Clearwater, Florida, July 15, 2016 (GLOBE NEWSWIRE) -- MariJ Pharmaceuticals, Inc., a wholly-owned subsidiary of Acacia Diversified Holdings, Inc. (OTC:ACCA), has entered into an oil extraction contract with a major Colorado Hemp farm to process a minimum of 2,000 pounds of plant material. The company expects revenues from this fully executed contract to exceed $1,000,000 beginning in September and culminating in the latter part of the fourth quarter of this year or the first quarter of 2017. Richard Pertile, President of MariJ Pharmaceuticals, said: “We are very excited to work with such a large and high-quality Hemp grower and look forward to seeing this blossom into a long-term relationship for the benefit of all.”
Forward-Looking Statements
Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on the Acacia or MariJ Pharmaceuticals websites does not constitute a part of this release.
Mr. Richard K. Pertile, CEO MariJ Pharmaceuticals, Inc. (an Acacia Diversified Holdings, Inc. company) 13575 58th Street North - #138 Clearwater, FL 33760 Email: info@marijinc.com Internet: http://www.marijinc.com/ Office: (727) 678-4420 Fax: (877) 513-6295
