ML Capital Group, Inc. (OTCQB: MLCG) (OTCBB: MLCG) is proud to announce that it received its initial prototype order of the SuperStar Vapor Pen and officially unveils it to the public today.
The Company recently received its SuperStar Vapor Pen prototype which went through testing and quality control. The SuperStar Vapor Pen kit is an 8 piece set that comes with three different tips to accommodate the use of wax based medical marijuana, liquid, or dry cannabis or tobacco, and is adorned in a professionally designed presentation case. The initial unveiling of the products can be found at the Company's website at http://mlcapitalgroupinc.com/index.php?q=superstar while it completes the development of its e-commerce website. The SuperStar Vapor Pen will be available in five popular colors including black, white, gold, red and pink.
The U.S. cannabis market is slated to grow 64% to $2.34 billion this year and upward to $10.2 billion in five years, thanks to 20 states making medicinal marijuana legal with Washington and Colorado being the first two states to embrace it recreationally. Even conservative Canada is joining the club. As of April 1st, the country allowed licensed producers to grow medical marijuana on a commercial scale. Health Canada estimates the market could be worth $2.6 billion by 2016. Combined with the U.S., that would create over a $6 billion-plus North American boom during the next two years. In other words, the medical marijuana industry is big business and only getting bigger.
ML Capital Group is poised to leverage the growth of the medical marijuana industry as it nears the official launch and commercialization of several products. In addition to its SuperStar Vapor Pen, the Company is also publishing is SuperStar MMJ Recipe Book, as well as its SuperStar MMJ Dispensaries smartphone application.
Lisa Nelson, the Company's President & CEO, stated, "This is really an exciting time for the Company and its shareholders as we get closer to the launch of our SuperStar branded products. Based upon the indications from several of our distributors and potential sales partners, we anticipate the initial launch of the SuperStar Vapor Pen will be very well received in the marketplace and produce strong sales results."
About ML Capital Group, Inc.:
ML Capital Group, Inc.'s primary business consists of providing management, financial and strategic consulting services designed to advance and improve an organization's ability to conduct its business more effectively and to foster sales growth, with a principal focus on assisting companies in the green technology industry as well as produces, markets and sells its own branded products that are specifically focused on the medical marijuana, or "green medicine," industry.
ML Capital Group's stock is traded on the OTC Bulletin Board and OTC Markets where it is qualified to be listed in the QB marketplace as a current reporting company. You can access the Company's stock quote directly from OTC Markets at www.otcmarkets.com/stock/MLCG/quote. To find out more information on the Company, visit its website at www.mlcapitalgroupinc.com.
Safe Harbor Statement:
This update includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
CONTACT:
Investor Relations
SmallCapVoice
Stuart T. Smith
512-267-2430
SOURCE: ML Capital Group Inc.
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MLCG_4-10-2014_PAP_ETL.docx
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