BEVERLY HILLS, Calif.,
July 17, 2014 /PRNewswire/ --
Cannabis Capital Corp. (OTCBB: CBCA) is a global acquisition-based
conglomerate targeting five primary industries: High-Tech
Incubation, Drug Development, Entertainment/Media, Education, and
Financial Services. The Company is pleased to announce that
its Board of Directors has selected the name Crown Baus Capital
Corp. to better reflect the company's existing and prospective
ventures in these five business sectors. Simultaneous with
this announcement of the corporate name change, the Company's
website www.crownbaus.com has been launched.
The name change began with appropriate regulatory filings with
the Office of the Nevada Secretary
of State and the name change is currently before the Financial
Industry Regulatory Authority (FINRA). No symbol change is
anticipated. Further, the Crown Baus Capital Corp. name
change will have no effect on the Company's share structure or
corporate organization.
The Company recently acquired WebCongress, Inc. as a
wholly-owned subsidiary. WebCongress produces global digital
marketing and strategy events, including high-tech educational and
consulting programs, attracting technology professionals from
start-ups to Fortune 100 corporations, including such companies as
Google, Facebook, Twitter, YouTube, Spotify, Blackberry, Microsoft,
Skype, Samsung, Intel, and Ericsson.
CBCA has also partnered in the expanding Medical Marijuana
Industry seeking to finance FDA-level drug research and development
with companies such as Cannabis Science, Inc. (CBIS).
Cannabis Science has already demonstrated success with
self-medicating cannabis patients suffering from various cancers,
and Crown Baus intends to invest to support groundbreaking clinical
trials to further this success.
Crown Baus is also establishing financial and partnership
relationships in the media and entertainment sector. Final
negotiations are underway for the Company to purchase an
incubator-status television network, a movie studio, and a record
label to support its aggressive media exposure department.
President & CEO of Crown Baus Capital Corp., Chad S. Johnson, Esq., stated, "The Company will
be persistent in pursuing new opportunities and partnerships within
multiple growth industries, identifying synergistic relationships
across sectors with a high growth strategy."
About Crown Baus Capital Corp.
Crown Baus Capital Corp. (CBCA) is a global acquisition-based
conglomerate targeting five primary industries: High-Tech
Incubation, Drug Development, Entertainment/Media, Education, and
Financial Services. The Company is based in the United States but is already operating
globally through its subsidiary, WebCongress, Inc., and Company
partners. Crown Baus seeks to add shareholder value through
cross-industry synergies and strategic growth.
Forward Looking Statements
This Press Release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. A statement containing
words such as "anticipate," "seek," intend," "believe," "estimate,"
"expect," "project," "plan," or similar phrases may be deemed
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Some or all of the events
or results anticipated by these forward-looking statements may not
occur. Crown Baus Capital Corp. does not undertake any duty nor
does it intend to update the results of these forward-looking
statements.
Crown Baus Capital Corp.
Chad S. Johnson, Esq., Director,
President & CEO
www.crownbaus.com
info@crownbaus.com
+1 866.784.7239
Investment Inquiries
Robert Kane, Director & CFO
robert.kane@crownbaus.com
+1 561.420.4824
SOURCE Cannabis Capital Corp.