MANCHESTER, N.H., Sept. 3, 2014 (GLOBE NEWSWIRE) -- Management of QED Connect Inc. (OTC Pink:QEDN) announced today that their wholly owned subsidiary, Emerald Med Farms Inc., will be expanding their medical marijuana market reach. The Company is applying for the licensing for the development of cannabidiol (CBD) oils and marijuana edibles.
The Cannabidiol (CBD) is a non-psychoactive cannabinoid found in marijuana. It is known to be an anti-inflammatory agent that is more effective than aspirin. The Cannabidiol has properties that relieve convulsions, inflammation, anxiety and nausea, as well as demonstrating positive results in preventing some cancer cell growth.
Besides adding new green houses and converting existing structures into climate controlled drying and curing areas, a commercial grade kitchen for production of "world class" edibles and a full laboratory will be constructed on their 300 acre property in Mendocino County, California. The laboratory will meet the requirements for high quality CBD oil extraction.
The company will incorporate a Carbon Dioxide (Co2) extraction process instead of the more commonly used Butane based extraction. Butane extraction is a cheaper procedure that carries risk of explosion hazard and can ultimately infuse the oils with toxic heavy metals. Whereas, the Co2 extraction process Emerald Med Farms will be employing carries little to no risk of fire or explosion. Also, because Co2 is essential to humans and plants, the pressurized Co2 is considered a safer liquid solvent. Once the oil is processed there is no Co2 residue left behind. This Co2 method is regularly used for products like decaffeinated coffee, beer hops, and a wide range of pharmaceutical precursors.
GM and VP of operations at Emerald Med Farms, Steve Amato, went on to say, "With this expansion of our market efforts we believe we're on track with our goal of becoming a leader in the medical marijuana industry by providing the highest quality and purity products."
About Emerald Med Farms, Inc.
Emerald Med Farms is a medical marijuana enterprise located on 300 acres of multiple parcels, agriculturally zoned, in Mendocino County, California. The company is committed to operating its facilities at the highest levels utilizing state-of-the-art proven methods to produce the highest of quality medical cannabis. Emerald Med Farms operates as an independent agent to the not-for-profit medical marijuana cooperatives providing them with goods and services to meet their requirements. The Company is the lease holder of land, and maintains and operates equipment, facilities and employees to grow and harvest the crops under a fixed contract. www.emeraldmedfarms.com
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc. QED's business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.