Northstar Global Business Services, Inc. (OTC: MDIN), a company dedicated to producing the best alternative healthcare products to the world, recently announced partnerships with Dixie Elixirs and Kush Creams to develop cannabis products featuring its patented oral spray delivery system for such uses as a THC oral spray, and a THC and snoring solution. No release dates have currently been set for the product, although management appears to be very excited about the prospects. Northern Global’s stock is trading down more than 10% on average volume following the news.
Read the entire press release discussing the partnerships here:
Northstar Global Business Services, Inc., (OTC-PINK:MDIN) today announced that the company has begun to develop a new product line with the help of several top medical marijuana industry leaders like Dixie Elixirs, a marijuana manufacturer recently featured on 60 minutes, and Kush Creams, another marijuana product manufacturer who has received many awards for their excellency in producing medical marijuana products going back as far as 2008. Northstar management feels that by tapping into the leading sources in the business, the new product line will gain the experience and existing distribution network needed to quickly make the company a leader as well.
The new products being developed feature Northstar’s patented oral spray delivery system, for such uses as a THC oral spray, and a THC and snoring solution. Since one of the most popular reasons patients are prescribed medical marijuana is for sleeping disorders, the products cover several bases at once giving patients one solution to several problems. Northstar also feels that a spray can be the most effective and safest delivery system for medical marijuana, but previous attempts by other companies to make an oral THC spray always fell short. However, by applying Northstar’s many years of experience with oral spray technology, the company feels it can use the oral spray effectively, and become the most popular delivery method for medical marijuana patients.
“We think our spray technology is the answer for THC delivery, and it seemed only natural that we partner with only the best in the business. We bring tremendous strengths to the table, and these strengths coupled with powerhouse marijuana product producers like Dixie Elixirs, Kush Creams and several others, make for an unstoppable combination in my opinion,” said company CEO, Nick Chieco.
Although, no release dates are currently set for any specific products, the company has very high expectations and feels that having a hand in one of the fastest growing industries in the world, will give Northstar an edge in both the medical marijuana and traditional alternative healthcare industries.
Northstar Global Business Services is dedicated to producing the best alternative healthcare products to the world. The company’s product line includes Snorenz®, Good Night’s Sleep®, Stem-Intense, and most recently in development is a line of medical marijuana oral sprays. Most of the company’s products use a unique or patented spray delivery system, and all have received rave consumer reviews all over the world, selling millions of units from 1996 to the present. More information can be found at www.medgeninc.com.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “potential” and similar expressions. These statements reflect the Company’s current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
SOURCE Northstar Global Business Services, Inc.
CannabisFN.com, owned by TDM Financial, is a leading provider of cannabis news and insights. CannabisFN.com may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For a full disclaimer, click here SECFilings.com/disclaimer.aspx.