Contact Information: By Staff CONTACT: Health Sciences Group, Inc. Thomas Gaffney President and CEO (321) 604-1451
Health Sciences Makes Progress on Medical Marijuana Endeavors
| Source: Health Sciences Group, Inc
INDIAN HARBOR BEACH, FL--(Marketwire - December 1, 2009) - Health Sciences Group, Inc.
(PINKSHEETS : HESG ) would like to announce that:
1. It has had positive feedback from Medical Marijuana, Inc. (MJNA) about
the expansion and revenue producing areas allowed within the United States
pertaining to marijuana collectives versus marijuana dispensaries. The
revenues to be generated through collectives (the grow end) is much more
lucrative than entering into management fees non-profit marijuana
dispensaries. On a side note it is estimated that the growing end of
marijuana through collectives in California can exceed revenue of $400,000
per month. Therefore the Company will be immediately seeking opportunities
within the "growing and transportation" end of legalized marijuana
licensing.
2. The Company has entered into preliminary negotiations with Greenway
University for joint venture / consulting agreements for Colorado
operations pertaining to growing, transportation and dispensaries.
3. The Company has been in preliminary talks with growers and
dispensaries in Montana and Oregon for possible joint ventures or
acquisitions.
We believe that we-Health Sciences have entered this industry at the right
time. We believe that if we continue to make progress and develop
relationships with people within the movement of using marijuana for
medical purposes we will all succeed.
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.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is
subject to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial results
that are forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks, uncertainties
and other factors, which may cause the actual results, performance or
achievements of Health Sciences Group, Inc. to be materially different from
the statements made herein.