Top cannabis price tag 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 “Firm“), a top price tag comparison platform that assists cannabis buyers with discovering place-primarily based pricing information and facts about person cannabis strains, brands and goods, is pleased to announce that it will commence 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 one of a kind goods, strains and solutions, as effectively as amplify their visibility and attain.
For additional information of the Transaction, please refer to the non-supplying prospectus of the Firm dated Sept. 16, 2019, obtainable on SEDAR at www.sedar.com.
- Almost 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 goods costs compared (as of Could 2019)
- Almost two,000 strain profiles in our Cannabis Library
- Third most trafficked cannabis web-site in the US (supply: Rank2Traffic)
- Founded in 2014
- Very first leadership to take away 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 sector, Megan Sanders, founder of a lady-led cannabis business, 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 really is for that explanation that final year, we have been 1 of the very first to commence the crucial job of eliminating illegal dispensaries and illicit corporations from our platform, making sure compliance with every single jurisdiction’s marketing regulations and laws. We function each day to do our little portion to assure that buyers are buying secure cannabis goods.”
-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. Obtaining been involved with several historic firsts in the cannabis space, I think that Wikileaf’s entrance into the public industry is a good step forward for the sector as technologies firms are an underrepresented asset inside the publicly traded cannabis sector. This listing uniquely positions Wikileaf to give investors with worth outdoors of standard licensed producers. With new goods coming to industry in Canada prior to the finish of the year, expanding U.S. markets and new international ones, ancillary firms such as Wikileaf should really garner much more focus as cannabis goods evolve into a complete variety of customer packaged goods.”
-Chuck Rifici, Chair, Wikileaf
Wikileaf is a price tag comparison platform for recreational and medicinal cannabis buyers. Wikileaf delivers buyers with immediate price tag comparison amongst dispensaries in their quick vicinity. It is a portfolio business of Nesta Holding Co. Ltd. (“Nesta”), a private equity firm focused on the worldwide cannabis sector. 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-searching statements” and particular “forward-searching information and facts” as defined below applicable Canadian securities laws. Forward-searching statements and information and facts can typically be identified by the use of forward-searching terminology such as “could”, “will”, “anticipate”, “intend”, “estimate”, “anticipate”, “think”, “continue”, “plans” or related terminology. Forward-searching statements and information and facts incorporate, 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-searching statements and information and facts are primarily based on forecasts of future outcomes, estimates of amounts not however determinable and assumptions that, whilst believed by management to be affordable, are inherently topic to substantial business enterprise, financial and competitive uncertainties and contingencies. Forward-searching statements and information and facts are topic to several recognized and unknown dangers and uncertainties, several of which are beyond the capability of the Firm to handle or predict, that could trigger the Company’s actual outcomes, efficiency or achievements to be materially distinctive from these expressed or implied thereby, and are created primarily based on assumptions about such dangers, uncertainties and other elements set out herein, such as but not restricted to: the inherent dangers involved in the basic securities markets uncertainties relating to the availability and expenses of financing required in the future the inherent uncertainty of expense estimates and the prospective for unexpected expenses and costs, currency fluctuations regulatory restrictions, liability, competitors, loss of important personnel and other associated dangers and uncertainties. The Firm undertakes no obligation to update forward-searching information and facts except as expected by applicable law. Such forward-searching information and facts represents management’s greatest judgment primarily based on information and facts at present obtainable. No forward-searching statement can be assured and actual future outcomes could differ materially. Accordingly, readers are advised not to spot undue reliance on forward-searching 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 specifications of the CSE, such as customary deliverables in satisfaction of the conditional approval.
For much more information and facts about Wikileaf, please take a look at www.wikileaf.com, or comply with us on Twitter @Wiki_Leaf, Instagram @wiki_leaf, Facebook @Wikileaf and YouTube Wikileaf.
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Supply: Wikileaf Technologies Inc.