Marathon Group Corp. to Explore New Business Opportunities Ancillary to the Legal Cannabis Industry


WATERBURY, CT, Jan. 22, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Marathon Group Corp. (OTC: PDPR) (the “Company” or “Marathon”) announces that it has commenced due diligence and research initiatives in search of new business opportunities ancillary to the rapidly growing legal cannabis industry.

As a Connecticut-based software and web property development company, Marathon is well positioned to solve a variety of problems faced by small and medium sized companies operating in and around the legal marijuana and hemp industries in North America.

“With proven experience in point-of-sale solutions, digital marketing, e-commerce, advertising, lead generation, and more, the Company is already positioned to capitalize on the legal cannabis industry’s rising demand for customized technology solutions,” commented MacDonald Tudeme, President and CEO of Marathon.

According to Deloitte1, the ancillary (non-plant-touching) side of the cannabis industry is expected to be even larger than the (plant-touching) cannabis industry itself. By offering its services to the rapidly growing legal cannabis industries in the United States and Canada, Marathon stands to diversify its client base and revenue streams without additional capital expenditure.

As it pursues these new opportunities, Marathon intends to add subject matter experts to its management team and board of directors.

1https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/Analytics/ca-en-analytics-DELOITTE%20Recreational%20Marijuana%20POV%20-%20ENGLISH%20FINAL_AODA.pdf

About Marathon Group Corp

Marathon Group Corp. (OTC: PDPR) is a Connecticut-based software company engaged in web property development, focused on solving problems faced by small and medium size businesses.

Safe Harbor Statement

The matters discussed, particularly information regarding future revenue, earnings, business plans and goals, consist of forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor created by these sections and involve risks and uncertainties, which could cause actual results to differ materially from the forward-looking information. Such statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These statements are based on assumptions and estimates that management believes are reasonable based on currently available information; however, management’s assumptions and the Company’s future performance are both subject to a wide range of business risks and uncertainties, and there is no assurance that these goals and projections can or will be met. Any number of factors could cause actual results to differ materially. The Company undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking information contained herein is subject to the risk factors and uncertainties described in the Company’s filings with the Securities and Exchange Commission, which risk factors and uncertainties are incorporated by reference as though fully set forth herein.


            

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