SEATTLE, April 19, 2018 (GLOBE NEWSWIRE) -- CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, today announced that BLOCKStrain Technology Corp. (TSX-V:SR.H) or “BLOCKStrain” has engaged CFN Media to conduct a 6-month investor and market visibility program to begin on April 19, 2018.
“BLOCKStrain is disrupting the industry by transforming how cannabis companies will register and track intellectual property from genome to sale,” said Frank Lane, President of CFN Media, the leading agency and financial media network dedicated to the North American cannabis industry. “The company’s technology platform interoperates with existing systems, allowing participants throughout the cannabis supply-and-demand chain to securely contribute genetics, strains, services and reviews to advance the industry while being compensated in a trusted environment.
“After securing a strategic investment from WeedMD, the company is preparing to launch its platform across the global cannabis industry.”
BLOCKStrain CEO Robert Galarza says it was important for the Company to engage one of the cannabis industry’s leading media voices, as it unveils a new technology into the market.
“BLOCKStrain has built the first technology of its kind for the cannabis industry,” Galarza said. “Our software is the first that allows growers to track and protect the intellectual property they’ve developed, and also to easily track and monitor every shipment of cannabis globally in a way that’s simple, transparent, and completely reliable.”
“This technology is completely new, and something no one else has done, so communicating the value of this new technology will be core to our mission as we roll out BLOCKStrain with our industry partners over the coming year.”
CFN Media will leverage its powerful content platform and extensive reach into mainstream and cannabis-focused investor audiences and media across North America to attract high-quality investors to BLOCKStrain while elevating the company’s financial brand.
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About CFN Media
CFN Media (CannabisFN), the leading agency and financial media network dedicated to the worldwide cannabis industry, helps companies operating in the space attract investors, capital, and publicity. Private and public marijuana companies in the US and Canada rely on CFN Media to succeed in the capital markets.
About BLOCKStrain Technology Corp.
BLOCKStrain is the first company to bring the power of blockchain technology to the cannabis industry. The company has developed a comprehensive, community-driven cannabis genetics registration and licensing archive platform, dedicated to making it safe and conformable for breeders and growers, large and small, to protect and release their proprietary varieties into the public domain, while also being compensated and rewarded.
BLOCKStrain’s technology also allows cannabis companies to easily and reliably track every shipment of product around the globe. BLOCKStrain has accomplished this by utilizing blockchain features to create an ecosystem that encourages contribution of genetics and intellectual property, coupled with the security, authenticity and verification methods that modern distributed ledger technology provides.
BLOCKStrain combines traditional cannabis culture with modern crypto-technology to deliver a truly intelligent platform powered by the people. By being open and available to everyone, the platform is expected to help shape the future adoption and authenticity of the cannabis industry. Through use of a secure API network, BLOCKStrain makes it easy for testing providers, grow facilities, app and software developers, research groups and major supply chain platforms to build applications and solutions, thereby helping fuel technology and innovation for the cannabis industry as a whole.
Contact:
Frank Lane
206-369-7050
Flane@cannabisfn.com