Verde Science forms R and D Alliance
23 Septembre 2014 - 5:39PM
InvestorsHub NewsWire
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Richmond, BC - September 23, 2014 -
InvestorsHub NewsWire - Verde Science, Inc., a Medical Marijuana
Research and Development Company with particular expertise in
Aeroponic Growing Systems for the production of pure, efficacious
Medical Marijuana, is pleased to announce a Research and
Development Alliance with a Mumbai, India based pharmaceutical
company that has a record of significant success in the development
of novel medical treatment compounds. This new relationship
will allow Verde to launch immediately on its THC Pharmaceutical
Development Program, and accelerate its R and D operations by about
one year. Without this important alliance Verde would have
experienced unnecessary delays as it waited for its Research and
Development License in Canada. According to Harp Sangha,
Verde’s Chairman and CEO, “Now we can immediately access the vast
treasure of our Indian partner’s intellectual capital and tap into
a highly educated organization of research scientists in a cost
effective manner.”
The researchers in India will be
planning and executing a comprehensive research program which would
not be possible for several months to a year in Canada due to the
waiting period for obtaining a Canadian R and D license. They
will also prepare protocols for clinical trials which can be
conducted immediately in India and subsequently in Canada after
Verde obtains its R and D license. The company plans to
develop specific, custom formulations and novel delivery mechanisms
for cannabinoid and THC based drugs for a variety of ailments such
as chronic pain, inflammation, migraines, seizures related to
epilepsy, nausea associated with cancer treatment, and numerous
others.
“This new Research and Development
Program with a focus on developing custom formulations for specific
medical issues will firmly place Verde on the cutting edge of
cannabinoid and THC technology in treating illness, and our
association with our new Indian partner will enable us to become a
clearing house for research into new applications for marijuana
based treatments of a variety of illnesses. The Verde
brand will be synonymous with innovation into natural based
remedies for a variety of debilitating illnesses.” stated Mr.
Sangha.
About Verde Science, Inc. (VRCI)
Verde Science, Inc. (www.VerdeScienceInc.com) is a public
company trading under the symbol OTCQB:
VRCI. The Company is focused on Medical Marijuana
Research and Development, and providing advisory services, quality
assurance, and aeroponic growing systems in the burgeoning Medical
Marijuana industry to established, licensed growers throughout
Canada.
Safe Harbor Statements?Certain information
contained in this news release constitutes "forward-looking
statements" as such term is used in applicable United States and
Canadian laws. Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as
"expects" or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "estimates", "intends" or
"believes", or that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur", or "be
achieved". Forward-looking statements are based on the
opinions and estimates of management as of the date such statements
are made, and are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements. Many of
these factors are beyond the Company's ability to control or
predict. Important factors that may cause actual results to differ
materially and that could impact the Company and the statements
contained in this news release can be found in the Company's
filings with the SEC. Such risks and other factors include, among
others, the ability to locate and acquire suitable interests in
alternative medicine manufacturing operations on terms acceptable
to the Company, the availability of financing on acceptable terms,
accidents, labor disputes, acts of God and other risks of the
alternative medicine industry including, without limitation, delays
in obtaining governmental approvals or permits, title disputes or
claims limitations on insurance coverage. The Company believes that
the expectations reflected in the forward-looking statements
included in this news release are reasonable; however, no assurance
can be given that these expectations will prove to be correct, and
such forward-looking statements should not be unduly relied upon.
The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information,
future events or otherwise.
For further information please contact:
Harp Sangha Chairman/CEO
1-858-210-0236
harpsangha@shaw.ca
Verde Science (CE) (USOTC:VRCI)
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