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Friday, October 28, 2016 11:06:25 PM
The engagement with North American Cannabis Holdings would bring Alternet into the burgeoning cannabis sector. Management anticipates an entry into the cannabis sector to pick-up Alternet’s overall business development pace. Negotiations with North American Cannabis Holdings include direct and collateral business arrangements expected to facilitate Alternet rapidly coming current in its financial reporting requirements.
In addition to Alternet’s comprehensive financial software industry experience, North American Cannabis Holdings specifically saw Alternet’s recent focus on data analytics as a potential differentiator in a retail cannabis payment system.
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