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$MMHC Medically Minded Secures Arrangement for Wholesale Distribution of Proprietary 73% CBD Full Spectrum Extract Hemp Oil




Jun 01, 2016
OTC Disclosure & News Service
West Palm Beach, FL -
For Immediate Release - June 1, 2016
Medically Minded Secures Arrangement for Wholesale Distribution of Proprietary 73% CBD Full Spectrum Extract Hemp Oil
WEST PALM BEACH, FLORIDA--(June 1, 2016) - Medically Minded, Inc. (OTC PINK: MMHC), announced today that it has secured an arrangement with World Hemp Oil ("WHO")(www.worldhempoil.com) for the distribution of its proprietary 73% CBD Full Spectrum Extract Hemp Oil ("CBD Gold"). As part of its relationship with WHO, the Company is able to provide distribution of one of the highest quality lowest priced per milligram CBD oils in the market. The average wholesale price in the market is well over $0.05 per mg. The Company will capitalize on its low cost per milligram (as low as $0.019 per mg) to build a wholesale customer database of other formulators and manufacturers who will now be able to offer their customers affordable products that have effective amounts of CBD.
According to a recent statement from WHO, "Our mission is to produce higher concentrated, refined oil at the lowest cost, so that our clients can afford to put 5 to the 10 times the amount of CBD in their products. End users can finally receive beneficial dosages daily at prices they can afford. We extract European grown organic hemp using a non-solvent CO2 process. Our last harvest produced the best CBD enriched oil in the world. New proprietary advancements in refinement and purification of the oil allows us to produce a full spectrum hemp oil with a much higher percentage of CBD and a full profile of all the best medicinal terpenes that none of our competitors can beat in quality or price. These terpenes are crucial to the full medicinal benefits of CBD oil."
WHO further states, "99% of the CBD oil on the market does not contain crucial terpenes, because they are lost during extraction. We reintroduce the terpenes back into the oil at 5 times the original amount, creating the most medicinally beneficial CBD oil in the world. Our secret ratio of 9 of the best terpenes consists of: Myrcene, Beta Caryophyllene, D-Limonene, Alpha Pinene, Linalool, Beta Pinene , Eucalyptol, Borneol and Nerolidol.
Medically Minded is taking wholesale orders on CBD Gold (73% CBD full spectrum extract) with the following prices:
1 kg - $.035 per mg of CBD
5 kg - $.032 per mg of CBD
10kg - $.025 per mg of CBD
Minimum order is 1/4 kg.
Due to its purity, CBD Gold is void of impurities and chlorophyll and is a gold wax that when warmed slightly is a fluid oil that can easily be infused in any of your products. With our high concentration oils, you are able to offer a full range of products to satisfy your customers. You can dilute the oils by adding hemp seed oil, coconut oil, olive oil, and vaping additives to create a variety of products.
James Grady, CEO of Medically Minded, stated, "The quality and pricing of CBD Gold from World Hemp Oil is going to give us a strong competitive edge in the wholesale market. In addition to the pricing, the terpenes mixture that is added back in to the oil is an advantage and feature that the majority of oils don't have".
About World Hemp Oil
World Hemp Oil is an American company dedicated to manufacturing the highest quality CBD oil and products in the world. Our goal is to produce the best CBD formulations at the lowest prices, so that our clients can offer their customers products that they can afford on a daily basis.
About Cannabidiol (“CBD”) Oil
CBD Rich Hemp Oil is an oil extracted from Industrial Hemp plants (stalks and seeds) with a High Grade of Cannabidiol (CBD). The plants used are specifically and uniquely bred to comprise high concentrations of the naturally occurring Cannabinoid Cannabidiol (CBD). Cannabidiol oil that comes from industrial hemp plants, such as will be the case with our products, are considered by the FDA to be a dietary supplement (not a medication) since they are made from industrial hemp plants.
If you live in the US, this means you don’t need a prescription and can legally purchase and consume Cannabidiol in any state. Cannabidiol from industrial hemp also has the added benefit of having virtually no THC. This is why it’s not possible to get “high” with these products. There simply isn’t enough THC.
FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE: These statements and products have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease. Always check with your physician before starting a new dietary supplement program.
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of fact, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The Company is not eligible to rely on the safe harbor provided by Section 21E(c) of the Exchange Act because it is not subject to filing periodic reports under Sections 13 or 15(d) of the Exchange Act.
Contact:
James Grady, CEO
[phone]
[e-mail]
Twitter: https://twitter.com/medmindedlabs
Ebay: http://www.ebay.com/usr/medicallyminded
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https://www.facebook.com/MedicallyMinded/
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The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.