Top cannabis cost comparison engine debuts for trading on September 25, 2019
updated: Sep 25, 2019 07:00 EDT
September 25, 2019(Newswire.com) –
Wikileaf Technologies Inc. (“Wikileaf” or the “Corporation“), a top cost comparison platform that assists cannabis buyers with acquiring place-primarily based pricing information and facts about person cannabis strains, brands and items, is pleased to announce that it will start trading on the Canadian Securities Exchange (“CSE”) below the ticker symbol “WIKI”.
Dispensaries and cannabis brands can use Wikileaf’s digital listing solutions to engage with buyers by way of targeted marketing to cannabis customers in their quick location. Brands can also use Wikileaf to market their exclusive items, strains and solutions, as effectively as amplify their visibility and attain.
For additional specifics of the Transaction, please refer to the non-supplying prospectus of the Corporation dated Sept. 16, 2019, readily available on SEDAR at www.sedar.com.
- Practically 1 million organic customers per month (as of September 2019)
- More than four,300 licensed dispensaries, deliveries, and brands (U.S. and Canada)
- More than 229,000 strains and items costs compared (as of May well 2019)
- Practically two,000 strain profiles in our Cannabis Library
- Third most trafficked cannabis internet site in the US (supply: Rank2Traffic)
- Founded in 2014
- 1st leadership to eliminate unlicensed dispensaries
- A single of the very first apps authorized in the AppStore for displaying cannabis costs not been permitted till 2015
- Diverse and knowledgeable Board of Directors, such as: Chuck Rifici, pioneer of the North American cannabis business, Megan Sanders, founder of a lady-led cannabis organization, and Cy Scott, founder of Leafly
“I began Wikileaf back in 2014 mainly because I saw an information and facts void each for cannabis buyers and legal dispensaries. Ever considering the fact that then, we have remained committed to buyers and partners, striving to be a trusted supply of information and facts. It is for that purpose that final year, we have been 1 of the very first to start the very important process of eliminating illegal dispensaries and illicit organizations from our platform, guaranteeing compliance with every single jurisdiction’s marketing regulations and laws. We operate just about every day to do our little portion to assure that buyers are getting protected cannabis items.”
-Dan Nelson, Founder and CEO, Wikileaf
“We are extremely proud to see ‘WIKI’ on the Canadian Securities Exchange board. The teams at Wikileaf and Nesta have worked tirelessly to attain this milestone. Getting been involved with several historic firsts in the cannabis space, I think that Wikileaf’s entrance into the public market place is a terrific step forward for the business as technologies firms are an underrepresented asset inside the publicly traded cannabis sector. This listing uniquely positions Wikileaf to present investors with worth outdoors of standard licensed producers. With new items coming to market place in Canada prior to the finish of the year, increasing U.S. markets and new international ones, ancillary firms such as Wikileaf should really garner much more focus as cannabis items evolve into a complete variety of customer packaged goods.”
-Chuck Rifici, Chair, Wikileaf
Wikileaf is a cost comparison platform for recreational and medicinal cannabis buyers. Wikileaf offers buyers with immediate cost comparison amongst dispensaries in their quick vicinity. It is a portfolio organization of Nesta Holding Co. Ltd. (“Nesta”), a private equity firm focused on the worldwide cannabis business. Nesta was founded in 2015 by Chuck Rifici, Chair of Auxly Cannabis Group and co-founder of Canopy Development Corporation.
This release consists of particular “forward-seeking statements” and particular “forward-seeking information and facts” as defined below applicable Canadian securities laws. Forward-seeking statements and information and facts can commonly be identified by the use of forward-seeking terminology such as “may perhaps”, “will”, “anticipate”, “intend”, “estimate”, “anticipate”, “think”, “continue”, “plans” or equivalent terminology. Forward-seeking statements and information and facts consist of, but are not restricted to, statements with respect to receipt of final approval from the Canadian Securities Exchange and the anticipated timing of commencement of trading. Forward-seeking statements and information and facts are primarily based on forecasts of future benefits, estimates of amounts not but determinable and assumptions that, although believed by management to be affordable, are inherently topic to important organization, financial and competitive uncertainties and contingencies. Forward-seeking statements and information and facts are topic to numerous recognized and unknown dangers and uncertainties, several of which are beyond the capacity of the Corporation to manage or predict, that may perhaps result in the Company’s actual benefits, efficiency or achievements to be materially distinct from these expressed or implied thereby, and are created primarily based on assumptions about such dangers, uncertainties and other components set out herein, such as but not restricted to: the inherent dangers involved in the common securities markets uncertainties relating to the availability and fees of financing required in the future the inherent uncertainty of price estimates and the prospective for unexpected fees and expenditures, currency fluctuations regulatory restrictions, liability, competitors, loss of essential staff and other associated dangers and uncertainties. The Corporation undertakes no obligation to update forward-seeking information and facts except as necessary by applicable law. Such forward-seeking information and facts represents management’s finest judgment primarily based on information and facts presently readily available. No forward-seeking statement can be assured and actual future benefits may perhaps differ materially. Accordingly, readers are advised not to spot undue reliance on forward-seeking statements or information and facts.
The CSE has not in any way passed upon the merits of the listing of the popular shares of Wikileaf and has neither authorized nor disapproved the contents of this news release. Listing of the popular shares of Wikileaf is topic to satisfaction of the listing needs of the CSE, such as customary deliverables in satisfaction of the conditional approval.
For much more information and facts about Wikileaf, please stop by www.wikileaf.com, or stick to us on Twitter @Wiki_Leaf, Instagram @wiki_leaf, Facebook @Wikileaf and YouTube Wikileaf.
Make contact with Details
Media Make contact with:
North 6th Agency
(212) 334-9753, ext. 142
Supply: Wikileaf Technologies Inc.