SOURCE: Healthnostics, Inc.

Healthnostics, Inc.

February 17, 2016 08:00 ET

Healthnostics, Inc., Completes Second Cannabis Industry Related Acquisition

Maps2Weed to Be Operated in Conjunction With BakedTV

WASHINGTON, DC--(Marketwired - Feb 17, 2016) - Healthnostics, Inc. (OTC PINK: HNSS) is pleased to announce the acquisition of, the second acquisition of the Company's previously announced Cannabis Industry Growth Strategy. and its related intellectual property includes an extensive database of Cannabis businesses and resources throughout the United States (where legalized) designed to address both the medical and consumer sectors. 

The Company plans to redevelop, commercialize and expand the site's information offering in conjunction with BakedTV, its specialized related media company developing original content for Cannabis Industry enthusiasts. Projects under review for include expanding its database and directory, creating an Internet TV Channel participating with BakedTV, adding new product offerings and developing an advertising framework to boost revenues.

As previously relayed in prior announcements, the cannabis market, which according to a report published by The ArcView Group, a cannabis industry investment and research firm, the totality of the legal marijuana market could have an overall worth of $11 billion annually by 2019. By contrast, sales in 2015 were estimated at $3.5 billion.

This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

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