Crown Marketing Taps 100 Million Dollar Fund for Medical Marijuana
09 Mai 2013 - 2:00PM
Marketwired
Crown Marketing Inc. (OTCQB: CWNM) is pleased
to announce that Crown has signed an agreement with a 100 million
dollar fund to provide medical marijuana producers with financing
for their commercial real estate needs. Crown will conduct these
operations through a wholly owned subsidiary, Joint Venture
Solutions Inc. ("Company").
Company management sees tremendous growth potential in financial
services which cater to medical marijuana operations, for two
independent reasons.
Firstly, 18 states and the District of Columbia have recently
ended the prohibition of medical marijuana. As a result of this
policy reversal, the Company expects a forthcoming explosion in the
consumption of medical marijuana in those States. Current
inefficiencies in this previously untapped market are likely to
yield enormous profit margins for the relatively small number of
producers who are active in the industry.
Secondly, although several States have lifted the ban on
marijuana, the federal prohibition remains in place. This fissure
between state and federal regulation has created a complex conflict
of law issue that most mainstream banks and other lenders wish to
avoid, for fear that they may face civil or criminal penalties for
conspiring to break federal law.
The Company has entered into a memorandum of understanding (MOU)
with one lender who controls 100 million dollars. The MOU
represents a shared willingness, by and between the Company and the
lender, to provide these nascent corporations with much needed
loans to finance their real estate needs.
Medical Marijuana related finance operations will likely be
particularly profitable for Joint Venture Solutions because Medical
Marijuana industry borrowers are unable to access the traditional
avenues of purchase order, mortgage based, or other financing. Due
to the constraints on the number of servicers willing to support
these industry professionals, the principals operating medical
marijuana growth houses and dispensaries are willing to pay
markedly above the market rate for basic financial services.
Joint Venture Solutions Inc. and the handful of other lenders
willing to service this burgeoning industry stand to make outsized
profit margins as a result.
About the Subsidiary:
Joint Venture Solutions, Inc. ("JVS" or "Company") will focus on
the emerging medical marijuana industry. Over the short term, the
Company will deal exclusively in financing operations relating to
commercial real estate in the medical marijuana industry. Once the
Company has established a secure, low-maintenance cash flow through
its financing operations, it will reinvest these monies into
research and development pertaining to Crown's drug delivery
technology and potential uses in the medical marijuana industry.
Cannabinoids and cannabidiol, or CBD's function similarly to THC,
but without a psychotropic effect.
The Company intends to research the effect of Crown's patented
drug delivery technology on time released diffusion of CBD's on
patients with a wide array of maladies.
About The Company:
The parent of the new subsidiary, Crown Marketing's Controlled Drug Delivery Technology (CDDT) holds
patents for a novel controlled-release technology, harnessing the
principles of chaos theory, precise mathematical formulas and the
potentials of chemical diffusion characteristics.
The spectrum and reliability of pharmacokinetic profiles
achievable with this technology is superior to currently marketed
formulations. Its simple design allows for a high level of
flexibility in matching chrono-therapeutic requirements.
Cost-efficiencies in the commercial manufacturing process, when
compared to other drug delivery technologies, may constitute its
most important competitive advantage.
The objective of intelligent drug delivery design amounts to
maximizing the percent of the time drug plasma levels are within
the therapeutic range and avoiding patient exposure to potentially
toxic (High) or sub-therapeutic (Low) levels.
Crown's cost-effective application of controlled delivery
technologies may play a major role in the expansion of the
pharmaceutical, OTC and nutraceuticals industry through our ability
to improve on the performance of immediate release products in a
manner tangible to manufacturers and consumers.
More information can be found at: www.crowncddt.com
This release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements contained in this release that are not historical facts
may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain.
Actual performance and results may differ materially from that
projected or suggested herein due to certain risks and
uncertainties including, without limitation, ability to obtain
financing and regulatory and shareholder approvals for anticipated
actions.
Contact: Charles Van Der Ross 347-491-0565
America Great Health (CE) (USOTC:AAGH)
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