SOURCE: ML Capital Group Inc.

June 11, 2014 07:55 ET

ML Capital Group, Inc. Announces the Appointment of Medical Marijuana Industry Executive, Mark Steinmetz, to Its Advisory Board

FOUNTAIN HILLS, AZ--(Marketwired - Jun 11, 2014) - ML Capital Group, Inc. (OTCQB: MLCG) (OTCBB: MLCG) is excited to announce the addition of a new member to its advisory board -- Mr. Mark Steinmetz.

Mr. Steinmetz was added to the Company's Advisory Board as the current owner of two licensed dispensaries in Arizona -- Nature's Medicine in central Phoenix and in Fountain Hills. Mr. Steinmetz has an esteemed career of holding executive leadership positions and being responsible for growing companies. In 1996 -- Mark was tapped by ABC Radio/Disney as their Radio Stations Group President, responsible for 700 employees and $150 million in revenue. During his years at ABC Radio/Disney -- he was responsible for conceptualizing and developing ESPN Radio and the Radio Disney brand, and personally orchestrated the acquisition and launch of the very first flagship Radio Disney stations in Atlanta and Minneapolis. Radio stations in Chicago and Pittsburgh soon followed along with many others nationwide. Mark moved to Arizona in 2003 to oversee and manage all of the Phoenix CBS Radio Station Group, where he served for three years and established new records for revenue and profitability.

Mr. Mark Steinmetz, commented, "I've known of ML Capital Group and have watched them for some time now. Having seen their ability to bring a product to market from the concept phase in such a short time, in addition to understanding their passion to help people was a great combination to see and a group I wanted to be a part of. As an owner of two Arizona dispensaries that were built with the mission to help and serve patients that desperately need this alternative medicine, joining ML Capital's advisory board is a great opportunity."

Mark has always been deeply involved in the community and strived to make a contribution to organizations that can provide a positive impact on people's lives. Having raised a record $1.2 million for the Phoenix Children's hospital in 2005 that still stands today, to having served on the boards of the Men's Anti-Violence network (MAN), and the Board of Directors of the Radio Advertising Bureau for ten years -- Mark saw an incredible opportunity to make a deep impact with the emerging medical marijuana industry. In August 2012, he was awarded two dispensaries (Fountain Hills and Central Phoenix), which were opened in July of 2013, and is proud to play a credible role in pioneering the MMJ dispensary industry for the benefit of Arizona registered patients who truly need this medicine, and the proliferation of the industry on a national scale.

"Having Mark come onto our advisory board is a real honor for us, particularly as an industry veteran whose been directly involved in medical marijuana since before Arizona started issuing licenses for dispensaries. His vast knowledge, experience and connections in our market, as well as his excellent background as a business leader and his compassion for patients of medical marijuana are very much appreciated and welcomed at the Company," stated Mrs. Lisa Nelson, the Company's President and CEO.

About ML Capital Group, Inc.:

ML Capital Group, Inc.'s primary business consists of producing products and providing services that support the medical marijuana industry and enhances the lives of the patients that have turned to medical marijuana/cannabis to manage their various ailments. The Company is currently producing and marketing its products and services under the SuperStar brand name, including vapor pens, mobile applications, and books. The focus of the Company to sell products and services that does not include the growing, manufacture, or distribution of medical marijuana, cannabis, or cannabis by-products places it as one of the safest types of companies in the medical marijuana industry.

ML Capital Group's stock is traded on the OTC Bulletin Board and OTC Markets where it is listed in the QB marketplace as a current reporting company. You can access the Company's stock quote directly from OTC Markets at To find out more information on the Company, visit its website at

Safe Harbor Statement:

This update includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. 

Contact Information

  • Investor Relations Contact:

    Lisa Nelson
    ML Capital Group Inc.
    (480) 816-5308