Navigation Links
UMAX Group Corp. - Future Business Focus

UMAX Group Corp. (Pink Sheets: UMAX) – UMAX announced last week the execution of agreements whereby Kathryn Gavin will become the controlling shareholder of the Company, and the subsequent naming of Ms. Gavin as its new Chief Executive Officer. This transaction is still anticipated to be closed on or before December 31, 2018.

Upon closing, UMAX plans on bringing on additional management and starting the process of changing the business direction of the Company. UMAX plans on locating and acquiring assets in the Cannabidiol (commonly referred to as CBD) industry. As stated by our new CEO, Kathryn Gavin,…"UMAX will be looking for opportunities from brown earth to the blue-sky with regards to the processing, development, and sale of legal, non-psychoactive Cannabidiol products to the public. We plan on investigating opportunities from the initial harvesting and processing of hemp biomass to the development and/or acquisition of Cannabidiol product lines by means of prospective acquisitions. It is our eventual goal to become an industrial scale producer of THC-free full spectrum Cannabidiol oil, broad spectrum Cannabidiol Isolate, and water-soluble Cannabidiol. It is important to note that our Cannabidiol will be derived solely from the American-grown industrial hemp plant.

UMAX would like to point out that the use of Cannabidiol oil is very new, and there are still significant gaps in what is known about the effects of its use. While we can confidently say the substance is safe and legal, its exact benefits are still an issue of hot debate and growing research.

According to a 2013 review published in the British Journal of Clinical Pharmacology, studies have found Cannabidiol to possess the following medical properties: antiemetic, reduces nausea and vomiting, anticonvulsant, suppresses seizure activity, antipsychotic, combats psychosis disorders, anti-inflammatory, combats inflammatory diseases, anti-oxidant, combats neurodegenerative disorders, anxiolytic/anti-depressant, and combats anxiety and depression disorders, as well as many other potential health benefits.

It is important to note that most of the evidence as to its medical potential listed above comes from studies done on animals as relatively few studies of the medical benefits of Cannabidiol have been carried out on human subjects to date. Other research has shown that it may have anti-inflammatory and anti-cancer properties, including the support of mitochondrial function at the cellular level. Research into the medical efficacy of Cannabidiol is growing at a record pace.

About UMAX Group Corp.

UMAX GROUP CORP. (the UMAX or the Company) is a development-stage company that will have a business focus to acquire and/or develop businesses in the Cannabidiol industry through potential acquisition transactions. Cannabidiol is made from the roots and stems of the Hemp plant. Cannabidiol yields none of the psychoactive compound THC (tetrahydrocannabinol) that marijuana contains. Sometimes called the “ultimate preventative medicine,” “the miracle herb,” and even referred to as “the forbidden medicine,” Cannabidiol may become a medical wonder. Since 2012 (Sales of $108M USD), product sales containing Cannabidiol formulations have grown yearly. It is expected that by the close of the 2018 calendar year, Cannabidiol product sales will reach $500M and will break $1.1 Billion USD by 2020.

Forward Looking Statement

Certain statements that we make may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as believes, expects, anticipates, intends, plans, estimates, projects, forecasts, and future or conditional verbs such as will, may, could, should, and would, as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report and subsequent Flings, which are available on We expressly disclaim any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether as a result of new information, future events or otherwise.

New web site under construction


UMAX Group Corp.
Las Vegas, NV 89128

Investor Contact

Ian Dixon, President
(702) 628-0211

Read the full story at

Source: PRWeb
Copyright©2018 Vocus, Inc.
All rights reserved

Related medicine news :

1. Baltimore Based Chiropractic & Physical Therapy Group Announces New Location
2. Physician Medical Group M&A Activity Slows in Q3:2018, According to Acquisition Data from
3. Grant Messick Joins The Chartis Group as a Principal in the Firm’s Revenue Cycle Practice
4. Drummond Group Joins the Strategic Health Information Exchange Collaborative Partner Program
5. The Avoca Group Joins BlueCloud Global Networking System
6. AngelMD Investor Group Completes Funding Round in Access Vascular, Inc.
7. Study Finds Reducing BMI Could Achieve $461 Million in Economic Benefit Over 20 Years for Sample Group of Isagenix Customers
8. New Surgeon Joins Brevard’s Award-Winning Plastic Surgery Group Clevens Face and Body Specialists
9. Samet & Company PC Announces Robert S. Miller, CPA, CFE Has Joined the Firm as a Partner in the Assurance Group
10. ProVest Insurance Group Leads Regional Charity Event to Support Young Boy Battling Extremely Rare Chromosome Disorder
11. Large Urology Group Practice Association (LUGPA) to Host Third Live Online Educational Program for Urologists on UroCareLive
Post Your Comments:
(Date:5/26/2019)... , ... May 25, 2019 , ... ... miss when dissecting the masterful performances of Wayne Gretzky, Serena Williams, Muhammad Ali, ... Granted, their stamina, strength, speed, agility, and precise reflexes were irrefutable. However, research ...
(Date:5/24/2019)... ... May 24, 2019 , ... The National Children’s Cancer Society ... paired with a mentor for emotional and social support. Mentors are the organization’s Beyond ... funds toward their college tuition from the NCCS. , Each NCCS mentor is a ...
(Date:5/23/2019)... ... May 23, 2019 , ... Smashtech has been named one of ... third year in a row. , Hitting newsstands May 28, in the June ... result of a wide-ranging and comprehensive measurement of private American companies that have created ...
(Date:5/23/2019)... ... May 23, 2019 , ... Spicy Lingerie, one of the largest ... Memorial Day Weekend at . With discounts up to 80% off site-wide ... the best on offer throughout the weekend. , Eighty percent discounts can be ...
(Date:5/23/2019)... ... May 23, 2019 , ... Four years after losing her daughter to injuries sustained during an ... new baby girl at Sheba Medical Center, Tel HaShomer . The baby was born ... chapter in the family’s life. , “Just as we live with our loss 24/7, we ...
Breaking Medicine News(10 mins):
(Date:5/23/2019)... ... , ... Greenlight Guru, the only medical device quality ... Roadshow, a seven-city, countrywide gathering of medical device professionals and industry stakeholders, to ... The True Quality Roadshow will comprise of a networking event and ...
(Date:5/23/2019)... ... May 23, 2019 , ... PROSHRED® Seattle will be hosting ... in partnership with The American Institute for Cancer Research (AICR). Local residents are invited ... The event will be held at PROSHRED® Seattle’s location - 830 Industry Drive, Building ...
(Date:5/22/2019)... ... 2019 , ... A leading global health expert urged new Western University of ... health care successes and builds on them to make better lives for all the ... health at the University of Washington and Institute Director of the Institute for Health ...
Breaking Medicine Technology: