It is with great pleasure that Smart Cannabis Corp. (“Company”) announces the addition of a CBD and hemp retail operation to its expanding business portfolio, under the leadership of its newly appointed executive management team.
To find prospective retail CBD and hemp businesses with growth potential in the 3rd quarter of 2019, the Company hired Mark Cheung as its interim CEO. “It felt like an obvious next step to enter the CBD and hemp retail market, given that the Company had already been building and marketing cannabis-oriented greenhouses,” he explained.
On October 1, 2019, Budding Botanicals was acquired by the Company and renamed Next Generation Farming, Inc.
A company called Budding Botanicals has been selling its CBD and hemp products through its online site.
With the introduction of a new CBD/Hemp retail operation, we are thrilled.” Mark Cheung, the interim CEO, said, “Please stay tuned for further details on the new operations and the person who will lead the new operations.” As a result, we believe that situating the Company in the cannabis market would immediately boost growth potentials and create value for our shareholders.”
About Smart Cannabis Corp
The management team at Smart Cannabis Corp. has a proven track record of creating and growing businesses. There has been at least one “bell weather” cannabis industry startup that the company’s executive staff has helped establish. After almost 90 days, Smart Cannabis started making money.
One of the most attractive marketplaces for the cannabis industry is located in Northern California, where Next Generation Farming and Sap Investments are based. The company’s patented SMART APP software, the creation of viable, wholly-owned subsidiaries, and the development in sales and market share for its SMART by Design line of automated greenhouse systems all point to continued success for the company. The company’s primary markets are the rapidly expanding cannabis business, as well as commercial-scale organic food and pharmaceutical science.
Smart Cannabis Corp. is a company specializing in the rapid growth of the cannabis and hemp industries using advanced greenhouse technology. Commercial greenhouse and automation systems designed for organic food and cannabis growers are also part of Generation Farming, which the company is a part of. Custom greenhouses are also available.
If the Company fails to successfully complete the development of new or enhanced products, the Company’s future capital needs, lack of market demand for new or enhanced products the Company may develop, any adverse actions by the Company’s affiliates, the success of competitive products, other economic factors, this press release may constitute forward-looking statements. It is possible that the results stated in this press release will differ significantly from the actual results. There is no duty for the Company to update any statements made in this release.