Navigation Links
GrowBLOX Sciences, Inc. Partners with LaurelCo, LLC to Obtain Licenses to Cultivate and Dispense Medical Marijuana in Illinois
Date:7/25/2014

LAS VEGAS, July 25, 2014 /PRNewswire/ -- GrowBLOX Sciences, Inc. (OTCQB: GBLX) is pleased to announce the execution of a binding Memorandum of Understanding ("MOU") with LaurelCo, LLC, an Illinois limited liability company formed to pursue the acquisition of both cultivation and dispensary medical marijuana licenses in the state of Illinois. Pursuant to the MOU, GBLX will acquire a 20% equity interest in LaurelCo, LLC in exchange for licenses to use our proprietary GrowBLOXTM growing chambers, as well as all technology related to the machines and to various other proprietary technologies ("GrowBLOXTM Solutions") required for the cloning, growing, curing, and creation of pharmaceutical grade medical marijuana. Further, GBLX will provide technical assistance during the upcoming complex Illinois license application process. The MOU further provides that after LaurelCo, LLC has received one or more licenses in the state, GBLX will provide growing chambers for the LaurelCo, LLC's growing facilities, in exchange for an accelerated payback of actual costs, plus a 10% royalty interest going forward in any products created in the chambers and sold by the LaurelCo, LLC licensed entity.

Laurel Dineff, CEO and principal of LaurelCo, LLC said, "We are extremely excited about our new arrangement with GBLX. We have expended considerable resources in developing our plan for medical marijuana growth in this great state of Illinois. After exhaustive research, we have concluded that GBLX has not only the best growing technology, but also the best approach to making medical marijuana the serious pharmaceutical  it should be to treat the many maladies for which it has proven to be effective."

