Things are changing at Digital Utilities Ventures, Inc. (PK:DUTV) and we wanted to take a moment to acknowledge our long-term shareholders and provide you with an update on where we are taking the company under new management. The Cannabis industry is growing exponentially as states across the nation legalize both medical and recreational use. It’s not a stretch to consider growth in the cannabis industry a modern- day Gold Rush.
As with the actual Gold Rush, there are both good opportunities and those that are too good to be true. We have been working diligently for many months to find the best long-term opportunities for profitability and growth, but also stability. Currently, federal laws are out of alignment with the state push for legalization, the risk in the marketplace is uncomfortably high. For this reason, we are focusing our near-term goals on bringing CBDs, hemp products and medical cannabis to market. To achieve these goals we have been diligently securing strategic and exclusive partnerships for a range of products that we feel will remain viable in all states, regardless of federal law. We are positioning ourselves in both existing and burgeoning markets so that we have evergreen product placement, which provide a level of security for both our company and our shareholders.
While we are taking a more pragmatic approach to entering the cannabis market, our underlying corporate philosophy is Seed to Storefront. Our long-term goal is to control all aspects of the supply chain to maximize profitability and innovation. Even though it may seem like a sudden shift in direction for the company, we have been planning, strategizing and working on deals for almost a year. It’s just now that we have all the pieces in place and can bring news to you, our shareholders, of our exciting new direction.
We hope you feel encouraged and enthusiastic about our new direction. We want our investors to understand that his is a long-term, far reaching plan that will bring Digital Utilities Ventures, Inc. into a growth market for many years to come. Our team of seasoned professionals will bring years of experience and networking to the table for the benefit of this organization. We are truly excited to bring new life to this company and we look forward to releasing the details of what’s next for DUTV over the coming weeks and months.