IMD Companies, Inc. Eyes Several Acquisition targets in Fast Emerging Medical Marijuana Sector

IMD Companies, Inc. Eyes Several Acquisition targets in Fast Emerging Medical Marijuana Sector

PR Newswire

TAMPA, FL, Dec. 19, 2013 /PRNewswire/ – IMD Companies, Inc. (OTC: ICBU) Board
of Directors is pleased to announce plans to position the Company as a
player in the fast-growing Medical Marijuana sector. IMD has been in
negotiations with several potential acquisition candidates in this
industry for several months.

IMD Companies President and CEO Bruce Collett stated, “We see a
potential for accelerated growth in the expanding medical marijuana
industry. Our Board of Directors has taken a broader view of trends in
the health and wellness sector and, as a result, we have developed a
strategic plan we believe will positively impact our business and our
shareholders. The Company looks to make major announcements in the near
term once these acquisitions have been finalized.”

Cannabis has proven effective in treating various neurological diseases
such as MS, ALS, Parkinson’s, hypertension, and different forms of
cancer in various third party laboratory studies. The medical marijuana
industry was valued at $1.3 billion in 2011. Recent industry market
projections have escalated to nearly $9 billion by 2016 as more states
consider legalizing marijuana for medicinal purposes, or
decriminalizing the use altogether.

ABOUT IMD Companies, Inc.

IMD Companies, Inc., (OTC MARKETS:ICBU) is a Florida corporation,
engaged in the medical diagnostics and health and fitness
industries. The company is currently positioned to be a holding company
for major acquisitions in the medical industry. Its primary products
and services lie in the health and fitness nutraceutical and medical
diagnostics services markets. The company has also expanded into the
weight-loss industry. The company delivers its medical diagnostic
services on-site at participating medical clinics and physician
offices. The nutraceutical supplements, pills, bar and gels will be
marketed and distributed through participating clinics and on-line web
marketing retail methods. The company will continue to develop its
innovative marketing strategies, including the use of social networking
vehicles.

Safe Harbor Statement:

Certain statements made in this press release constitute forward-looking
statements that are based on management’s expectations, estimates,
projections and assumptions. Words such as “expects,” “anticipates,”
“plans,” “believes,” “scheduled,” “estimates” and variations of these
words and similar expressions are intended to identify forward-looking
statements. Forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995, as amended. These statements are not guarantees of future
performance and involve certain risks and uncertainties, which are
difficult to predict. Therefore, actual future results and trends may
differ materially from what is forecast in forward-looking statements
due to a variety of factors. All forward-looking statements speak only
as of the date of this press release and the company does not undertake
any obligation to update or publicly release any revisions to
forward-looking statements to reflect events, circumstances or changes
in expectations after the date of this press release.

www.imdcompanies.com

SOURCE IMD Companies Inc

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