NEW YORK, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Digital Arts Media Network, Inc. (OTCMKTS:DATI), a specialized tech accelerator leveraging the Public Accelerator-Incubator model, announced that its investment in crowdfunding company Fundanna, Inc. – owner of (powered by truCrowd, Inc.) added four additional cannabis startup companies to its platform.

Each company on the cannabis crowdfunding platform quickly raised capital.  In some cases, funding goals were exceeded – as with Gulf Coast Canna Meds (131% funded and accepting oversubscriptions).

“We are pleased with the progress is making and expect much more success to come,” said Digital Arts Media Network CEO, Ajene Watson.  “A half dozen more cannabis companies are expected to join Fundanna this quarter.  We also believe the number of participating investors will grow significantly; especially as cannabis companies look to incorporate blockchain technologies into their business models.”

Building a fully compliant, crowdfunding platform focused solely on the cannabis market is no easy task.  It is however, an extremely lucrative endeavor.  As previously mentioned, according to New Frontier Data, a cannabis-focused data firm, the ancillary cannabis market – which is what Fundanna, Inc. specializes in – grew 161.2% in 2016; consulting increased 737%, investment/M&A up 366% and consumption devices increased 116%.

Watson concluded, “We firmly believe that Fundanna’s management has the experience and expertise needed to achieve this goal, and will ultimately exceed our expectations.  This will give us reason to both increase our equity stake in Fundanna, Inc. and, expand our relationship with truCrowd, Inc.”

ABOUT Fundanna, Inc. &

Fundanna, Inc. is owner of  Fundanna, Inc., states to be an S.E.C regulated FINRA member, crowdfunding portal (powered by truCrowd, Inc.) with a dedicated focus on the cannabis markets.  Fundanna, Inc., is in the process of taking over operations after it receives FINRA approval. allows cannabis related companies to raise up to $1 mil per year from accredited and non-accredited investors, with low investment requirements.

ABOUT Digital Arts Media Network, Inc.

Digital Arts Media Network, Inc. (OTCMKTS:DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities.  As a PAI, Digital Arts Media Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.


Forward Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements."  Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements.  In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking.

Public Relations Answering Center
(866) 298-7691 Ext. 1