Posted on

Wuhan General Group Secures Lab for Hemp and Mycelium Eco-Friendly Research & Development

CAPE TOWN, SA / ACCESSWIRE / May 5, 2021 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to announce the following update:

The hemp and mycelium eco-friendly R&D division of M2Bio Sciences, has secured a laboratory facility near its Woodstock office in Cape Town, South Africa. This will enable the company to continue at greater scale the development of local, 100% bio-based, bio-sourced and biodegradable packaging solutions to replace single-use petroleum-based plastics.

The team of ambitious engineers and environmental scientists are developing and testing bio-based plastics from films to foams, including composites. They are using three-dimensional design and forming with hemp-infused PLA to create unique product molds for growing mycelium foam substitutes. The research will now be conducted in a dedicated eco-friendly lab, with a mission to achieve a zero-carbon footprint.

“Everyone is talking about the ‘60 000 uses of hemp’ and the new mushroom economy – but not many are taking concrete steps to actually develop working products. Our laboratory is equipped with cutting-edge state of the art 3D printing hardware and software enabling our team to become leaders in the field of new alternative bio-materials” said Willem Jonker, COO of the M2Bio cannabis division.

The pilot project underway is a hemp and mycelium-based surfboard, the M2Bioboard, that’s 100% plant-based and biodegradable. The research is being led by engineer Luke Colvin, a competitive world-class surfer. Born in Durban and having travelled much of the Southern African coastline, from Namibia to Mozambique in search of the perfect wave, now on a quest for nature’s favorite surfboard.

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™, Liviana™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:

Publicly traded company (OTC Pink: WUHN)
Website: www.m2bio.co
E-mail:info@m2bio.co

Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./M2Bio Sciences, Inc.

View source version on accesswire.com:
https://www.accesswire.com/644716/Wuhan-General-Group-Secures-Lab-for-Hemp-and-Mycelium-Eco-Friendly-Research-Development

Posted on

Wuhan General Group Recruiting in Lesotho for its Medicinal Cannabis Cultivation Facility

CAPE TOWN, SA / ACCESSWIRE / April 20, 2021 / WUHAN GENERAL GROUP, INC. (WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to announce on the occasion of ‘420 Day’ or ‘Weed Day’ that the company, through its local subsidiary, Tsime Pharmaceuticals and Medicinal Supplies, has started recruiting its team for the rollout of a world class medicinal cannabis cultivation facility. The first employee has already been appointed, and an experienced team of master growers engaged.

Willem Jonker, Chief Operating Officer of the cannabis division of Wuhan, commented “Lesotho was recently in the news when a local company obtained EU GMP accreditation. This confirms our belief that Lesotho is the correct location for our cultivation operations. The Lesotho government recently also approved psilocybin research, opening up further possibilities for our group in that country.”

While the recruitment continues, the company is simultaneously finalizing details for Phase 1 of the property buildout and plans to share the timeline and deliverables very soon.

“Weed Day’ or ‘420′ generally has the connotation of people smoking cannabis for recreational purposes. The day was popularized by the people categorized as ‘stoners’ due to a lack of acceptability of cannabis in people’s lives given it’s illegal status. However, people are changing and so are the laws. We as societies have grown to accept cannabis a lot more and companies such as ours are propagating the use of this God-given plant for medicinal and prescription purposes in order to positively affect the health of countless people in the world. Weed Day should no longer be celebrated or recognized only by ‘stoners’, but also by everyone who believes in the science behind plant-based and natural medicine. This is a step we all must take to rebrand the image of cannabis in people’s minds and create positive awareness.” said Jeff Robinson, CEO of Wuhan General Group.

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™, Liviana™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:

Publicly traded company (OTC Pink:WUHN)
Website: www.m2bio.co
E-mail: info@m2bio.co
Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./M2Bio Sciences, Inc

View source version on accesswire.com:
https://www.accesswire.com/641330/Wuhan-General-Group-Recruiting-in-Lesotho-for-its-Medicinal-Cannabis-Cultivation-Facility

Posted on

Medspresso(TM) Partners with CNC Products for Online Listing and CSR Activities

CAPE TOWN, SA / ACCESSWIRE / April 14, 2021 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to share the following update:

The company is pleased to announce its brand Medspresso™ has partnered with CNC, the preferred food supplier to top chefs, restaurants, and home cooks all across South Africa. CNC’s values of dignity, love and respect for everyone is evident through their admirable Corporate Social Responsibility (CSR) efforts via ‘Souper Troopers’. With their project, The Humanity Hub, they address the holistic needs of human beings, starting with the most basic needs including clothes, food and toiletries and then working through a full range of services such as counselling, skills training, medical referrals, family mediation, job preparation, creative workshops, and micro entrepreneurial opportunities.

