New Additions and Grow Lighting Product Line Introduction Further Cement iMD’s Commitment to Gaining Market Share in Medical Marijuana and Hydroponic Sector

TAMPA, FL, USA, January 28, 2015 /EINPresswire.com/ -- iMD Companies, Inc. (ICBU) announced the launch of a new, state of the art Hydroponic lighting product line in the United States. This is yet another effort to generate profit and revenue and gain market share in the massive, undeveloped hydroponic and medical marijuana marketplace. iMD is well on its way to becoming the one stop shop in the hemp and hydroponic sector that it has recently stated it is working towards becoming. This move is part of an ongoing hydroponics related product expansion that the company is implementing in a coordinated effort to improve the company’s foothold in the commercial grow facility sector.

Continuing in that effort, the company also recently announced that it acquired Freedom Seed and Feed, LLC, the first federally permitted hemp seed and fiber farm in the United States. The company is located in Kentucky, where recent legislation allows for the iMD and Feed & Seed to become pioneers in the hemp and medical marijuana growth market.

iMD has made the first payment to Freedom Seed and Feed (FSF) as part of a deal that will amount to a nearly $2 million dollar purchase, but this farm being the first of its kind in such a growth oriented, new business sector, the potential profit generation could very well make that price an excellent value. The purchase agreement also includes the subsidiary companies Freedom Seed & Feed, Healing Ground Farms, and Freedom Hemp, allowing iMD instant access to the entire hemp seed market. Along with the company’s growth product line extension and recently announced deal with the Chipewa Nation to develop and maintain a 50,000 Sq ft growth facility on their reservation in Michigan, the company is clearly instituting a philosophy that it wants to dominate the hydroponic market, sooner rather than later.

Generating revenue and immediate growth is part of that repositioned philosophy. The hydroponic lighting market booked more than $600 million in sales in 2014 alone, and is a growing sector thanks to recent regulation. The addition of the only federally permitted hemp seed and fiber farm and the growing partnerships can only help iMD reach its goal.

About iMD Companies, Inc.
iMD Companies, Inc., (OTC MARKETS: ICBU) a Florida corporation, has recently re-positioned to be a holding company for acquisitions in the Hydroponics and Hemp industry. The Hydroponics subsidiary, R-Quest Hydroponics, is engaged in the manufacturing, marketing, and distribution of equipment for the hydroponics industry. The 2013 acquisition of a majority stake in R-Quest Hydroponics Inc. purchased from Anything Technologies Media (EXMT) has been augmented by the purchase of Lumz'n Blooms, Ltd., a Manufacturer of Indoor Gardening and Hydroponics Equipment. The recently announced acquisition in process of a majority stake in Freedom Seed and Feed and related companies represent the Company's entry into the HEMP industry. The Company's management and advisory team has extensive backgrounds in finance, farming, manufacturing, marketing and distribution. iMD's goal is to create and increase shareholder value by organic growth, strategic acquisitions and creative business alliances, which should generate increased revenues and earnings. For more information please visit www.imdcompanies.com

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