SOURCE: Altitude Organic Corporation

Altitude Organic Corporation

April 05, 2011 08:15 ET

Altitude Organic Corporation Signs Letters of Intent With 3 Prospective Arizona Marijuana Dispensary Applicants in One Weekend

According to See Change Strategies, the US Market for Medical Marijuana Is Currently Worth $1.7 Billion in 2011 and Projected to Reach $8.9 billion in 5 Years

PHOENIX, AZ--(Marketwire - April 5, 2011) - Altitude Organic Corporation (PINKSHEETS: AMNG), a national, publicly-traded medical marijuana company, announced the company has signed up three potential dispensary owners in Arizona wishing to open their own Altitude Organic Medicine dispensaries. Since the Company's ad campaign dropped its first statewide advertising in Phoenix New Times last week, numerous other leads and respondents have contacted the company seeking more information about our management company system and expansion opportunities in Arizona. The company executed three Letters of Intent and has already begun generating consulting revenue during the Arizona state application process. Upon state and local approval of these applications, Altitude Organic Corporation will staff, consult, conduct joint marketing campaigns, provide unified processes, branding, concepts, and production guidance to all of its store owners around the state.

President Brian Cook stated, "We just wrapped up our sponsorship of the High Times Medical Cannabis Cup in Denver Sunday night where we received nine additional requests for Arizona management company services. Our expansion model is designed to provide medical patients, business owners, and the state of Arizona a unified set of retail and production compliance standards that will lead to better care, better consistency, increased quality, and legal compliance second to none. Our management system incorporates all the lessons learned and first hand experiences we have gained from operating dispensaries in Colorado and California. It only makes sense to network several independently owned dispensaries in Arizona to create the industry's first unified, retail and production business model. We are seeking to build a working alliance between Altitude Organic Medicine business owners and the state of Arizona that will greatly benefit all the communities where stores are open."

ABOUT ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation (www.altitudeorganix.com) provides independently owned retail dispensaries in Colorado, California, and Arizona business support services, while also acting as a one-stop-shop for entrepreneurs looking to enter the multi-billion dollar burgeoning industry of legal cannabis. Altitude Organic Corporation has launched its new management company strategy in Arizona. The company can manage, staff, consult, and provide uniquely branded products and concepts to medical marijuana dispensaries using a limited liability agreement. The company recently launched Doctor MMJ (www.doctormmj.com) -- a medical marijuana doctor referral service. Visit www.altitudeorganicmedicine.com or www.altitudeorganix.com today.

NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

(http://medicalmarijuanamarkets.com/see-change-strategy-in-the-news/)

Contact Information

  • Company and Contact:

    Mr. Brian Cook
    Altitude Organic Corporation
    14220 N. Northsight Blvd., Suite 139
    Scottsdale, Arizona 85260
    P - 480-443-1600
    F - 424-288-5523
    info@altitudeorganicmedicine.com