CNC now carries the Medspresso™ range alongside its other gourmet products on their e-commerce platform. The new partners are an established and trusted name in food distribution and are built on exceptional customer service and quality products.

Charlene Shapiro, Founder & CEO of CNC said, “It is such a pleasure to form this partnership with a company such as M2Bio Sciences, who value both giving back to communities as well as providing customers with exceptional quality products as much as we do. The Medspresso™ products are fantastic and we are sure that our customers will enjoy them as much as we do. We are glad to have another team to support us in our Souper Troopers mission, together our impact will be immense.”

“The fact that Charlene, Kerry and the team at CNC understand business is not only about making money but also about acting responsibly towards the environment and people who inhabit it made this partnership a no-brainer. We are super excited to begin several CSR activities with them as we, as a company, truly believe in uplifting other people along our journey of growing our Medspresso™ brand.” said Jeff Robinson Wuhan General CEO.

About Wuhan General Group, Inc./ M2Bio Sciences, Inc.

Wuhan General Group, Inc. through its wholly owned subsidiary MJ MedTech is a nutraceutical biotechnology company that researches, develops and commercializes a range of CBD-based products under Dr. AnnaRx™, Medspresso™, Liviana™ and Handcrafted Delights™ brands. In addition, its wholly owned division, M2Bio is researching and developing indications for psilocybin new therapies that will help patients who suffer from addiction, mental illness, Alzheimer’s and Parkinson’s. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. Wuhan is listed and traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:

Publicly traded company (OTC PINK:WUHN)
Website: www.m2bio.co
E-mail: info@m2bio.co

Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

About CNC

Kerry Hoffman – Marketing and CSI Co-Ordinator
kerry@cncproducts.co.za

Charlene Shapiro – Founder & CEO
Charlene@cncproducts.co.za

https://cncproducts.co.za/collections/nespresso-capsules

SOURCE: Wuhan General Group, Inc./ M2Bio Sciences, Inc.

View source version on accesswire.com:
https://www.accesswire.com/640381/MedspressoTM-Partners-with-CNC-Products-for-Online-Listing-and-CSR-Activities

Posted on

Wuhan General Group Introduces Liviana(TM) CBD Infused Artisanal Olive Oil

CAPE TOWN, SA / ACCESSWIRE / April 9, 2021 / WUHAN GENERAL GROUP, INC. (OTC:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to share the following update regarding its latest brand offering:

We are thrilled to introduce our upcoming brand LivianaTM which is set to launch in May 2021. The LivianaTM brand will kick off its product line with a range of three spectacular CBD infused olive oils:

  • The Estate Extra Virgin Olive Oil (EVOO);
  • The Three Chili-Infused EVOO;
  • The Natural Lemon-Infused EVOO.

These remarkable olive oils will be bottled at source from the Falcon’s Nest Farm owned by Chaloner Estates which is beautifully nestled on the Stellenbosch Mountains slopes, Cape Town, South Africa. The olive oils produced by the Chaloner team have won multiple awards for their exceptional quality. The new LivianaTM formulations have passed the final taste test and will be available in the markets very soon.

“It’s been great fun and educational to work with Jeff and the M2BIO Sciences team in developing the three variants. I had no idea the science behind CBD is so fascinating and compelling. In addition, they care deeply about delivering a premium product to consumers which hugely resonated with Chaloner. We look forward to furthering unique collaborations in the near future. ” said Perry Chaloner, Chaloner Estates Managing Director.

“There is a plethora of great science that shows the enormous benefits for those that follow the Mediterranean Diet versus those that don’t. Olive oil consumption is a big part of the diet. Introducing a CBD infusion into the olive oil gives it a one-two knock-out punch that makes for an exceptionally healthy product. And the flavors? Heaven-sent. ” said Jeff Robinson Wuhan General Group CEO.

