LAGUNA HILLS, CA--(Marketwired - Apr 24, 2014) - Itonis, Inc. (PINKSHEETS: ITNS) today unveiled its preliminary packaging design for its cannabinoid-based product that had been code named Project "Cloud9." For an available image of the packaging design, please use this link: http://itonisholdings.com/wp-content/uploads/2014/04/Itonis_Cloud9_Package_IMG_2200-800x801.jpg.
The Project Cloud9 product is undergoing its testing phase with Valley Organics, Inc.
The Company anticipates that Valley Organics, Inc. will be the first dispensary outlet to make the Project Cloud9 product available to medical marijuana patients and recreational consumers where such uses are legalized by the respective state.
Meanwhile, the Company is establishing joint ventures with two more dispensaries.
About Itonis, Inc.
Itonis, Inc. was incorporated in the state of Nevada on July 5, 2005 under the name of Kenshou, Inc., which later changed to Itonis, Inc. on December 2, 2005. Please visit www.itonisholdings.com.
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's affiliates that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.