TEMECULA, CA--(Marketwired - Mar 19, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) today is announcing that USAcig, a wholly owned subsidiary of Hop-on, is shipping market ready hardware for its industrial hemp-based cannabidiol (CBD) oil for distribution in the State of Colorado.
USAcig has completed development and testing, and entered mass production of electronic cigarettes containing cannabis oil byproducts for distribution and sale. USAcig has a range of products including disposable electronic cigarettes and re-usable stainless steel hardware that produce enough heat to burn cannabis oils for proper delivery.
USAcig's cannabis oils are created using hand-picked batches of select herbals that undergo a state-of-the-art supercritical fluid extraction process. This environmentally friendly process allows a pure botanical oil extract to be obtained, alleviating the possibility of contamination with volatile solvents such as butane or ethanol that can occur in other extraction methods. Once extracted, laboratory testing is performed to monitor for impurities or adulterants, and to test for potency of the key active components prior to preparation and packaging of the final product.
CBD oil can and is currently used in a variety of products, including dietary supplements, personal care, lifestyle, and anti-aging products just to name a few. Hop-on expects its CBD oil to be utilized by a number of e-cigarette businesses who have inquired about the Company's CBD oil, for use in those companies' e-cigarettes that may contain hemp oil.
Peter Michaels, President of Hop-on and its subsidiaries, stated, "With our new hardware that is specially designed to burn cannabis oils at high heat, we are well positioned for the booming Colorado cannabis market that has been demanding new products in this space."
Twenty states and the District of Columbia have enacted laws that allow the use of marijuana for medicinal purposes with a doctor's recommendation. Colorado and Washington have also legalized recreational use of marijuana. Marijuana is still illegal under federal law, but the US Justice Department has said it will not challenge states' marijuana laws as long as they do not run counter to certain federal enforcement priorities, such as restricting sales to minors.
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. Hop-on is also diversified in delivering cannabis remedies. For more information, please visit www.hop-on.com, www.usacig.com and www.re-medical.com
This press release contains forward looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. Hop-on, Inc. common stock currently trades on the over-the-counter "Pink Sheets" under the symbol HPNN. This press release in no way constitutes any recommendation regarding the securities of HPNN or its affiliates. Any person reading this press release is advised that this release should be considered in the light of all facts and circumstances regarding the business and financial condition and prospects of HPNN, and no inference has been made that this release contains all such information.