Thursday, January 17, 2019 10:47:30 AM
Bayport remains extremely active in its cannabis technology ventures. In late December 2018, management decided to consolidate its WeedWiser and Ecannago platforms, under the Ecannago name. The reasoning was the growing issue of illegal cannabis operators trying to utilize Weedwiser in an attempt to look like legitimate legal cannabis companies. While it was viable to manually delete these accounts early on, the sheer volume became too much to handle and thus the decision was made to consolidate the platforms.
Management is still very active and excited about the opportunities in the cannabis technology industry, particularly now that industrial hemp is legal in the United States. Further announcements and details on development on the newly combined Ecannago are expected to be out shortly. In addition, management is considering options with regards to the Weedwiser.com domain. Bayport may look to capitalize on a sale of the domain, if findings conclude there is value in Weedwiser.com.nd interesting; good luck bayp;mo
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