Clearwater, Florida, July 15, 2016 (GLOBE NEWSWIRE) -- MariJ Pharmaceuticals, Inc., a wholly-owned subsidiary of Acacia Diversified Holdings, Inc. (OTC:ACCA), has entered into an oil extraction contract with a major Colorado Hemp farm to process a minimum of 2,000 pounds of plant material. The company expects revenues from this fully executed contract to exceed $1,000,000 beginning in September and culminating in the latter part of the fourth quarter of this year or the first quarter of 2017. Richard Pertile, President of MariJ Pharmaceuticals, said: “We are very excited to work with such a large and high-quality Hemp grower and look forward to seeing this blossom into a long-term relationship for the benefit of all.”
Forward-Looking Statements
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