Medically Minded Secures Arrangement for Wholesale Distribution
of Proprietary 73% CBD Full Spectrum Extract Hemp Oil
WEST PALM BEACH, FL -- June 1, 2016 -- InvestorsHub NewsWire --
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 dont 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 its not possible to get
high with these products. There simply isnt 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
(954) 210-8063
Info@medmindedlabs.com
Twitter: https://twitter.com/medmindedlabs
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