LOS ANGELES--(BUSINESS WIRE)--BG Medical Technologies, Inc. (OTC: RIGH) will be creating a new subsidiary, Genius Biotech Corporation, to specialize in the healthcare aspects of medical marijuana. BG Medical Technologies will place its medical device, treatment solutions, and product manufacturing projects into Genius Biotech Corporation as a stand-alone corporation with its own growth potential. The long-term plans of the company are to achieve stable growth as a rapidly increasing number of states continue to legalize the medical use of cannabis by the recommendation of doctors for treating illnesses. Internet technology applicable to both medical and state-legal recreational cannabis use will remain housed under the BudGenius brand.
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