INDIAN HARBOUR BEACH, Fla., Nov. 17, 2009 (GLOBE NEWSWIRE) -- Health Sciences Group, Inc. (Pink Sheets:HESG) would like to announce that it has retained its attorney Robert Young to investigate the necessary steps to legally obtain licensing care giving and growing of Medical Marijuana in the State of California. One of which is forming a non-profit organization.
In addition, the Company has been in preliminary negotiations with a dispensary in Billings, Montana. Montana happens to be the only state where a care giver can profit.
Thomas Gaffney, President and CEO of Health Sciences Group, Inc., states, "Let me be clear. Number one we are in pursuit of getting into the legal medical marijuana business in either or all of California, Colorado and Montana. Montana happens to be the only state in the country at the time whereby care givers can profit from their operations. However, the company can derive profits from providing management and accounting agreements for dispensaries in any of the states where medical marijuana is legal. Furthermore, we believe that getting into the business on the ground floor will give us a leg up when the different states legalize the use of marijuana for medical purposes altogether. There are currently 14 states in total; we are investigating legalities. From a corporate stance we are considering forming a subsidiary that we might eventually spin-off. However this is all preliminary and just strategizing in nature."
We would appreciate any shareholders opinion at info@igohealthy.org
ABOUT HEALTH SCIENCES GROUP, INC.
Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its website www.igohealthy.org and health focused publications. The Health Sciences network consists of its public website www.igohealthy.org and iGoHealthy Magazine. The Company operates in three segments: Online Services, Publishing and Other Services. The Company is recently exploring options of corporate growth within the Legal Medical Marijuana Industry.
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