|By Marketwired .||
|June 18, 2014 01:55 PM EDT||
CHEYENNE, WY -- (Marketwired) -- 06/18/14 -- 3D Entertainment Holdings, Inc., a Wyoming Corporation dba 3D Eye Solutions Inc (OTC Pink: TDEY) (PINKSHEETS: TDEY)
3D EYE Solutions, Inc. (TDEY). Announces The following updates to our newly expanded Cannabis Division. The company would like to provide the following details on its plans to expand its Cannabis infused division.
3D EYE Solutions would like to announce the following plans for its rapid expansion into the Cannabis and Marijuana infused sector. The company has identified a core product and services line specifically targeting the budding Cannabis marketplace. We are currently developing our proprietary ERP software MaryGen and anticipate strong market demand for our product market wide as more states legalizes Cannabis sales and use. We also recently announced our newest Marijuana Infused product Cannastix, which we believe is a "one step solution" to the current issues facing the Cannabis infused edibles market. Cannabis infused edibles continue to show the greatest increases in demand growth while continuing to be a "problem" for manufacturing and distribution channels due to shelf life and market wide regulation. We are also preparing two completely unique products to the Cannabis marketplace which we feel will be comparable "cover all" products which will revolutionize and surpass cost, distribution, and regulatory issues that dog many Cannabis infused products making it difficult or even impossible for mass distribution. We will be debuting these products to the marketplace over the next two months.
The company feels the next natural step in growth will be establishing a physical presence in Colorado and Washington St by either acquisition and/or outright real estate purchase for manufacturing and development and possible stand-alone grow and retail opportunities. We will be surveying all available opportunities in these areas and are also looking to acquire properties in Florida as we anticipate major demand there and would like to establish a footprint ahead of legalization. This strategy fits our business model and will allow for growth of physical assets along with meeting state and local regulations for wholesale and retail operations in the Cannabis market place.
We will be providing updates to shareholders weekly as we rapidly execute our plans for expansion into the Cannabis / Marijuana sector.
MaryGen is the first Cannabis Sector ERP system developed from the ground up under the seed to sale concept. MaryGen will cover all aspects unique to the MJ marketplace such as; seed to sale and future accountability to the DEA and FDA. MaryGen will be scalable to meet all ERP needs of companies large and small in both the Recreational and Medical side of the 420 industry. We believe MaryGen will be first to market with this multifunctional business tool designed to aid companies in tracking their capital and products while maintaining regulatory compliance.
Cannastix is an inexpensive alternative to purchasing already produced edibles and allows consistent dosing to your own favorite recipes and drinks which we feel will eliminate various issues for retailers and consumers such as shelf life and cross market consistency. We will be updating you frequently on our new products as they roll out and as distribution agreements are signed.
The company also recently announced the restructure of our corporation into three separate divisions as follows: 3D Software/Video, E-Cig, and Cannabis. Our CEO will oversee all divisions while we will appoint qualified Board members to cover each new division of the company. As we grow we will consider spin off and dividend distribution to our existing shareholders.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
3D EYE Solutions
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