both recreational as well as the therapeutic
effects. Today with the legalization and distribution of medical
marijuana in certain US States, many of the medical benefits are
overshadowed by just the excitement of legalized marijuana. The
companies approach will be primarily focused on the medical aspect
of cannabis. Currently, the industry continues to flourish as
legalized expansion is expected to continue in as many as 9
additional US states. These US States currently have medical
marijuana initiatives on the ballot for 2014. In all legal
marijuana states, the consumption of cannabis is permitted for
patients who have obtained prescriptions from medical physicians.
Currently in both Colorado and Washington State the recreational
use of cannabis is permitted to adults over the age of 21.
"It is important that we move with the times and deploy our
talent to develop relevant technologies that are in demand today,"
said Myriad CEO Derek Ivany.
He added, "We have a successful track record in developing and
delivering projects. The company will stay true to our strategic
plan of delivering new innovative platforms that have the potential
to be adopted by large user bases. We intend to continue forward in
that direction while continually expanding our global user base,
which in turn can be utilized for future marketing potential. It is
also important to stress that all of our projects fit into our
bigger picture, and we are not losing any focus on our overall
strategy, I want to make that clear."
About Myriad Interactive Media, Inc.: Myriad Interactive Media
is an interactive marketing and development firm based in Toronto,
Canada. Myriad designs and develops customized marketing plans,
social media marketing campaigns, pay per click, and search engine
marketing. Our company also develops in house web & mobile
applications.
Myriad Interactive Media Inc. is a public company quoted on the
OTCQB under the symbol MYRY. For more information, please visit us
in the USA at www.myriadim.com
Forward-Looking Statements
In addition to historical information, this press release may
contain forward-looking statements that reflect the Company's
current expectations and projections about future results,
performance, prospects and opportunities. These forward-looking
statements are based on information currently available to us and
are subject to a number of risks, uncertainties and other factors
that may cause actual results, performance, prospects or
opportunities to be materially different from those expressed in,
or implied by, such forward-looking statements. You should not
place undue reliance on any forward-looking statements. Except as
required by federal securities law, the Company assumes no
obligation to update publicly or to revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available, new events occur or circumstances change in the
future.
Contacts: Myriad Interactive Media Inc. Find us on Twitter
https://twitter.com/myriadsocial Find us on Facebook
https://www.facebook.com/myriadinteractivemedia Find us on Google+
https://plus.google.com/+Myriadim/ Contact Investor Relations
(Email Preferred) Investor Relations: 1-800-427-1103
info@myriadim.com Interactive XBRL Filings are available at:
http://www.myriadim.com/investor-center.html
Myriad Interactive Media (CE) (USOTC:MYRY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Myriad Interactive Media (CE) (USOTC:MYRY)
Historical Stock Chart
From Apr 2023 to Apr 2024