LivianaTM olive oils have no added artificial flavorings, colors or MSG and will be produced, bottled and packaged in a sustainable and conscientious manner. The Wuhan and Chaloner teams are united by their dedication to doing their part in helping make the planet a better, safer and cleaner place, one day at a time.

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. through its wholly owned subsidiary MJ MedTech is a nutraceutical biotechnology company that researches, develops and commercializes a range of CBD-based products under Dr. AnnaRx™, Medspresso™, LivianaTM and Handcrafted Delights™ brands. In addition, its wholly owned division, M2Bio is researching and developing indications for psilocybin new therapies that will help patients who suffer from addiction, mental illness, Alzheimer’s and Parkinson’s. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. Wuhan is listed and traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:

Publicly traded company (OTC Pink:WUHN)
Website: www.m2bio.co
E-mail: info@m2bio.co
Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./ M2Bio Sciences, Inc.

View source version on accesswire.com:
https://www.accesswire.com/639683/Wuhan-General-Group-Introduces-LivianaTM-CBD-Infused-Artisanal-Olive-Oil

Posted on

CORRECTION: Wuhan Launches Medspresso CBD Infused Whole Bean Roasted Coffee

This press release replaces the press release disseminated March 23rd, 2021 at 12:15 PM ET. The press release was missing the fifth paragraph. The corrected press release is below:

CAPE TOWN, SA / ACCESSWIRE / March 23, 2021 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to announce today that the Company is launching the MedspressoTM CBD infused whole-bean roasted coffee line. The new line is offered in both whole-bean and ground coffee formats. The CBD infused whole-bean line was made possible through a close collaboration between the MedspressoTM formulations team and Gerald Charles, Managing Director of Rock&Roller Coffee Culture, a specialty coffee solutions shop based in Cape Town.

“We are delighted to share our new product line of CBD-infused whole-bean coffees. Gerald, or “Doctor G” as he is affectionately known has developed an innovative method of infusing the bean with high-grade CBD Oil. We are very fortunate to be partnered up with one of Africa’s leading and multiple award-winning baristas and roasters.” said Jeff Robinson, CEO of Wuhan. The new line will include Medspresso’s Tanzanian Peaberry and Ethiopian & Kenyan Blend varieties, with more variants to come in the near future.

This product expansion enables MedspressoTM to reach a broader audience and market of coffee enthusiasts who do not currently own coffee pod and capsule machines. MedspressoTM is looking forward to further developing and testing additional offerings and to expand its product portfolio and reach many more coffee lovers.

“Working with Jeff and the MedspressoTM team is such a pleasure. They truly care about coffee, science and quality. Our teams gel so well in that we care about delivering nothing but the very best to the consumer. No compromising, no shortcuts, only the finest,“ added Dr. G.

About Rock and Roller Coffee Culture

Rock and Roller is a roastery based in Cape Town, bringing you specialty blends, corporate coffee solutions, contract roasting, equipment rental & purchase, private labeling, and accredited barista training. They are located at Shop 42, 42 Stella Rd, Montague Gardens, Cape Town, 7441, South Africa. Their website is rock and roller coffee, and they can be found on Instagram and Facebook.

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:

Publicly traded company (OTC Pink: WUHN)
Website: www.m2bio.co
E-mail:info@m2bio.co
Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./M2Bio Sciences, Inc.

View source version on accesswire.com:
https://www.accesswire.com/637079/CORRECTION-Wuhan-Launches-Medspresso-CBD-Infused-Whole-Bean-Roasted-Coffee

Posted on

Wuhan Announces Opening Cape Town Office

CAPE TOWN, SA / ACCESSWIRE / March 22, 2021 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to announce today that the Company has signed a lease on a new office in Cape Town’s trendy Woodstock area. The move will take place this week and will enable the company’s divisions, including food sciences, cosmetics, hemp, aromatherapy to work more closely and cohesively under one roof.

“March 20, 2021, the Company committed to a lease for the new Company headquarters. This will no doubt create new opportunities as interaction and networking are key components in any successful business. The new facility is part of our business strategy at this critical period of economic turbulence. Throughout the challenges presented by the COVID-19 lockdown restrictions, the respective divisions continued to thrive and perform efficiently. We could not be more excited about getting our talented teams under one roof and let the magic happen, “ said Jeff Robinson, CEO of Wuhan General Group.

