Compassionate Therapeutic Solutions, LLC Rides the Booming Medical Marijuana Market

Companies:GT Legend Automotive Holdings Inc.
Press Release Source: GT Legend Automotive Holdings, Inc. On Thursday April 29, 2010, 4:15 pm EDT

FULLERTON, Calif., April 29, 2010 (GLOBE NEWSWIRE) -- GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA - News) in conjunction with Compassionate Therapeutic Solutions, LLC, reported today that the medical marijuana market is booming. According to an article posted on CNBC.com, CNBC estimates that the marijuana industry is a $40 billion a year market (Source: Marijuana Is Big Business (Almost The Only Business) In California's Emerald Triangle - CNBC).



Medical marijuana is legal in 14 states: Colorado, California, Vermont, Washington, Alaska, Montana, Nevada, New Jersey, New Mexico, Oregon, Hawaii, Maine, Michigan and Rhode Island. Ballot measures or legislation allowing medical marijuana are pending in 14 additional states including Alabama, Delaware, Illinois, Iowa, Kansas, North Carolina, Pennsylvania, South Dakota, New York, Missouri, Maryland, Massachusetts, Tennessee and Wisconsin (Source: Medical marijuana business is on fire - USATODAY.com).



An article by Rob Reuteman entitled, "Medical Marijuana Business is on Fire," appeared in USA Today and outlined the industry's recent rise. The article states that in the past six months, the number of patients and dispensaries has skyrocketed; it's estimated that more than 100,000 Colorado residents can legally purchase marijuana for medical use (Source: News, Travel, Weather, Entertainment, Sports, Technology, U.S. & World - USATODAY.com).



The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).



Eugene Espinosa, President of GTLA, commented, "There are approximately 400 wellness centers in Denver, Colorado alone. Each center services between 500 and 1500 patients. Medical marijuana sells for $420.00 per ounce, and the average patient's purchase is 2 oz. of product per month. Therefore, a 1500-patient center will generate monthly revenues of $1,260,000 in product sales alone."



About GT Legend Automotive Holdings Inc.: GT Legend Automotive Holdings, Inc. is a Nevada research and development corporation. GTLA has acquired Compassionate Therapeutic Solutions.



About Compassionate Therapeutic Solutions, LLC: Compassionate Therapeutic Solutions, LLC is a multidisciplinary behavioral health care practice that offers mental health, substance abuse and primary caregiver services to communities of Colorado. The company's focus is to provide cost-effective quality treatment and to create, promote, and maintain a positive customer relationship with clients, associates and the community. One of the functions of the clinic is to provide comprehensive care to individuals who are registered and authorized to utilize medical marijuana.

Compassionate Therapeutic Solutions, LLC Introduces the Wellness Center to Cancer Patients

.Companies:GT Legend Automotive Holdings Inc..Press Release Source: GT Legend Automotive Holdings, Inc. On Friday April 30, 2010, 4:47 pm EDT

COLORADO SPRINGS, Colo., April 30, 2010 (GLOBE NEWSWIRE) -- GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA - News) in conjunction with Compassionate Therapeutic Solutions, LLC, announced today that Eugene Espinosa, the company's President, has been busy promoting the CTS wellness center via a series of presentations to cancer patients in Colorado Springs and the surrounding communities.



The National Cancer Institute (NCI) is 1 of 27 Institutes and Centers that comprise the U.S. National Institutes of Health (NIH) and is a component of the U.S. Department of Health and Human Services. In the National Cancer Institute Act of 1937, NCI was established as the Nation's principal agency for cancer research. As a Federal Government agency, NCI receives its funds from the U.S. Congress. These funds support research at the Institute's headquarters in Bethesda, Maryland, and in laboratories and medical centers throughout the United States and in other countries. NCI's budget for the 2008 fiscal year was $4.83 billion. For the 2007 fiscal year, it was $4.79 billion, and, for 2006, it was $4.75 billion. (Source: National Cancer Institute - Comprehensive Cancer Information).



According to the American Cancer Society's 2003 data, more than 1,300,000 Americans are diagnosed with cancer each year. At least 300,000 of them will undergo chemotherapy, and 132,000 patients may have therapeutic cannabis recommended to them to combat the side effects of conventional treatments (Source: ASA*:*Advancing Legal Medical Marijuana Therapeutics and Research). Vinciguerra et al. found that 78% of 56 patients suffering from nausea who were resistant to standard drugs became symptom-free after inhaling cannabis (Source: Welcome to Concept420 - Growing Marijuana, Pictures, Drug Testing Help and more!).



