TORONTO, ON--(Marketwired - January 28, 2015) - Ross' Gold™ a subsidiary of Green and Hill Industries Inc. (GHIL) (the "Company") today announced that it has signed a licensing agreement with Canna Products USA (CP USA)to manufacture, distribute and sell a line of Ross' Gold™ Hemp and CBD (Cannabidiol) products to their customers through online channels and third party retail outlets in the USA.
CP USA is the exclusive manufacturer and distributor of the following nationally recognized brands including Yellow Emperor Ma Gu Premium CBD, Bluegrass Natural Remedies, and Java Joe Hemp Coffee featuring natural Hemp CBD, and added Terpenoids and Flavoids. CP USA was granted a non-exclusive license in the United States to manufacture, distribute and sell Ross' Gold brands including Hemp and CBD infused products. Sales are expected to begin in March 2015.
CP USA was chosen because of their attention to the holistic, patient focused services that they provide to support online channels and retailers. Canna Products USA focuses their business on the natural healing power of hemp continuing to research and educate on the powerful plant that has over 25,000 everyday uses. The company was also picked as it cultivates its own crops of premium quality, organic hemp and is continuing to expand their network of retailers.
CP USA uses premium Hemp CBD, naturally occurring Terpenoids and Flavoids in their proprietary blends which assist in patient recovery and management of pain and associated symptoms (terpenoids contribute to the scent of eucalyptus, the flavors of cinnamon and garlic, and the yellow color in sunflowers).
According to an article in Leafly.com by Rachel Chambers, "Recently, research has shown CBD to have analgesic, anti-inflammatory and anti-anxiety properties without the psychoactive effects (the "high" or "stoned" feeling) that THC provides."
She further described, "It looks to be especially promising for conditions that are difficult to treat such as Crohn's disease, PTSD and multiple sclerosis. Lately, it is one of the rarest of these conditions, Dravet's Syndrome, that is getting a lot of attention from both the medical community and the public." (Source http://www.leafly.com/news/lifestyle/whats-the-deal-with-these-high-cbd-strains)
Ross Rebagliati, CEO of Green and Hill, commented, "We are excited to align ourselves with Michigan Hemp and expand our business into the American marketplace. The Ross' Gold brands are for those looking to increase their quality of life by managing pain and aiding in recovery through the use of natural products including hemp and medical marijuana. We are also pleased to bring our reputation for quality to work alongside their brand ambassador, Tommy Chong with an outlook to increasing our brand-name recognition internationally."
About Canna Products USA
Founded in August 2013, CP USA offers a varied assortment of natural holistic remedies available for purchase online or in retail stores. Visit their website for store locations and wholesaler information at www.cannaproductsusa.com
About Green and Hill
Green and Hill Industries Inc. is the owner of Ross' Gold™ which plans to license it established brand through partnerships including government approved producers for medical cannabis strains called Ross' Platinum, Ross' Gold, Ross' Silver and Ross' Bronze with specific THC/CBD levels for specific ailments. The Company has an established international marquee with the celebrity of Olympic Gold Medal winner Ross Rebagliati who is a spokesperson for the benefits of medical cannabis, especially as it relates to sports training, injuries, pain management and stress.
Ross' Gold is building its brand to be a premium hemp product line and medical cannabis label internationally. The Company will have a line of Ross' Gold retail products across Canada available in 2015 including glass smoking products, water pipes, bubblers, hand pipes, water pipe parts & accessories, and concentrate parts & accessories, as well as vaporizers through a licensing partnership The Company is also currently under a pre-development contract with a major production company for a television series tentatively titled Ross's Gold. Please visit www.rossgold.com for more information.
Safe Harbor Statement
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, projections of worldwide sales of Ross' Gold's products and global markets. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined at www.rossgold.com and other periodic reports filed from time-to-time.