Rising India Inc. Signs Letter of Intent with Rising BioSciences, Inc. for Reverse Merger; Entering the Multi-Billion Dollar Legalized Cannabis Markets

NEW YORK, NY RSII, (Marketwired Feb 23, 2017) Rising India Inc. (OTC: RSII) is pleased to announce that it has executed a Letter of Intent with Rising BioSciences, Inc. ( RBI ) for a reverse merger in which the capital stockholders of RBI will acquire control of Rising India toward immediate execution of a business model with a focus in alternative medical and cannabis pharmaceutical markets. Rising India CEO, Jim DiPrima has agreed to resign as an officer with the
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