SOURCE: ML Capital Group Inc.

March 18, 2014 08:30 ET

ML Capital Group, Inc. Announces Its Expansion in the Medical Marijuana Industry and Extends Its SuperStar Brand

FOUNTAIN HILLS, AZ--(Marketwired - Mar 18, 2014) - ML Capital Group, Inc. (OTCQB: MLCG) (OTCBB: MLCG) announces its continued expansion in the medical marijuana industry and the extension of its SuperStar brand.

ML Capital Group, Inc. ("MLCG" or the "Company") recently announced the completion of the design and packaging of its initial SuperStar Vapor Pen product line, in addition to the near term completion of its SuperStar MMJ Dispensaries smartphone application, both of which are being commercialized to serve the medical marijuana industry.

Today, the Company is proud to announce that it has completed writing a new medical marijuana recipe book and is going through final editing. The new book, titled "SuperStar MMJ Recipes" will be completed and published by the end of April, 2014. In addition, access to purchase the book will also be integrated into the SuperStar smartphone application which is also expected to be commercially launched in April. Mrs. Lisa Nelson, the Company's President and CEO, stated, "Developing a first class recipe book that caters to the MMJ industry is a great way for us to expand our products and is a natural progression that fits well with our business strategy and the extension of our SuperStar brand. ML Capital Group will continue on its quest to become a nationally recognized company, as well as uphold its status as a safe play in the medical marijuana industry by not touching, producing, or distributing medical marijuana and keep our focus as a product and services based company."

In other industry news, CNN's chief medical correspondent, Dr. Sanjay Gupta, has put his full support on medical marijuana in a recent interview regarding the broadcast of "Weed 2". Dr. Gupta was cited as saying, "I am more convinced than ever that it is irresponsible to not provide the best [medical] care we can, care that often may involve marijuana. I am not backing down on medical marijuana; I am doubling down." The Company believes this clearly demonstrates that there are enormous benefits in using medical marijuana, and is a highly valuable alternative to pharmaceutical drugs that are either too expensive or not as effective, and shows that this is an industry that is still in its early stages with considerable room for growth. "Having such an internationally acclaimed figure such as Dr. Gupta go on record on national TV and make such an endorsement for our industry is absolutely amazing," stated Mrs. Lisa Nelson, the Company's President and CEO.

About ML Capital Group, Inc.:

ML Capital Group, Inc.'s primary business consists of providing management, financial and strategic consulting services designed to advance and improve an organization's ability to conduct its business more effectively and to foster sales growth, with a principal focus on assisting companies in the green technology industry as well as produces, markets and sells its own branded products that are specifically focused on the medical marijuana, or "green medicine", industry.

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

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
    President & CEO
    ML Capital Group, Inc.
    Phone: 480-816-5308
    Email: lisa@mlcapitalgroupinc.com