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Cannabis Kinetics Corp. Provides Additional Information Regarding The Big Tomato Acquisition and Expansion Strategy
[PR Newswire] - WESTMINSTER, Colo., Oct. 23, 2014 /PRNewswire/ -- Cannabis Kinetics Corp. (CANK) ("Cannabis Kinetics" or the "Company") an emerging fully integrated cannabis management company, is pleased to provide additional information regarding its recently announced acquisition of The Big Tomato, an established Denver area store, warehouse distribution facility, and online hydroponics and indoor garden supplier. "The acquisition of The Big Tomato hydroponics and indoor garden supply assets will give us a strong established business and brand foothold in a booming local industry that we envision can be leveraged as demand and access to legal marijuana and related products spreads across the country," stated Eric Hagen, CEO of Cannabis Kinetics Corp. "Like Cannabis Kinetics, The Big Tomato's equipment and supply business model doesn't include any actual growing, buying, or selling of marijuana, and so the business model and brand can easily and legally be expanded across state borders. This potential distribution network across multiple states will give Cannabis Kinetics significant advantages when marketing its own Monarch brand products like our Coco Coir that is currently in production and ready to be shipped in the very near future. It will also position Big Tomato's industry experts at the center of every marijuana friendly jurisdiction."
10/23/2014 05:00 AM

http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/cannabis-kinetics-corp-provides-additional-100000212.html