A 1999 report published by the Institutes of Medicine stated that nausea, appetite loss, pain and anxiety, all of which are symptoms associated with cancer, can be mitigated by medical marijuana. The same report also stated that pills are generally ineffective in treating patients experiencing severe nausea or vomiting because of the difficulty in swallowing or keeping a pill down and the slow onset of the drug effect. Therefore, they conclude that cannabinoid inhalation is effective in treating the nausea that is caused by chemotherapy.



Kathryn Newman, R.N., M.S., states, "Medical marijuana can be used as a pain reliever to combat the discomfort caused by various cancers. It can also soothe the nausea associated with chemotherapy. In addition to pain relief, studies also show that the euphoric effects of the chemical THC which is contained in cannabis may act as a mood elevator; this is yet another benefit for cancer patients."

GTLA, News out after the bell on friday, Imo this one is going to pop this morning. Two solid prs the the past couple of days. This traded with huge explosive volume on friday and i think were going to see some nice gains for those who took a position. Also the one who didnt this is still a good time to get in on this. Were at a great entry price@ .0002. We could be seeing .0004 or higher today on this news. Looking at the charts is is following the same pattern like in feb. Good luck to u all and this is just my opinion do your own dd

GT Legend Automotive Holdings, Inc. in Conjunction With Compassionate Therapeutic Solutions, LLC Gains Credibility Subsequent to the Passing of House Bill 1284

.Companies:GT Legend Automotive Holdings Inc..Press Release Source: GT Legend Automotive Holdings, Inc. On Wednesday May 5, 2010, 4:15 pm EDT

COLORADO SPRINGS, Colo., May 5, 2010 (GLOBE NEWSWIRE) -- GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA - News) in conjunction with Compassionate Therapeutic Solutions, LLC, reported today that on April 20, 2010, the Colorado House passed a medical marijuana bill (#1284) that placed strict regulations on the medical marijuana industry.



Under the bill, the Department of Public Health and Environment will promulgate new rules related to standards for issuing registry identification cards, documentation for physicians who prescribe medical marijuana, and sanctions for physicians who violate the bill. Compassionate Therapeutic Solutions is in compliance with all the regulations set forth in the bill, thereby increasing the center's credibility (Source: http://www.leg.state.co.us/CLICS/CLI...e=1284_ren.pdf).



CNBC estimates that the marijuana industry is a $40 billion a year market (Source: Marijuana Is Big Business (Almost The Only Business) In California's Emerald Triangle - CNBC). Medical marijuana is legal in 14 states: Colorado, California, Vermont, Washington, Alaska, Montana, Nevada, New Jersey, New Mexico, Oregon, Hawaii, Maine, Michigan and Rhode Island. Ballot measures or legislation allowing medical marijuana are pending in 14 additional states including Alabama, Delaware, Illinois, Iowa, Kansas, North Carolina, Pennsylvania, South Dakota, New York, Missouri, Maryland, Massachusetts, Tennessee and Wisconsin (Source: Medical marijuana business is on fire - USATODAY.com). The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).



Eugene Espinosa, President of Compassionate Therapeutic Solutions, commented, "The Huffington Post stated in an article that reactions from the medical marijuana community were varied with regard to this bill. The Cannabis Therapy Institute called it a 'monstrosity,' while Sensible Colorado called it 'a step in the right direction.' We agree with the latter. We are an upstanding medical center staffed with licensed therapists and professionals who are prepared to offer the best possible care to our patients. While this bill may cause some centers to close, it will allow us to stay open due to our professional standing by licensure in the field." (Article Source: "Colorado Medical Marijuana Bill Passes House on 4/20, Moves to Senate for Approval", Posted 4/21/10, Breaking News and Opinion on The Huffington Post).



About Compassionate Therapeutic Solutions, LLC: Compassionate Therapeutic Solutions, LLC is a multidisciplinary behavioral health care practice that offers mental health, substance abuse and primary caregiver services to communities of Colorado. The company's focus is to provide cost-effective quality treatment and to create, promote, and maintain a positive customer relationship with clients, associates and the community. One of the functions of the clinic is to provide comprehensive care to individuals who are registered and authorized to utilize medical marijuana.