Craig Ellins, CEO of GBLX, stated, "We could not be more pleased to
'/>"/>

SOURCE GrowBLOX Sciences, Inc.
Copyright©2014 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Pressure BioSciences, Inc. and Target Discovery, Inc. Expand Strategic License Agreement and Collaboration Supporting TDIs Planned Offering of Personalized Medicine Clinical Diagnostic Services
2. Pressure BioSciences, Inc. to Discuss First Quarter 2012 Financial Results And Provide Business Update
3. KannaLife Sciences, Inc. Signs Exclusive License Agreement with National Institutes of Health Office of Technology Transfer (NIH-OTT)
4. Founded by Enlight Biosciences, KNODE partners with AstraZeneca and Other Partners
5. Regado Biosciences, Inc. to Present at the 2012 Wedbush PacGrow Life Sciences Conference in New York, NY
6. Regado Biosciences, Inc. to Present at the Canaccord Genuity 32nd Annual Growth Conference in Boston, MA
7. Pressure BioSciences, Inc. to Discuss Second Quarter 2012 Financial Results and Provide Business Update
8. Pressure BioSciences, Inc. Reports 70% Revenue Growth for Second Consecutive Quarter
9. QPS Acquires JSW Life Sciences, Largest Independent Contract Research Organization in Austria
10. Regado Biosciences, Inc. to Present at the UBS Global Life Sciences Conference 2012 in New York, NY
11. Parios Regenerative Sciences, Inc. Licenses Exclusive Rights to Organic Nanotechnology for Skin Repair
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2015)... 29, 2015 Touro College has announced that it ... for one of five media marijuana licenses to be issued ... of Health (DOH).  If CanniCare is selected, ... "Our college is supportive of medicinal development ... the Touro College System. "There is still a great deal ...
(Date:7/29/2015)... and PITTSBURGH , July 29, ... announced that it received regulatory clearance from the European ... its proposed acquisition of Perrigo Company plc (NYSE: ... Robert J. Coury commented, "Today marks yet ... acquisition of Perrigo and serves as further affirmation of ...
(Date:7/29/2015)... July 29, 2015 Legal-Bay LLC, The Lawsuit Settlement ... Goodwin in the Southern District of West ... trial that was initially set to start in November. The ... but new plaintiffs were added and now it involves 39 ... 7 th , according to an article in Reuters. The ...
Breaking Medicine Technology:Touro College Announces Support for CanniCare's Medical Cannabis License Application 2Mylan Announces Receipt of Unconditional Clearance from European Commission on Acquisition of Perrigo 2Mylan Announces Receipt of Unconditional Clearance from European Commission on Acquisition of Perrigo 3Mylan Announces Receipt of Unconditional Clearance from European Commission on Acquisition of Perrigo 4Mylan Announces Receipt of Unconditional Clearance from European Commission on Acquisition of Perrigo 5Mylan Announces Receipt of Unconditional Clearance from European Commission on Acquisition of Perrigo 6Mylan Announces Receipt of Unconditional Clearance from European Commission on Acquisition of Perrigo 7Mylan Announces Receipt of Unconditional Clearance from European Commission on Acquisition of Perrigo 8Mylan Announces Receipt of Unconditional Clearance from European Commission on Acquisition of Perrigo 9Judge Pushes Back Single Trial for 26 Ethicon Mesh Cases, says Legal-Bay Lawsuit Settlement Funding 2Judge Pushes Back Single Trial for 26 Ethicon Mesh Cases, says Legal-Bay Lawsuit Settlement Funding 3
(Date:7/29/2015)... ... 29, 2015 , ... It is unique for a health center to dedicate ... care. One that is very hands on and resident oriented, and one to which ... bringing great passion and energy, as well as a strong commitment to helping seniors ...
(Date:7/29/2015)... Wis. (PRWEB) , ... July 29, 2015 , ... ... its first two patients in a Clinical Performance Study for the Invisiport at ... 4.4 and 6 French catheter options, offers a less invasive, patient-friendly alternative to ...
(Date:7/29/2015)... ... July 29, 2015 , ... TransFlip is an all new dynamic transition pack ... for FCPX, these transitions are easy to apply and modify for any skill-level user. ... over 60 preset styles, kinetic flipping panel animations are just a few clicks away. ...
(Date:7/29/2015)... ... 29, 2015 , ... Zofran lawsuits around the nation are ... (JPML), according to court documents.* Attorneys handling Zofran lawsuits provide timely ... Lawsuit Center. , GlaxoSmithKline, the global pharmaceutical conglomerate and defendant in national Zofran ...
(Date:7/29/2015)... ... July 29, 2015 , ... The New Foundation ... which will by the end will cost the 501(c) organization nearly $1 million, will ... anti-ligature requirements. , “We took it down to the studs,” said Geraldine Leary, ...
Breaking Medicine News(10 mins):Health News:New Medical Director Readies To Take Reins at Monarch Landing 2Health News:New Medical Director Readies To Take Reins at Monarch Landing 3Health News:Stealth Therapeutics Inc. Enrolls First Patients in a Clinical Performance Study for the Invisiport Product Line 2Health News:Stealth Therapeutics Inc. Enrolls First Patients in a Clinical Performance Study for the Invisiport Product Line 3Health News:Pixel Film Studios Releases FCPX Transition TransFlip for FCPX 2Health News:Zofran Lawsuit News: Zofran Lawsuits Stayed, Awaiting MDL Decision 2Health News:Zofran Lawsuit News: Zofran Lawsuits Stayed, Awaiting MDL Decision 3Health News:Zofran Lawsuit News: Zofran Lawsuits Stayed, Awaiting MDL Decision 4Health News:The New Foundation AZ Renovates Residential Dorms for Youth in Crisis 2Health News:The New Foundation AZ Renovates Residential Dorms for Youth in Crisis 3
... American Healthcare,Corporation (Nasdaq: UAHC ), which owns ... care organization in,Tennessee, today announced financial results for ... Revenues increased five percent to $6.5 million for ... with revenues of $6.2 million for,the first quarter ...
... HILL, N.C., Nov. 4 As biopharmaceutical,companies ... development,opportunities, fixed-dose combination (FDC) products have become ... an effort to better,understand the development strategies ... study was conducted by Best Practices, LLC, ...
... program, HOUSTON, Nov. 4 Carriage Services, Inc.,(NYSE: CSV ) today announced results for the third quarter ... were as follows:, Third Quarter Selected Financial Results (amounts in millions, except per share amounts), ... Q3 ... ...
... brains mature earlier, study says , , TUESDAY, Nov. 4 (HealthDay ... have better control of their movements than boys with the ... published in the Nov. 4 issue of Neurology , ... children without the disorder did twice as well as boys ...
... produces noticeable results, study says , , TUESDAY, Nov. 4 ... or prescription painkillers are less likely to continue using ... combination of detoxification medications, rather than short-term drug therapy, ... have been shown to be effective in treating opioid ...
... decades, study shows , , TUESDAY, Nov. 4 (HealthDay News) -- ... improved significantly over the past three decades, but the first ... study shows. , The study looked at the experiences of ... heart attacks between 1979 and 2005. , "There were two ...
Cached Medicine News:Health News:United American Healthcare Corporation Announces Fiscal 2009 First Quarter Results 2Health News:United American Healthcare Corporation Announces Fiscal 2009 First Quarter Results 3Health News:United American Healthcare Corporation Announces Fiscal 2009 First Quarter Results 4Health News:United American Healthcare Corporation Announces Fiscal 2009 First Quarter Results 5Health News:United American Healthcare Corporation Announces Fiscal 2009 First Quarter Results 6Health News:New Study Provides Benchmarks for Fixed-Dose Combination (FDC) Drug Development 2Health News:Carriage Services Announces Third Quarter 2008 Results 2Health News:Carriage Services Announces Third Quarter 2008 Results 3Health News:Carriage Services Announces Third Quarter 2008 Results 4Health News:Carriage Services Announces Third Quarter 2008 Results 5Health News:Carriage Services Announces Third Quarter 2008 Results 6Health News:Carriage Services Announces Third Quarter 2008 Results 7Health News:Carriage Services Announces Third Quarter 2008 Results 8Health News:Carriage Services Announces Third Quarter 2008 Results 9Health News:Carriage Services Announces Third Quarter 2008 Results 10Health News:Carriage Services Announces Third Quarter 2008 Results 11Health News:Carriage Services Announces Third Quarter 2008 Results 12Health News:Extended Therapy Helps Drug-Addicted Teens 2Health News:Extended Therapy Helps Drug-Addicted Teens 3Health News:Sudden Death Risk Highest 30 Days After Heart Attack 2
Single side double clamp knife holder for the Vibratome 8000...
... The Starter Package is a solid ... The package includes the Vibratome Plus, ... v-block adapter, specimen mounts w/1/2" head, ... ease in all of your sectioning ...
... Package is the ultimate solution ... includes the Vibratome 3000 Deluxe ... package accessory kit, additional mounting ... 1/2" head, rotating stage, and ...
... is the best way to ... package includes the Vibratome 1500, ... blocks, v-block adapter, specimen mounts ... blade for the ultimate in ...
Medicine Products: