United Treatment Centers Inc.’s (OTCPINK: UTRM) share volume soared on May 6th, with 236,223,120 shares exchanging hands, significantly higher than its three month daily average volume of 169,939,343 shares.
This uptick in volume comes after UTRM’s PotNetwork.tv (designed to be the CNN of the marijuana industry) engaged with Neovix Inc, to maximize coverage of the rapidly expanding medical and recreational marijuana industry around the world. UTRM engages developers of media streaming and web systems monetization that enables the gathering of real time news and distribution of advertising revenues.
CEO Chris Seminatore stated, "It's a massive expansion of marijuana news content provision, and its lighting up in the next couple of days. We are launching a completely new format that will allow us to stream real time news from around the world. We also have advertisers already subscribed to the format change. I am excited to be working with Neovix and our new product will be in line with investor expectations."
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Allbotanical.com Now Receiving and Processing Orders
Triton Distribution Systems Inc.’s (OTCPINK: TTDZ) share volume continued its downward trend on May 6th, with 18,623,164 shares changing hands, significantly lower than its three month daily average volume of 69,025,939 shares.
Triton recently announced that Allbotanical.com is now receiving and processing orders from customers across the United States.
Allbotanical.com is an online platform that offers a wide range of hemp-based nutritional products, botanical formulas, body care products and topical analgesics that are alternatives to narcotic medications which do not require a medical prescription or recommendation. Currently, Allbotanical ships orders anywhere in the United States. At the same time, Triton expects to start shipping orders internationally in the near future. Allbotanical.com is the exclusive on-line retailer, wholesaler, and distributor of the Green Magic label. Pursuant to the strategic partnership previously announced by Triton on April 24th, Triton management anticipates that Allbotanical.com will become the exclusive on-line retailer of Hemjoba products, as well as the on-line retailer of selected products from other distributors.
TTDZ closed at $.03 on May 6th, up $.0013 (4.53%) from its previous close of $.0287.
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As Florida Senate Passes Marijuana Bill, MediSwipe Inc. To Apply For Candidacy
MediSwipe Inc.’s (OTCQB: MWIP) share volume remained strong on May 6th, with 997,022 shares exchanging hands, slightly lower than its three month daily average volume of 1,277,718 shares.
Earlier this week, the Florida Senate passed the bill known as "CCharlotte’s Web." The bill would legalize the use of low-THC marijuana to treat epilepsy and cancer patients.
"We at MediSwipe would like to congratulate the great state of Florida on the courageous action by the legislature on behalf of the families and the Charlotte's Web Bill. As a Florida based company with investments in agricultural land consisting of 20 acres next to some of the largest organic farming operations in the state, we can apply immediately as a candidate, partnership or potential licensee on the basis of this new legislation. Considering our experience of over five years in this sector, our Board of Directors and Advisors including Dr. Jayme Canton is supportive in our company to continue our commitment as a leader in the Compassionate Care Industry. Combined with our reach in Colorado consisting of access to Charlotte's Web and similar strains through our licensed tenants in Colorado at our new agricultural facilities there, we believe we can play a vital role in the state. We look forward to providing guidance in the enactment of this legislation and to enable these patients to get the help they need," stated B. Michael Friedman, CEO of MediSwipe.
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MediFarm LLC Completes Filings For Special Use Permits for Medical Marijuana Licensing
Terra Tech Corp.’s (OTCQB: TTDZ) share volume continued to dip on May 6th, with 1,562,769 shares exchanging hands, significantly lower than its three month daily average of 5,546,184 shares.
Terra Tech Corp.’s subsidiary, MediFarm LLC, has completed filings for the special use permit process for medical marijuana licensing in unincorporated Clark County, Nevada. In addition, the company filed requisite information with the Clark County Department of Business Licensing for four medical marijuana applications: two dispensaries, one cultivation facility, and one production facility.
"This initial process in Clark County was a tremendous undertaking for our team," explains Derek Peterson, CEO Terra Tech Corp. "As a byproduct of this process we are left with a great base to build our state level applications from. We feel well positioned to submit to the state in a timely manner should we make it through the county's review process. In addition we are focusing on other counties throughout the state."
TRTC closed at $.5395 on May 6th, down $0505 (8.56%) from its previous close of $.59.
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