“The entire team is equally excited to be able to further collaborate, and work together in person in an open-concept office. The new headquarters will permit increased team synergies and further strengthen our performance and proficiencies, “ added Dr. Anna Morera Leralta, Wuhan CMO.

The Woodstock area is one of the most preferred creative-space addresses for technology and biotech businesses within Cape Town. It will help increase the company’s ability to recruit more of the area’s best talent.

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:

Publicly traded company (OTC Pink:WUHN)
Website: www.m2bio.co
E-mail: info@m2bio.co
Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./M2Bio Sciences, Inc.

View source version on accesswire.com:
https://www.accesswire.com/636756/Wuhan-Announces-Opening-Cape-Town-Office

Posted on

Medspresso Partners up with Zootly: South Africa’s Leading Cannabis Destination

CAPE TOWN, SA / ACCESSWIRE / February 9, 2021 / WUHAN GENERAL GROUP, INC. (WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to share the following update regarding its MedspressoTm brand focused on creating premium African functional beverages:

This past week MedspressoTm set the seal on its alliance with South African retailer: Zootly. The latter will carry the MedspressoTm product range. Zootly is a Cape Town based online, retail and wholesale distributor of only the highest quality cannabis growing and smoking equipment throughout South Africa.

The new collaboration began when Team Medspresso met Zootly owners, Derek Hewlett and Chris Landman and instantly saw eye-to-eye on their business goals. ” I absolutely love what Derek and Chris are doing with Zootly and their plans for expansion. They’re really passionate guys with amazing energy and are on a great mission. We’re very excited to be working with them,” said Jeff Robinson, CEO of Wuhan General Group.

The excitement was matched by the team at Zootly. “Medspresso has very high-quality and cool products that align beautifully with the brands we sell on our online and offline shops. We completely loved how the Medspresso products tasted and are looking forward to seeing our customers sharing the same belief. Meeting Jeff Robinson and the Medspresso team was enlightening. We look forward to seeing what the future brings! “said Derek Hewlett , founder of Zootly.

About Zootly

Zootly began when Derek and Chris joined forces to start their venture into the budding marijuana industry in 2018. After deciding to go full-steam ahead, they travelled around the world to establish international relationships with the best distributors. Now located on the trendy Kloof Street in Gardens, Cape Town, the Zootly team sells its own bespoke range of products. This includes an amazing range of Zoot products, growing mediums, vapes, CBD products, and so much more. It is your local cannabis aficionado store that delivers from their online shop.

Website: https://zootly.co.za/ E-mail:info@zootly.co.za
Follow on Instagram: https://www.instagram.com/zootly/
Follow on Facebook: https://www.facebook.com/zootlysa/

About Medspresso

Medspresso is an eco-conscious brand that encompasses a range of high-quality premium CBD-infused functional beverages including two blends of coffee, Rooibos tea and a hot chocolate beverage that all come in Nespresso compatible pods. The brand sources in-season coffee beans from exceptional producers around Africa. Beverages on the Medspresso menu must pass multiple rigorous cupping and tasting sessions in order to qualify against our stringent standards to ensure every shot is perfect. Behind Medspresso is a team of experienced and passionate coffee-lovers, with a drive to showcase, educate and inspire people about specialty coffee. It is a community-minded brand that is dedicated to providing its community with an excellent quality product.

Website: https://medspresso.co/ E-mail:info@medspresso.co
Follow on Instagram: https://www.instagram.com/medspresso.official/
Follow on Facebook: https://www.facebook.com/Medspresso

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

Publicly traded company (OTC Pink:WUHN)

Website: www.m2bio.co E-mail:info@m2bio.co
Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./M2Bio Sciences, Inc

View source version on accesswire.com:
https://www.accesswire.com/628688/Medspresso-Partners-up-with-Zootly-South-Africas-Leading-Cannabis-Destination

Posted on

Wuhan General Group Posts FY19 and FY20 Results

CAPE TOWN, SA / ACCESSWIRE / February 1, 2021 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to announce today that the Company has released its financial results for the full year ended December 31, 2019 and 2020 by posting on the OTC Market website. Please visit www.otcmarkets.com to view the financials and disclosure.

