Upper Street Marketing Inc. Announces Hemp and CBD Extracts Manufacturing Agreement

February 21, 2019 9:15 AM EST | Source: Upper Street Marketing Inc.

Scottsdale, Arizona--(Newsfile Corp. - February 21, 2019) - Upper Street Marketing Inc., (OTC Pink: UPPR) and its wholly owned subsidiary, Growing Springs Holdings Corporation are announcing an expansion of their collaborative agreement previously announced on January 22, 2019 with PrimaPharma, Inc., (www.Primapharma.net) of San Diego, California (PPI), an FDA registered, cGMP manufacturer of drugs, has agreed to establish a contract to support Upper Street Marketing Inc. and its wholly owned subsidiary, Growing Springs Holdings, Corporation (GSHC) efforts to develop fully cGMP CBD oils and isolate for commercial applications as well as research and clinical studies.

Additionally, as of February 18, 2019, PrimaPharma, Inc., has agreed to process and manufacture various industrial hemp CBD isolate and CBD distillate products for UPPR and its wholly owned subsidiary, Growing Springs Holdings Corporation at the PrimaPharma, Inc., San Diego, California location. These products include, but are not limited to, a variety of wholesale food supplement and pet supply providers seeking wholesale cGMP pharmaceutical quality products at favorable pricing.

"This agreement with PrimaPharma, Inc., will expand the manufacturing capabilities of UPPR for commercial CBD products and further addresses the need for cGMP manufacturing and production standards needed for anticipated clinical studies by drug sponsors planning to file an IND (Investigational New Drug) application with the FDA to conduct clinical trials which will be required for the sponsor to make claims," Joseph Earle, Upper Street President and CEO.

Upper Street Marketing Inc., (OTC Pink: UPPR) is a public Oklahoma Corporation that specializes in acquisition, finance and management of hemp cultivation, extraction and CBD manufacturing in Colorado and other US States. UPPR is uniquely serving its target markets with cGMP grade cultivation and manufacturing standards. The rapidly expanding hemp, CBD and cannabis markets in the North American and world markets is a perfect opportunity for UPPR and Growing Springs Holdings Corporation.

UPPR and Growing Springs Holdings Corporation are ideally positioned to capitalize on recent regulatory changes that dramatically enhance opportunities in hemp production and CBD extraction as well as FDA concerns regarding use of CBD's in the marketplace.

Growing Springs Holdings Corporation website is www.growingspringsholdings.com.

Contact Upper Street Marketing Inc.:
Phone: (844) 535-UPPR (8777)
Email: investorrelations@upperstreetmarketing.com

Cautionary Language Concerning Forward-Looking Statements

Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate", "believe", "estimate", "expect", "intend", and similar expressions, as they relate to the Company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about the Company's business, based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors. Such statements could be affected by risks and uncertainties related to: (i) our ability to execute the Company's business plans with the uncertainty of agricultural crops (ii) product demand, market, and customer acceptance of the Company's products, (iii) the Company's ability to obtain financing to expand our operations, (iv) the Company's ability to attract qualified sales representatives, (v) competition, pricing and development difficulties, (vi) the Company's ability to conduct the business if there are changes in laws, regulations, or government policies related to the Company's products, (vii) the Company's ability to conduct operations if it faces product recalls, and (viii) general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/42950

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