WINNETKA, Calif., April 15, 2015 /PRNewswire/ -- Green Cures
& Botanical Distribution Inc. (OTC Pink: GRCU) ("Green Cures"),
a cannabis and industrial hemp products innovator announced changes
to the corporate management structure of Green Cures. Romeo O. Cruz has been appointed Interim CEO,
and he will continue to serve as Chief Financial Officer and Board
Member of Green Cures. Due to other business endeavors, Dr.
Trent Jones has stepped down from
all positions in the company, and the company wishes him well.
Additionally, the company announced that its Board of Directors has
approved a plan to spin off Rico Suave Energy, from the line of
products that the company currently markets and sells.
Management of Green Cures stated that the decision to spin off
Rico Suave will give the company the ability to concentrate its
resources and efforts, in areas and markets where the company has
already established a consumer base. The marketing and efforts
needed for the expansion of the energy drink/supplement are not in
conjunction with the current operations of the company. Green Cures
will reinforce its efforts and resources, to advance in the
botanical and medicinal cannabis industry, as well as the
accelerating hemp market. The company will remove a total of
$11674.73 from debt incurred, during
the first quarter of the year 2015, for costs associated to the
energy supplement.
The company will provide additional updates as they become
available.
About Green Cures & Botanical Distribution Inc.: Green Cures
& Botanical Distribution Inc. is a development stage company
that retails and wholesales hemp-infused nutritional, botanical,
sports, and body care products. The company is currently Web-based
and focuses on online retailing. Green Cures & Botanical
Distribution Inc. operates a diverse portfolio of products and
services within the botanical and cannabis industry, as permitted
by law. From concept to production and distribution, Green Cures
& Botanical Distribution Inc. is continuously creating and
introducing products that promote a healthy life style.
www.gcbdinc.com
FDA Statement: The statements contained in this document have
not been evaluated or approved by the FDA. The products and
statements referenced in this document are not intended to
diagnose, treat, cure, or prevent any disease.
Forward-looking statement: This press release may contain
certain forward-looking statements and information, as defined
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, and is subject
to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Forward-looking statements are identified by wording
such as "scheduled (future sense)", "intend(s)", "plan(s)",
"expect(s)", "believe(s)", "will", "estimate(s)", "anticipate(s)",
"expect(s)", "may", "would", "could" or "should" or, in each case,
the negative thereof, other variations thereon, or comparable
terminology that implies anticipated future deliverables. The
Company disclaims any obligation or intention to update any
forward-looking statement for any reason.
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SOURCE Green Cures & Botanical Distribution Inc.
