Monday, October 26, 2020 10:40:38 PM
Press Release | 10/26/2020
Farmhouse C.E.O. Evan Horowitz Provides Business Update
Farmhouse C.E.O. Evan Horowitz shares strategy shift that allows company to fully leverage the foundation it has built to connect the regulated cannabis and hemp markets.
SAN FRANCISCO, Oct. 26, 2020 - Farmhouse, Inc. has built a foundation through strategic acquisition of premium cannabis related domains and trademarks. These include blunt.com, extract.com and a successful trademark of @420. This foundation will enable Farmhouse, Inc. to continue connecting and providing transparency in the regulated cannabis industry.
During the COVID-19 crisis, Farmhouse, Inc. identified gaps in the marketplace and shifted its strategy to leveraging its @420 trademark and @420 Twitter handle to empower small to medium sized cannabis and hemp operators to drive revenue during the pandemic.
The company pivoted its @420 pitch, a Shark Tank style cannabis event, into an ongoing virtual accelerator program for cannabis startups that has led to numerous successful fundraising events and has helped the company to build an exciting equities portfolio along the way.
The @420 Twitter handle, with over 90k followers, and 5000+ Member cannabis social network, WeedClub, now provide a powerful advertising channel for companies to reach an untapped audience with their products and services.
With a renewed focus and newly effective S-1 filing, Farmhouse, Inc. continues to level the playing field for small to medium sized cannabis businesses while providing more transparency to the regulated cannabis industry as a whole.
Farmhouse, Inc. Co-Founder and CEO, Evan Horowitz said, Farmhouse is well positioned to both help its industry to scale by solving critical supply chain problems via our properties & to scale our own business for our Shareholders. New opportunities align well with our platform and software since we are focused on the supply chain, compliance, transparency and other kinds of best practices that will enable the industry to fully express its potential.
About Farmhouse
Farmhouse, Inc. leverages technology to connect the regulated cannabis industry. Its core product is WeedClub, a social network platform that allows its members to digitally network with actual vetted cannabis industry stakeholders. Its platform serves the professional cannabis and hemp industries, such as licensed growers, dispensers, laboratories, distributors, investors, accountants, lawyers, consultants, and others. Since being founded in 2014, the platform has grown to over 5,000 members.
About Evan Horowitz
Evan Horowitz is a tech entrepreneur and operator who successfully built and scaled a digital advertising company before becoming CEO of Farmhouse, Inc.
Forward Looking Statements
Farmhouse cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on Farmhouse's current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Farmhouse that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the fitness of the product for a particular application or market, the expectations of future revenue growth may not be realized, timing of orders and deliveries, ongoing demand for its software products and related services, the impact of global pandemics (including COVID-19) on the demand for its products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Registration Statement on Form S-1 and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
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