FusionPharm Signs Letter of Intent to Acquire Cannabis Planet TV

FusionPharm Signs Letter of Intent to Acquire Cannabis Planet TV

DENVER, Aug. 1, 2011 /PRNewswire/ -- FusionPharm, Inc. (PINKSHEETS: FSPM), is proud to announce the signing of a letter of intent to acquire Cannabis Planet TV. Cannabis Planet TV is the only network television show providing advertising, marketing, information and entertainment dedicated to the cannabis community.

Brad Lane, Executive Producer of Cannabis Planet TV stated, "We are very excited about becoming part of the FusionPharm family. This is an ideal pairing that will allow Cannabis Planet TV to expand our important message and programming into all medical cannabis states and eventually national distribution, while at the same time providing FusionPharm with a powerful, targeted marketing vehicle."

ABOUT FUSIONPHARM, INC.

FusionPharm, Inc. (www.fusionpharminc.com) provides specialty equipment, financing, advertising, marketing, and general business consulting to the medical cannabis industry nationwide.

The Company is NOT engaged in growing, harvesting, cultivation, possession or distribution of marijuana.

NOTES ABOUT FORWARD-LOOKING STATEMENTS:

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

SOURCE FusionPharm, Inc.

FusionPharm, Inc.

CONTACT: FusionPharm, Inc., info@fusionpharminc.com

Web Site: http://www.fusionpharminc.com

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