PHOENIX, AZ / ACCESSWIRE / November 14, 2018 / Acacia Diversified Holdings, Inc. (OTCQB: ACCA), ("Acacia" or the "Company") is an emerging cannabis company. Richard K. Pertile, Acacia's Chief Executive Officer, joined Stock Day's
"We actually merged with our private company, MariJ Group, merged with the Acacia family in January of 2016 and became a public entity," explained Pertile. "We started out in Florida as one of the applicants, started acquiring all of our equipment and everything we needed to be an applicant in the state of Florida and we ended up putting all of that into mobile applications and sent it to work because we got tired of sitting around waiting for regulators to approve things."
Pertile went on to say he started his career in Florida in insurance and sales. He rose to VP of a public company then retired to do philanthropy work. He said from
"I saw what it did for particular people, in terms of being patients, the medicinal value and seeing how it changed the devastation of people lives is really what excited me to get involved with it full throttle."
Jolly then asked about the advantages of a vertically integrated hemp operation and asked Pertile how they made money. He said the nice thing about being vertically integrated is that they can control their own genetics.
"That's a
He went on to say it's exciting for the company. They are also in the hemp space in Tennessee and it allows them to be in complete control of their future as it relates to pricing. Pertile said it's very lucrative having that ability.
Jolly then asked about indoor growing versus outdoor growing and wanted to know why Acacia prefers the indoor method. He said it was a conscious decision on the part of the company.
"Once you get your infrastructure structured, you have much more control over the insects and the whole overall environment," said Pertile. "Not having to deal with tornados, weather, rain and all that Mother Nature throws at us as well as the insects that are constantly being combated is a big advantage."
He went on to explain that when the environment is controlled, they can produce pharmaceutical quality and medicinal grade products that can be certified. Pertile also mentioned that growing indoors means they can grow year-round.
"Much more lucrative on an indoor grow and certainly more quality control," he explained.
Jolly then asked about how Acacia is preparing for the FDA oversight in the field that they are in. He said they recently acquired a private entity, MEDAHUB Operations Group, Inc. and MEDAHUB, Inc., technology companies in Florida.
"What that gave us is the infrastructure for what we call left to right HL7 HIPPA Compliance software technology. Meaning we can track, traditionally, the seed to the sale or what's going on in the genetics all the way through to the retail sale or wholesale sale. But most importantly we also have the
He said it allows the doctors to pick what type of strain works better for what type of aliment then keeps the data together and securely stored. He explained that obtaining the left to
"We are really excited about having that technology," says Pertile. "It's really innovative and we are really excited about getting that up and running and showing the regulators and law enforcement and everyone else how we can track the products and treat it much like a controlled substance."
To hear the entire interview with Acacia Diversified Holdings, Inc.'s CEO, follow the link to the Stick Day Podcast. https://upticknewswire.com/featured-interview-ceo-richard-pertile-of-acacia-diversified-holdings-inc-otcqb-acca/
About Acacia Diversified Holdings, Inc.
Acacia Diversified Holdings, Inc. is a publicly held corporation that was originally incorporated in Texas on October 1,
Contact:
Mr. Richard K. Pertile
President, CEO
Acacia Diversified Holdings, Inc.
Postal Address:
13575 58th Street North – #138
Clearwater, FL 33760
Office Telephone: (727) 678-4420
Email: info@marijinc.com
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
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