DOVER, DE / ACCESSWIRE / August 27, 2014 / AyreTrade, Inc., a holding company that will be expanding its presence in the medical marijuana industry (OTCPINK: SUMM) is pleased to announce that it has signed a LOI to purchase a marijuana accessories company. This company is located in Colorado and has carved out a niche in this unique and expanding industry.
This marijuana accessories company has been in business for well over 10 years and has annual revenues of over $400,000 USD. The Company has a vast catalogue of products and specialized- equipment that allows for in-house manufacturing of its "to-order" custom products. As a result the Company is able to offer wholesale prices to its customers. The terms of an associated Non-Disclosure Agreement prohibit AyreTrade, Inc. from divulging the name of the Company at this time.
About AyreTrade, Inc.
AyreTrade, Inc. (www.ayretrade.com) is a publicly traded company listed on the OTC PINK under the "SUMM" trading symbol. It is a holding companyincreasing its asset and revenue base through acquisition of fast-growing medicinal, manufacturing and retail businesses available in the marijuana industry. All inquiries should be directed to: [email protected].
Safe Harbor Statement
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
SOURCE: AyreTrade, Inc.