Bayport International Holdings, Inc. (OTC Pink: BAYP) (“the Company” or “Bayport”), a holding company active within the cannabis technology industry, announces a shareholder update to provide latest information on operations.
Management is in the early stages of work with an ad placement agency, which will be unveiled in a later press release. Previously, Bayport announced that it was in talks with numerous ad placement agencies and was in the process of finalizing a relationship with a particular agency. The Company plans to unveil the agency and provide further details shortly, as the process continues to move forward. This is a major element of Bayport’s revenue generation efforts in Fall 2018.
Bayport has also recently announced plans to enter the Cannabidiol (CBD) market with own branded CBD product line. The Company continues to engage in negotiation with target companies that will be key to Bayport’s CBD product line efforts. The Bayport CBD product line also provides another revenue stream, as the product line would be listed online CBD marketplaces and for sale throughout the Company’s cannabis tech ecosystem: http://www.weedwiser.com, www.ecannago.com and www.baypcanna.com.
The Company continues to collaborate with ADVFN PLC and their main asset, Investor’s Hub (iHub). In August 2018, Bayport first announced the ADVFN PLC collaboration activities, which included WeedWiser.com being selected among the first to host iHub’s new cannabis newswire feed. Management feels there is still numerous opportunities to expand its partnership and collaboration with iHub and the team remains actively engaged in talks with ADVFN PLC.
Bayport continues to remain on track for a strong Fall 2018 foothold, which will continue to focus on cannabis tech platform development, generating multiple streams of revenue, and more. With less than two weeks until Canada’s recreational cannabis laws go into effect, the industry has been ablaze with excitement. Bayport continues to examine the Canadian cannabis tech landscape for opportunities.
About Bayport International Holdings, Inc. (OTC PINK: BAYP):
Bayport International Holdings, Inc. 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.
Safe Harbor
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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