Fiscal Year 2020 Highlights Versus Fiscal 2019

  • Net income for the year $409,996 US, compared to $0 US
  • Increase in current assets to $596,549 US from $83,817 US
  • Decrease in liabilities to $89,689 US from $659,145 US

” Despite the Covid19 challenges in 2020, I’m most proud of our team and what we were able to accomplish. We started the year with a plan and almost all the goals set were achieved. We plan to post a legal opinion for the FY19 and FY20 financials shortly which should bring Wuhan back into Pink Current status. On behalf of the Wuhan team, I look forward to delivering an exceptional 2021 for our shareholders. ” said Jeff Robinson, CEO of Wuhan General Group.

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:

Publicly traded company (OTC Pink: WUHN)
Website: www.m2bio.co
E-mail:info@m2bio.co
Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./M2Bio Sciences, Inc.

View source version on accesswire.com:
https://www.accesswire.com/627044/Wuhan-General-Group-Posts-FY19-and-FY20-Results

Posted on

Financier Sheldon Inwentash Joins Wuhan General Group as Strategic Advisor

CAPE TOWN, SA / ACCESSWIRE / January 27, 2021 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to announce today that the Company has entered into an advisory agreement with Sheldon Inwentash.

Sheldon is well-known in the North American capital markets for his investment prowess and strategies, for revolutionizing the resource investment model and for creating very significant shareholder value and returns through early investments. He helps the companies in which he invests by providing counsel and guidance to the C-suite. Sheldon’s investment approach has helped him build a remarkable reputation and track record. Sheldon will utilize his expertise and his industry resources to assist Wuhan’s efforts to develop and grow.

“Thrilled to have Sheldon aboard! His dazzling ability to introduce and connect strategic partners through his vast global network is priceless.” said Jeff Robinson, CEO of Wuhan General Group.

Mr. Inwentash added, ” Jeff has put together a great team to date with a most interesting roadmap. I’m really looking forward to adding value immediately. Wuhan has a very bright future. ”

Mr. Inwentash is the Founder, Chairman and CEO of ThreeD Capital Inc. (IDKFF)(IDK)

About ThreeD Capital Inc.
ThreeD (IDK)(IDKFF), is a publicly?traded Canadian?based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:
Website: https://threedcapital.com
Follow us on Twitter: https://twitter.com/home
Follow us on LinkedIn: https://www.linkedin.com/feed/

Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary: Feldman@threedcap.com
Phone: 416?941?8900 ext 106

About Wuhan General Group, Inc./ M2Bio Sciences, Inc
Wuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:
Publicly traded company (OTC PINK:WUHN)
Website: www.m2bio.co
E-mail: info@m2bio.co
Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:
Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./M2Bio Sciences, Inc

View source version on accesswire.com:
https://www.accesswire.com/626153/Financier-Sheldon-Inwentash-Joins-Wuhan-General-Group-as-Strategic-Advisor

Posted on

Wuhan General Group Closes Acquisition of Tsime Pharmaceuticals (PTY) Limited

CAPE TOWN, SA / ACCESSWIRE / January 14, 2021 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to announce effective today, it has executed and closed the Acquisition (the “Transaction”) of Tsime Pharmaceuticals (Pty) Ltd (“Tsime”). Tsime will become a subsidiary of MJ Medtech Inc.

The Tsime license grants the ability to cultivate, extract and process medicinal cannabis and sell the commodity for medicinal, scientific and any other legal purpose. Located in the Kingdom of Lesotho in Southern Africa, Tsime plans to cultivate up to 3 hectares of medicinal-grade cannabis on the farm with a land area covering 23 hectares (57 acres). With its license, the Company will grow, extract and process medicinal cannabis on-site, a key element in driving research and the manufacturing of cannabidiol (CBD) by-products. The project’s first crop is scheduled for Q4 2021.

Willem Jonker, COO of Wuhan General Group, said: “We are pleased to be moving ahead with our plans for Lesotho despite the pandemic. We have planned the physical roll-out of the cultivation facility which will now start in short order. We are excited to be able to invite the CEO, Jeff Robinson, to the site to inspect the progress. ”

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. (DBA M2BIO Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

For further information:

Publicly traded company (OTC Pink: WUHN)
Website: www.m2bio.co
E-mail:info@m2bio.co
Follow us on Twitter: https://twitter.com/m2bio
Follow us on Facebook: http://www.facebook.com/m2bio

Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./M2Bio Sciences, Inc.

View source version on accesswire.com:
https://www.accesswire.com/624204/Wuhan-General-Group-Closes-Acquisition-of-Tsime-Pharmaceuticals-PTY-Limited