DALLAS, TX , Feb. 08, 2018 (GLOBE NEWSWIRE) — Bayport International Holdings, Inc. (OTC Pink: BAYP) (“the Company” or “Bayport”), a holding company active within the cannabis technology industry, is pleased to announce that it has entered into an agreement to purchase 10% of 420skybnb. Bayport has also secured options to purchase additional ownership of 420skybnb in the future.
The closing is scheduled for late March 2018, Bayport International Holdings, Inc. (OTC Pink: BAYP) previously disclosed that a purchase agreement was expected to close shortly with the cannabis tourism platform.
Some major highlights of the purchase and investment in 420skybnb include:
Management is pleased to have 420skybnb join its growing cannabis technology ecosystem, which now consists of: Weedwiser.com, Ecannago.com, and 420skybnb.com. Furthermore, the Company sees cannabis tourism as an overlooked segment of the overall industry. With 420skybnb’s cannabis technology platform geared towards travel and tourism, management sees the company as a natural fit within Bayport’s expanding platform ecosystem.
For more information on 420skybnb, check out https://420skybnb.com.
You can also see 420skybnb’s Apple and Android apps here:
About Bayport International Holdings, Inc. (OTC PINK: BAYP):
Bayport International Holdings, Inc. (OTC Pink: BAYP) is a holding company active within the cannabis technology industry. Through its Weedwiser.com and Ecannago.com digital platforms, the company seeks to be a leader in the emerging cannabis technology industry. Furthermore, the company is currently evaluating acquisitions within the industry. Learn more about the company by visiting http://www.weedwiser.com, www.ecannago.com and www.baypcanna.com.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Bayport International Holdings, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Bayport International Holding’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Bayport International Holding’s filings with the Securities and Exchange Commission.
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