Wednesday, 29 February 2012
Crystal Research Associates Issues Executive Informational Overview on General Cannabis
Wireless News
04-21-2011
Crystal Research Associates Issues Executive Informational Overview on General Cannabis
Type: News
Crystal Research Associates announced that it has issued an Executive Informational Overview (EIO) on General Cannabis.
General Cannabis is a technology-driven company focused on developing a significant Internet presence in the medical cannabis industry using various technological platforms, search engine optimization (SEO) strategies, and proprietary software applications. General Cannabis does not grow, harvest, cultivate, possess, or distribute medical cannabis; rather, the company provides online services that help physicians, dispensaries, and patients within the industry build relationships and manage businesses.
In a medical setting, cannabis is used to relieve chronic or neuropathic pain, improve appetite, decrease nausea, and facilitate muscle relaxation. Cannabis is utilized under state law for medical purposes in 15 states and Washington, D.C., representing a portion of the estimated $35 billion to $45 billion cannabis industry in the U.S. Further, legislation is pending in 12 additional states.
As decriminalization of medical cannabis becomes more prevalent, multiple cannabis-related niche markets have emerged, including media, technology, management of medical clinics, merchant processing, and marketing. The company is one of the first publicly traded companies to support the medical marijuana market through each of these sectors. General Cannabis aims to lead each respective market sector, creating a standard of professionalism that it believes is largely absent in this industry. General Cannabis also seeks vertical integration opportunities within these sectors.
Crystal Research Associates is an independent research firm that provides institutional-quality, fee-based research to small- and mid- cap companies. The firm is led by Wall Street sell-side analyst Jeffrey Kraws, who is well known by the international financial media for his years of work on Wall Street and for providing analyses and developing long-term relationships on both the buy- side and sell-side.
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