SOURCE: Garb Oil & Power Corporation

Garb Oil & Power Corporation

April 14, 2014 08:45 ET

Garb Oil & Power Corporation Announces a New Corporate Division to Serve the Medical Marijuana Industry

LARGO, FL--(Marketwired - Apr 14, 2014) - Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) -- The Company is announcing the creation of a new corporate division relating specifically to the Medical Marijuana Industry. Since 1996 twenty states and DC have passed laws legalizing Medical Marijuana and the list is growing. Currently, 13 additional states have similar legislation pending. Garb Management is now in open discussions to explore all possible revenues streams within this industry.

Tammy Taylor, company Chief Executive Officer and President stated "Back in February we announced that Garb had committed to take an active role in the development of human resource guidelines, especially in the manufacturing industry, so that if the State of Florida voters in November pass legislation for the use of Medical Marijuana we are well prepared. Since that time, we have discovered several products that Garb may produce for the Medical Marijuana Industry that also fit into Garb's Business Model. In light of these developments, Garb has created a new corporate division for the development, manufacturing and saleof products that specifically relate to the Medical Marijuana Industry. We will announce our continual progress during the coming weeks and months."

About Garb Oil & Power Corporation
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) has a long company history in the fast growing industry of waste recycling and specifically related to waste-to-energy. Garb is organized to utilize both next-generation machines and new technologies, including those contributed to the Company by the Burda Families, to vertically integrate into the waste refinement, recycling and energy industries. The Company's emphasis is for its own plants to produce profitable new and "green" solutions for waste-to-energy, alternate energy sources, gas drilling, fuel enhancements, improving energy usage efficiency and utilizing recycled material in producing both useful and desirable products.

Cautionary Note Regarding Forward-Looking Statements: This press release contains forward-looking statements. These statements are based on current expectations and assumptions regarding future events and business performance and involve known and unknown risks, uncertainties and other factors that may cause industry trends or actual Company results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. Although the Company believes that expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. All who read this press release should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release.

Contact Information

  • Investor Relations Contacts:
    Garb Oil & Power Corporation
    Telephone: 888-573-6622, Ext. 1

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