Child-Resistant, Tamper-Proof Vessel for Dispensaries Also Approved by the American Society for Testing and Materials
DENVER, CO / ACCESSWIRE / June 11, 2014 / Brazil Interactive Media, Inc. d/b/a American Cannabis Company Inc. (OTCQB: BIMI) (the “Company” or “ACC”), today announced the launch of its proprietary product, The Satchel(tm), for use by dispensaries as a safe carry-out vessel of cannabis product. The Satchel(tm) will also meet Colorado Marijuana Enforcement Division’s handling regulations for cannabis and, similar regulations being adopted by other states. By ACC estimates, the Company believes demand for The Satchel(tm) at approximately 80,000 units per month and will be sold through American Cannabis Company’s The Trade Winds distribution channel.
American Cannabis Company’s The Satchel(tm) has also been awarded an approval from the American Society for Testing and Materials (ASTM). The Satchel(tm) was granted approval after a mandatory two month review and testing process. The Satchel(tm) is a child-resistant vessel for dispensaries to assemble orders and ensure the proper handling of cannabis per each state’s legislation. ACC anticipates favorable customer and market reception of The Satchel(tm). The Satchel(tm) will be sold through the Company’s diversified, multi-product distribution company, The Trade Winds. The Company believes that The Satchel(tm) will provide high growth potential as medical cannabis dispensaries open in the many states currently in a legislation review, and permit processes.
"As our business operates on the forefront of the legal and approval process of dispensaries, we have a privileged peek into products required in the medical cannabis industry," began ACC CEO Corey Hollister. “As compliance and regulation are important for any medical product, we are pleased the industry has adopted an important handling and transport standard of cannabis. We believe our product now provides dispensaries a cost-effective, compliant and approved option to this large market, currently being serviced by only a handful of manufactures of carry-out vessels.”
About American Cannabis Company:American Cannabis Company (“ACC”) owns and operates three vertically integrated businesses, American Cannabis Consulting, Cube Root Inc. and The Trade Winds Inc., which deliver an end-to-end solution for their customers and clients within the cannabis industry. Through these businesses, ACC provides industry specific advisory and consulting services, manufactures cultivation products and facilities, and manages a strategic group partnership that produces private label customer products. ACC has successfully procured licensing agreements for its clients in several states and is accessing existing and new growth opportunities, in both domestic and international cannabis markets.
For more information, please visit: http://www.americancannabiscompanyinc.com/
About ASTM International
ASTM International, formerly known as the American Society for Testing and Materials (ASTM), is a globally recognized leader in the development and delivery of international voluntary consensus standards. Today, some 12,000 ASTM standards are used around the world to improve product quality, enhance safety, facilitate market access and trade, and build consumer confidence. ASTM’s leadership in international standards development is driven by the contributions of its members: more than 30,000 of the world’s top technical experts and business professionals representing 150 countries. Working in an open and transparent process and using ASTM’s advanced electronic infrastructure, ASTM members deliver the test methods, specifications, guides, and practices that support industries and governments worldwide.
Forward Looking Statements
This news release contains "forward-looking statements" which are not purely historical ]and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit http://www.sec.gov/.
Company John MattioCorporate, Media and Investor CommunicationsPhone: (720) 466-3789[email protected]
Source: American Cannabis Company Inc.