Thursday, November 24, 2016 12:00:01 AM
$LATF @_PennyMachine_ $$Good read. Must read $LATF A reverse merger in the works $That explain recent volume.$ @MMJStocks @Cannabis_Stock pic.twitter.com/XxtnPuMwQF
— Stephen s (@Stephen2181971) November 9, 2016
Expansion of Cannabis Advertising Platform and Business Solutions.DRNK Retires 2.5 Billion of Common Shares https://t.co/RBmliyJd1u
— Stephen s (@Stephen2181971) November 24, 2016
"We attended the Marijuana Business Conference & Expo in Las Vegas last week and the company had several high-level meetings with a number of firms to discuss potential acquisitions and product sales," stated CEO David Mersky, Chief Executive Officer of NOHO, Inc.
"As a result of these meetings, the Company's Board of Directors has agreed to form a major division that will focus on the development of specialized advertising platforms designed for the Cannabis industry. Further, we will expand our offerings of industry products, financial tools and services, including software. Such highly focused targeting within the Cannabis sector will speed up our acquisition efforts. We are currently in talks with companies situated in California, Colorado and Oregon."
Currently the Company has negotiated letters of intent to acquire the assets of two companies:
- Essential Marketing Systems, LLC, of Scottsdale, Arizona
- ChoiceAdz.com, Inc., operating as BizConnect360.com, of Yorba Linda, California.
ChoiceAdz.com has already done $350,000 in revenue in 2016 and is operating profitably. Its projected revenue for 2017 is well beyond $1,800,000.
These companies presently operate in the advertising technology space and the acquisitions will expand the Company's product lines to offer customers a bundled suite of advertising and business services from a streamlined and direct platform.
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