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Thursday, 02/21/2019 10:33:24 AM

Thursday, February 21, 2019 10:33:24 AM

Post# of 30141
CANB NEWS ON SAM UNITS

Canbiola Deploys Initial 100 sam® Units and Readies Next 100 sam® Units

Revolutionary CBD Wellness Solution for Tissue Healing and Chronic Pain is Now in the Hands of 100 Medical Professionals


https://globenewswire.com/news-release/2019/02/21/1739463/0/en/Canbiola-Deploys-Initial-100-sam-Units-and-Readies-Next-100-sam-Units.html

HICKSVILLE, NY, Feb. 21, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Canbiola, Inc. (OTCQB: CANB) (“Canbiola” or the “Company”), a developer, manufacturer and seller of a variety of Cannabidiol (Hemp) based products such as oils, creams, moisturizers, chews, vapes, isolate, gel caps and concentrate, announced today that its initial 100 Sustained Acoustic Medicine (“sam®”) units have been deployed and are now available for medical patient use at select medical professional offices.

The wellness solution, along with its proprietary CBD Gel Capture Patches, is proven in accelerating tissue healing and chronic pain reduction and is reimbursable by health insurance companies. The sam® Pro 2.0 is the first and only FDA cleared wearable low-intensity ultrasound device for delivering multi-hour treatment to accelerate healing and improve function for musculoskeletal injuries (muscle, tendon, ligament) and reducing chronic pain (without opioid pain medication).

Canbiola and its Duramed subsidiary have recently received their 2nd delivery of 100 units. Given discussions with the medical community, including doctors and patients, and early indications of deployment and use, the Company expects to generate substantial revenue for the Duramed, Inc. Division of Canbiola, Inc.

According to Davis Weissberg, MD, President of Long Island Orthopedic Solutions and a charter member of the Medical Advisory Board for Canbiola, Inc, “I have introduced the use of the sam® low-intensity ultrasound device into my Orthopedic practice over the past 3 months. My patients are highly satisfied with the ease of use as well as the benefits they have derived through its use. Relief of muscle pain and spasms, earlier return to work and sports as well as significant benefits in relieving osteoarthritic knee pain have all been frequently observed when using the sam® device.”


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From PR announcing SAM units, we learned that each unit generates $14,210 per year

https://globenewswire.com/news-release/2019/01/31/1708383/0/en/Canbiola-Launches-Revolutionary-CBD-Wellness-Solution-for-Tissue-Healing-and-Chronic-Pain-Expected-to-Accelerate-Revenue-Growth-in-2019-and-Commits-to-1-650-SAM-Units-in-2019-with-.html

So with today’s PR of 200 units, 200 X $14,210 = $2,842,000 in revenue over next 12 months

CANB


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