Monday, December 22, 2014

Nhale (NHLE) Expands Acquisition Effort Toward $10 Billion Medical Marijuana Market


HOUSTON, TX (Marketwired December 22, 2014) - Nhale Inc. (OTCQB: NHLE) today announces it is expanding its acquisition efforts toward the swelling medical marijuana space following the execution of a term sheet for $10 million in debt financing with Four Twenty Investments, Inc., a Toronto-based private investment group. The medical marijuana sector has experienced a surge in industry revenue thanks to favorable legislation toward growing and distributing cannabis for medical purposes. Furthermore, consumer trends in favor of legitimizing the use of alternative medical treatments have boosted the demand for these products. Expected to top $2.3 billion this year, the U.S. market for medical cannabis is projected to exceed $10 billion by 2018, according to ArcView. As a highly regulated industry where licenses are constantly on the line, brands must establish strong protocols and skills. Nhale is poised to leverage its talent, resources and leadership to become a premier mover in
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