Press Release (ePRNews.com) - Las Vegas, NV - Jan 23, 2017 - THC Therapeutics, headquartered in Las Vegas, Nevada, is now a publicly traded company within the rapidly growing cannabis industry. Brandon Romanek, the founder of THC Therapeutics, has acquired a controlling interest in Harmonic Energy, Inc., a publicly traded company with ticker symbol OTC:ASUV. In exchange for additional ownership in Harmonic Energy, Romanek has also contributed patent applications, trademark applications, and internet domain names to Harmonic Energy.
The THC Therapeutics proprietary technology patent applications and trademark applications are now part of Harmonic Energy. Additional details regarding these transactions are available on www.otcmarkets.com. Going forward, Harmonic Energy intends to pursue the THC Therapeutics business plan. Harmonic Energy is currently in the process of a name change to THC Therapeutics, Inc. The name change, along with a request for a new ticker symbol, will be submitted to FINRA for review prior to taking effect in the OTC markets.
“I look forward to an amazing future for our company and shareholders. Our only business is helping people enhance their quality of life.”
“I am very excited that we are now a publicly traded company,” says Romanek. “We will be A New Kind of Cannabis Company actively seeking partnerships, mergers and acquisitions in the cannabis, health and healing industries and we are actively hiring the very best talent. I look forward to an amazing future for our company and shareholders. Our only business is helping people enhance their quality of life.”
The first of many products THC Therapeutics plans to offer is the company’s dHydronator, which is a sanitizing herb dryer with multiple design, function and usage patents pending. Traditionally cannabis drying times vary from 10 -14 days but the proprietary multi-purpose dHydronator technology is proven to reduce this time down to 12-14 hours. Because the dHydronator can dry and sanitize all herbs including basil, oregano, rosemary and more, Romanek sees great potential for this product in the home and garden, agriculture and marijuana industries.
A 2016 Forbes article noted that the legal marijuana market in the United States was projected to grow $7.1 billion in 2016 with long term growth expected to reach $22 billion by 2020. The article further noted that legal adult recreational marijuana sales are seeing a 184 percent increase year to year. In 2015, sales topped $998 million compared to $351 million in 2014. Twenty-six states and the District of Columbia currently have laws legalizing marijuana in some form with seven states including D.C having adopted expansive laws legalizing marijuana for recreational use. In Nov. 2016, California, Massachusetts, Maine, and Nevada all passed laws legalizing recreational marijuana. It is anticipated more states will follow this trend.
About THC Therapeutics
THC Therapeutics is a forward-thinking publicly traded health and healing company in the cannabis industry that has “Better Health through the Science of Nature” as their guiding statement. The company is dedicated to innovating new methods and refining current industry standards in the cannabis market. THC Therapeutics plans for future growth include cultivation, dispensing, extractions, edibles, personal wellness centers and flotation therapy. For more information, visit THCTherapeutics.com.
Forward-Looking Statements Disclosure:
This press release may contain “forward-looking statements” within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company’s expected future business and financial performance, and often contain words such as “anticipates,” “beliefs,” “estimates,” “expects,” “intends,” ” plans,” “seeks,” “will,” and other terms with similar meaning. These forward-looking statements by their nature address matter that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risk, and uncertainties, and by reference to the underlying assumptions.
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Forbes – Legal U.S. Marijuana Market Will Grow To $7.1 Billion In 2016: Report