Compassionate Therapeutic Solutions, LLC Announces Profit Projections

.Companies:GT Legend Automotive Holdings Inc.Topics:Earnings.Press Release Source: GT Legend Automotive Holdings, Inc. On Thursday May 6, 2010, 8:00 am

COLORADO SPRINGS, Colo., May 6, 2010 (GLOBE NEWSWIRE) -- GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA - News) in conjunction with Compassionate Therapeutic Solutions, LLC, released a statement today discussing its profit projections.



The company has opened a licensed grow facility, thus reducing product costs and doubling profit margins. Now, instead of generating revenues of $75,000 per month, each location can bring in $150,000 per month, totaling $1,800,000 per year per center.

According to an article posted on CNBC.com, CNBC estimates that the marijuana industry is a $40 billion a year market (Source: Marijuana Is Big Business (Almost The Only Business) In California's Emerald Triangle - CNBC). The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).



Eugene Espinosa, President of GTLA, states, "Medical marijuana sells for around $420.00 per ounce, and the average patient's purchase is two ounces of product per month. Since we're utilizing our independent, licensed grow facility, we are able to increase our profit margin by approximately $100.00 per ounce of product, leading to amplified revenues."



About Compassionate Therapeutic Solutions, LLC: Compassionate Therapeutic Solutions, LLC is a multidisciplinary behavioral health care practice that offers mental health, substance abuse and primary caregiver services to communities of Colorado. The company's focus is to provide cost-effective quality treatment and to create, promote, and maintain a positive customer relationship with clients, associates and the community. One of the functions of the clinic is to provide comprehensive care to individuals who are registered and authorized to utilize medical marijuana. Please visit our website at CTS: Home for more information.

Here we go on GTLA, This one is going to be huge this morning!! Company released profit projections in this morning news. Company will be bringing in 1.8 mil a year in revenue and this could be even higher with the strict regulations that the Department of Public Health and Environment have set forth. Gtla is in compliance with all these regulations as said in the last news statment. Imo this one is going to be huge open today with some high volume and some nice gains the rest of the week and into next. We are at a perfect entry price and with these two news releases we should make some nice profits.Remember to do your own dd. You can start here with the latest pr.

COLORADO SPRINGS, Colo., May 6, 2010 (GLOBE NEWSWIRE) -- GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA - News) in conjunction with Compassionate Therapeutic Solutions, LLC, released a statement today discussing its profit projections.



The company has opened a licensed grow facility, thus reducing product costs and doubling profit margins. Now, instead of generating revenues of $75,000 per month, each location can bring in $150,000 per month, totaling $1,800,000 per year per center.

According to an article posted on CNBC.com, CNBC estimates that the marijuana industry is a $40 billion a year market (Source: Marijuana Is Big Business (Almost The Only Business) In California's Emerald Triangle - CNBC). The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).



Eugene Espinosa, President of GTLA, states, "Medical marijuana sells for around $420.00 per ounce, and the average patient's purchase is two ounces of product per month. Since we're utilizing our independent, licensed grow facility, we are able to increase our profit margin by approximately $100.00 per ounce of product, leading to amplified revenues."

GTLA_NEWS!
Compassionate Therapeutic Solutions, LLC Opens Licensed Bakery to Produce Medical Marijuana Edibles
According to Colorado state regulations, bakeries producing medical marijuana edibles must be licensed and must operate out of a state-regulated commercial kitchen. The CTS bakery has taken a leadership position in supplying product and meeting both requirements listed above. Patients who wish to purchase the edibles must be registered and in possession of a state-authorized medical marijuana permit card. The Denver Post reported that there are currently over 100,000 licensed medical marijuana users in the state of Colorado. The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).

Some patients prefer to consume edibles containing medical cannabis flowers as opposed to smoking the product because of health considerations. Many patients are not able to inhale smoke. Medical dosages are better controlled with edibles, teas and tinctures.

Eugene Espinosa, President of GTLA / CTS, states, "Our edibles are made from premium, organic medicinal cannabis flowers. Our plants are organically controlled; grown in a hydroponic green room free from pesticides and chemicals of any sort. They are provided with the proper nutrients, adequate light and temperature to insure the highest quality end result. We estimate that 1 out of 10 cardholders will prefer edibles over inhaled marijuana. Our goal is to create a market based on demand. We expect the edible market to exceed $60,000,000 annually in Colorado."