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MYDX News Out...LA JOLLA, Calif., Oct. 31, 2016 (GLOBE NEWSWIRE) -- MyDx, Inc. (OTCQB:MYDX), a rapidly growing chemical detection company and makers of MyDx®, the first handheld chemical analyzer for consumers, today announced it will present at two, high profile investor conferences this month: the Web Summit in Lisbon, Portugal to be held from November 7-10, and the World of Cannabis Summit in Las Vegas from November 15-16.

Additionally, MyDx Chairman and Chief Executive Officer Daniel R. Yazbeck
will be attending the ArcView Group meetingNovember 14-15 in Las Vegas. ArcView is the legal cannabis industry's premier hub for ?investment, data and progress. Mr. Yazbeck is being featured in the new 2016 Cannabis Investor Study co-published and co-produced by ArcView Market Research and New Frontier Data. An investor member since 2013, he is one of only three cannabis company leaders featured with an "Entrepreneur Q&A" interview published in the 55-page Report.

"The Vote Heard Round the Word:" Cannabis Industry Anticipates November 8, Election

These upcoming events hold special importance as the cannabis industry is highly anticipating the November 8, vote in nine States with ballot initiatives to legalize cannabis in some regulatory form, five of whom including California are asking voters to approve recreational use.

The New York Times reports: "The market for both recreational and medicinal marijuana is projected to grow to $22 billion in four years from $7 billion this year if California says yes, according to projections by the ArcView Group, a company that links investors with cannabis companies.

"This is the vote heard round the world," said ArcView's chief executive, Troy Dayton
. "What we've seen before has been tiny compared to what we are going to see in California."

World of Cannabis Summit, Las Vegas

At the World of Cannabis Summit, MyDx will host a booth on the main exhibitor floor. Also, Mr. Yazbeck will present on the panel titled, "Funding your Business" on November 16, 2016 at 10:00 a.m. PST, where he will be joined by the other two panel members Keith McCarty
, CEO and Founder of Eaze, offering a leading cannabis delivery service App which just raised $13 million in its Series B round, and Randy Shipley
, President of MJIC, a leader in media and professional services in the cannabis industry.

There, Mr. Yazbeck will share his unique insights and expertise from his success leading MyDx from a crowdfunded startup to rapidly growing public company already nearing positive cash flow. For more information, visit: http://worldofcannabissummit.com/about/.

The Company last week announced it has launched its OrganaDx sensor chip. The Company's CannaDxTM Sensor chip enables consumers to test, analyze and evaluate cannabis for potency and composition of psychoactive, and non-psychoactive medicinal, chemical components. Its newly launched OrganaDx sensor enables consumers to test cannabis for safety. The groundwater under any crop may be contaminated and many growers, both indoor and outdoor, use pesticides or fertilizers that contain dangerous toxins as the media routinely confirms.

Web Summit, Lisbon, Portugal: "Europe's Largest Technology Marketplace"

Known as "Europe's Largest Technology Marketplace," the Web Summit is "home to many independent conferences" (https://websummit.net/). This event provides MyDx a unique opportunity to introduce its growing product line directly to a wide range of prospective partners and customers at the highest levels of industry and technology worldwide.

With over 50,000 tech CEOs, founders, startups, investors and political leaders already booked, a sampling of attending global brand luminaries includes: Facebook CMO Gary Briggs, Groupon CEO Rich Williams
, Spotify CMO Seth Farbman, Forbes President Mike Perlis
, Burning Man Project Founding Board Member Marian Goodell, Tinder Co-Founder and CEO Sean Rad
, and Google Ventures General Partner Tom Hulme. Cannabis Industry attendees include Merry Jane
& Stampede Founder and CEO Ted Chung
, and Privateer Holdings CEO Brendan Kenney
. For a complete list of featured attendees, visit https://websummit.net/speakers. Media covering this event include The Guardian, CNN Money, Bloomberg, Tech Crunch, Time Magazine, Wired Magazine and many others.

MyDx will host a booth in a Web Summit exhibitor hall throughout the conference. MyDx was also selected as 1 of 45 companies (1500+ startups attending) by an Independent Panel of IoT and Hardware Specialists to demonstrate its multi-purpose Analyzer, with smart phone app and its growing line of sensors, to a live audience of key global brands on the Web Summit Machine Demo Stage on Thursday, November 10 at 1:15 p.m. GMT.

MyDx: Brand Building at the Global Level

At all three conferences, a member of the MyDx team will be available to meet with institutional investors and industry leaders interested in collaborating on global distribution, marketing and other strategic ventures. To schedule a meeting, please contact Phillip Sugarman
at Investor Relations Partners, the Company's IR counsel of record, at 818-280-6800. http://www.nasdaq.com/press-release/mydx-attending-three-november-industry-and-investor-conferences-ceo-yazbeck-to-present-on-cannabis-20161031-00804