New York, NY -- (SBWIRE) -- 01/18/2013 -- Zippy Bags Inc. (OTC:ZPPB) recently announced a 2 for 1 in-kind stock offering for those shareholders that own Zippy Bag, Inc. stock. The number of outstanding shares of 180,000,000 has been corrected to 270,000,000. To reward both new and old shareholders, the Company is offering a 2 for 1 in-kind stock dividend for those shareholders owning Zippy Bags, Inc. stock as of the record date. "This dividend distribution with our liquid trading stock gives us the ability to use company stock as tender for future acquisitions and expansion without diluting our shareholder base," added Somsen. Zippy Bags, Inc. (Zippy) is a development-stage company.
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Medical Marijuana Inc. (PINK:MJNA) released news that its portfolio company Red Dice Holdings is currently re-launching their hemp oil well brand as Dixie Botanicals. Tripp Keber, the Chief Executive Officer CEO commented, “We are excited to launch the re-brand of our Dixie X line as Dixie Botanicals Hemp Oil Wellness Products. The feedback from our thousands of customers has been very favorable and we look forward to educating the public about the naturally occurring CBD constituents in hemp and their ability to promote overall wellness.” Medical Marijuana Inc. is a publicly traded holding company which invests, develops and owns subsidiaries engaged in a number of diversified international businesses within the Medical Cannabis and Industrial Hemp Industries.
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