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MC Endeavors, Inc. /Room 21 Media Announces Launch
of CBD Division
DANA
POINT, CA --
August 22, 2019 -- InvestorsHub NewsWire -- MC
Endeavors, Inc. /Room 21 Media (PINKSHEETS:
MSMY) today announced the launch of
its newly formed CBD Division, which will market and
distribute a full line of premium CBD
products directly to specialty retailers and wholesale distributors
worldwide. In support of the new division,
the Company has already started the development
of the retail (B2C) e-commerce portal and subsequent launch of
a business-to-business
wholesale
(B2B)
e-commerce
portal.
Mr. Stippick, CEO, said, "The passage of the
Farm Bill moves the
U.S. out of a long history of hemp prohibition, removing hemp from
the Controlled Substances Act. This new legislation
is creating
tremendous
opportunity for CBD brands to market and sell products
into what
analysts
are predicting could grow into a $20 billion market by 2022. We see the CBD market
as a game-changer for many industries, and our newly created CBD
division will offer a unique value to consumer and wholesale
markets within this emerging industry,"
"The
new Room 21 Media CBD division will provide consumers, retailers,
and wholesalers with direct access to online ordering and shipment
of products in large quantities through our upcoming ecommerce
platform. We see this as a very promising
opportunity for two reasons: 1) We will extend the reach of the
brands we are acquiring and 2) we are creating a new revenue
channel for our Company which should greatly complement our core
capabilities as a digital marketing company" stated John Stippick, MC
Endeavor CEO.
Mr. Stippick
added, "The Company's expansion plans begin
initially with a consumer (B2C) portal and will expand very quickly
to the formation of bulk CBD sales, with substantial discounts on
bulk quantities of high quality CBD isolate and full spectrum CBD
oils, as well as hemp extract finished products. Both the consumer
B2C and wholesale B2B websites are nearing completion and will be
announced before the end of 3rd Quarter 2019.
About MC
Endeavors, Inc. /Room 21 Media
MC Endeavors, Inc.
(OTC
Pink: MSMY), an innovator in social commerce platforms, is
committed to becoming a leading global social video commerce company that utilizes
a single core platform, Room 21™, to produce, distribute, and
monetize online communities for individuals and businesses that
interact with industries ranging from industrial business to
healthcare to entertainment.
Safe Harbor Statement
–
In addition to
historical information, this press release may contain statements
that constitute forward-looking statements within the meaning of
the Securities Act of 1933 and the Securities Exchange Act of 1934,
as amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements contained in this press release include
the intent, belief, or expectations of the Company and members of
its management team with respect to the Company's future business operations
and the assumptions upon which such statements are based.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance, and involve
risks and uncertainties, and that actual results may differ
materially from those contemplated by such forward-looking
statements. Factors that could cause these differences include, but
are not limited to, failure to complete anticipated sales under
negotiations, lack of revenue growth, client discontinuances,
failure to realize improvements in performance, efficiency and
profitability, and adverse developments with respect to litigation
or increased litigation costs, the operation or performance of the
Company's business units or the market
price of its common stock. Additional factors that would cause
actual results to differ materially from those contemplated within
this press release can also be found on the
Company's website. The Company
disclaims any responsibility to update any forward-looking
statements.
SOURCE MC Endeavors,
Inc
RELATED LINKS
http://www.room21media.com
http://www.treatmentmedia.com
http://www.getdetoxnow.com
http://www.soberaftercare.com
http://www.instagram.com/room21media/
http://twitter.com/Room21Media
For further information
contact:
John Stippick
President
MC Endeavors, Inc/Room 21
Media
Phone: (800)931-8773
E-mail: johns@room21media.com