Altitude Organix(TM) Now Offers THC Infused Edibles in Colorado Medical Marijuana Centers
PHOENIX and DENVER, Oct. 19, 2011 /PRNewswire/ — Altitude Organic Corporation (ERBB:OTC:Pink), a leading national, publicly-traded medical marijuana company, is pleased to report that the company has begun its edibles joint venture with Colorado Cannabis Company http://coloradocannabiscompany.com/. The diverse Altitude Organix(TM) medical marijuana edible products are now available at Altitude Organic Medicine stores in Denver and Colorado Springs, as well as at future wholesale locations. Altitude Organix(TM) edibles are produced at Colorado Cannabis Company facilities and are poised to become consumer-recognizable branded marijuana products. Altitude Organix(TM) edibles combine natural wellness enhancement, with branded quality and consistency.
Over 40 different Altitude Organix(TM) edible products will be produced for sale in the regulated Colorado medical marijuana market. Innovative product recipes, packaging, and design labeling will guide the brand’s future development. Edible products advocate patient wellness without requiring smoke inhalation.
The Colorado industry is the most legally regulated medical marijuana market today. Both city and state licenses are required to retail or produce medical cannabis products. Colorado is the first state to appoint a Medical Marijuana Enforcement Division (MMED) to oversee and create standardized business regulations for the industry. Colorado’s MMED operates under Department of Revenue guidance. The Colorado Department of Revenue created casino gaming regulations for the state’s mining towns during the 1990′s, when gambling was still illegal under federal law. The Department of Revenue currently oversees liquor licensing, casino gaming, and now medical marijuana regulation in Colorado. No other state or foreign country has an enforcement division helping uniformly mandate new medical marijuana regulation.
Altitude Organic Corporation is developing new industry management standards for medical marijuana retailers and producers. In order to guide legal compliance, oversight, and management protocols for the new industry, the Altitude Organix Management Company was born. While focusing on wide-scale customer satisfaction, Altitude Organix Management can help streamline the new industry’s taxation and regulatory controls as other states attempt to emulate the regulated business model nationally. In Colorado, two Altitude Organic Medicine medical marijuana centers offer exceptional customer service and branded quality & consistency.
(1) New Gallup Poll: Record 50% of Americans Favor Legal Cannabis
(2) See Change Strategy Financial Projection 2011
ABOUT ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation www.altitudeorganix.com provides independently-owned retail dispensaries in Colorado, California, and Arizona business support services, while also acting as a one-stop-shop for entrepreneurs looking to enter the burgeoning, multi-billion dollar industry of legal cannabis. Altitude Organic Corporation has launched its new management company strategy in Arizona. The company can manage, staff, consult, and provide uniquely branded products and concepts to medical marijuana dispensaries using a limited liability agreement. The company also sells horticulture equipment via its partnership in Sundance Hydroponics (www.sundancehydroponics.com). Visit www.altitudeorganicmedicine.com today.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company’s Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
Company and Contact:
Chief Executive Officer
Altitude Organic Corporation
14220 N. Northsight Blvd., Suite 139
Scottsdale, Arizona 85260
SOURCE Altitude Organic Corporation