PPJ Healthcare Enterprises Inc (OTCMKTS:PPJE) has designed a new plan in the manufacturing and distributing of marijuana edibles on a great scale since California is now sanctioned for recreational marijuana while Florida has been accepted for medical marijuana.
The management view
Chandana Basu, the CEO of PPJ Healthcare, reported that since California has legalized recreational use of marijuana and PPJ Healthcare being the only public firm registered in the State, they feel they have huge benefit from the new change. They have assessed and learned to prepare edibles like cookies, mayonnaise, honey, ketchup, cupcakes, and several other food products using marijuana. They will now give full attention in developing the firm’s plans to expand their business and coordinate with associates to deliver the premium food items using marijuana.
Maine, Nevada, California and Massachusetts now have it legalized for adults over 21 years to smoke marijuana. These states and Oregon, Washington, the District of Columbia, Alaska and Colorado are stimulating the federal government which categorizes pot as a Schedule I drug, not currently approved for medical application and a high prospect for abuse. Now, over 20% of U.S. residents reside in states where marijuana application is approved. A recent Gallup survey indicated countrywide support for legalization of marijuana at 60%.
PPJ Healthcare management advises company followers, shareholders and prospective investors to reach their financial advisors in case of any concerns or questions on their investment choices and individual accounts.
Earlier to this update, the company has reported about the closure of a billing deal with a pain management provider firm in California. Medical billing is company’s specialty, and it has surpassed in billing each and every specialty of medication for more than 25 years. That the company is the best in the segment of billing has been validated by nearly almost all physician clients over the years. The preliminary term of this deal is 2 years and the projected revenue for the term is $200,000 – $300,000.
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