Wednesday, December 12, 2018 11:54:35 AM
https://www.nasdaq.com/press-release/rushnet-inc-rshn-xyz-hemp-inc-grps-and-apple-rush-company-inc-succeed-in-its-testing-of-cbd-20181212-00632
Dr. Richard E Goulding, Chairman of the Board and Chief Medical Officer of both RushNet and XYZ Hemp Inc. (formerly Gold River Production Services, Inc.), stated, "The three companies continue its endeavored joint creation, production and marketing initiative.
Dr. Miller, CEO of XYZ Hemp added, "One key facet of the success is the proprietary nanotization process. By breaking down the molecular structure, we have been able to enhance the full-spectrum CBD and make it more efficient and less costly by reducing the amount of CBD by nearly 90% in order to attain the same effect. This enhanced efficacy is how we are able to maintain the taste of the product while facilitating the maximum amount of CBD efficacy."
With its trade secrets, management of each company feels strongly that these issues, plaguing competitors, have been resolved. The relationship with Apple Rush enables RushNet to profit from the infusion of the CBD, but also provides enhanced opportunities for the marketing of XYZ Hemp's expanding number of products, through their existing retail resources.
Reporting on further progress, RushNet is excited to soon report the details of its past, and its recently reported acquisitions, each shared in partnership with XYZ Hemp Inc. ( GRPS ). We have now exchanged contract drafts covering approximately one third of the subject recently reported cannabis grow operations and retail outlet facilities with the combined revenues exceeding $62 million.
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