DENVER, CO--(NewMediaWire - Oct 19, 2016) - Ubiquitech
Software Corp. (OTC PINK: UBQU), with pending symbol and name change to
HempLife Today™, and the management of HempLife Today™, are
announcing its opinions and positions on how the upcoming November
elections can further benefit the company and the industry.
HempLife Today™ offers CBD derived from the hemp plant, and
under the 2014 Farm Bill, hemp and hemp derived products, are legal
to grow and market in the United States as long as certain state
requirements are met. HempLife Today™ and its CannazALL™ brand of
CBD products meet or exceed all of those requirements.
In addition, because CannazALL™ CBD products are well within the
legal limit of natural occurring THC, and some products are
completely THC free, the company legally offers its products in all
50 states via www.HempLifeToday.com, and its growing list of
Affiliates and other outlets. However, the more states that
legalize medical marijuana and bring awareness to the potential
benefits of Cannabis derived products the faster the industry will
grow, and companies like HempLife Today™ and its CannazALL™ brand
of CBD products experience this growth as well.
Therefore, the Company position on the upcoming elections is
extremely positive and the potential impact of the elections on
sales and awareness of its products cannot be understated. As,
regardless of the outcome of the voting, HempLife Today™ is poised
to get a direct and positive impact because of the additional
awareness of cannabis products. Especially products like CBD, in
which awareness will likely skyrocket.
"Every time there has been a vote on medical marijuana, and
regardless of the outcome, our company benefitted with a big spike
in sales with thousands of new customers joining
us," says CEO James Ballas. "Even though our
products are already legal in all 50 states, the new awareness
alone makes a huge impact on us, and, because we are so dominant in
our space, when new people hear about products like CBD most of
them end up on our site and become lasting
customers."
The Company bases its position on internal sales data and the
fact that approximately only 10% of the general population is
currently aware of CBD products and their potential health
benefits. This is up from 5% less than two years ago, with the
percentage of awareness growing through every election and through
industry news.
"Just imagine where we will be when 15%, 20%, 40% or more,
of the population becomes aware of our products and what they
offer," adds James Ballas. "We're talking about
potentially hundreds of thousands of new customers in the months
and years ahead, and all based on natural growth through media
awareness and the push from legalized products. It can only get
better for our company and growth."
Because of how uniquely UBQU is positioned in the market, the
company anticipates only a positive outcome from the upcoming
elections as HempLife Today™ not only serves the medical marijuana
base of CBD users, but also reaches further into the US population
by tapping into larger markets due to the legal nature of
CannazALL™ CBD products and their zero THC applications.
Some examples of the larger markets the Company serves, that the
medical marijuana industry cannot, are as follows:
- Clients living in a state where medical marijuana is still
illegal.
Clients who live in a state where getting a MMJ card is extremely
difficult to obtain.
Clients who don't want the psychoactive effect or "high" feeling of
THC marijuana products.
Clients who need a zero THC product due to workplace drug
testing.
Clients who simply don't want to be seen going into a
dispensary.
This significantly increases the market reach of Hemp derived
CannazALL™ CBD products as medical marijuana CBD products don't
have this important advantage. As mentioned, the Company is
uniquely positioned to capitalize on the awareness factor of
cannabis (since hemp is a cannabis plant), along with having an
important growth and awareness advantage that has been shown to
translate into rapid growth and sales.
"With more awareness comes more sales," adds Luke
Dreyer, senior management, "and we are in this for the
long haul. We don't base any of our decisions on one election or
one spike in sales. But, we look at what this trend will do for our
quarterly and annual growth, and we believe this election will have
the biggest long term impact on our company than anything
before."
The Company is looking at the upcoming elections to not only add
new customers throughout the rest of the year, but to continue
tapping into the massive publicity and awareness that the media
brings to cannabis products throughout 2017 and beyond. The Company
experienced incredible growth in 2014 based on similar
circumstances and sees the upcoming November elections as another
springboard to greater quarterly and annual sales as the company
continues its growth.
About Ubiquitech (HempLife Today™)
Ubiquitech Software Corp, through its subsidiaries is a dynamic
multi-media, multi-faceted corporation utilizing state-of-the-art
global internet marketing, Direct Response (DRTV) Television,
Radio, and traditional marketing, to drive traffic to the new and
emerging multi-billion dollar industries like its subsidiary
HempLifeToday.com™
HempLifeToday™ focuses on the exciting and dynamic new thinking
in the world today that recognizes the important health and life
enriching enhancement that CBD Oil from the Hemp plant can bring.
Through its network of quality USA growers HempLifeToday.com™ has
developed multiple and proprietary CannazALL™ CBD oil products that
include; It's popular CBD Tinctures, Oils, GelCaps, CBD Powder,
Skin Salve, Wax Crumble, and e-liquid, all offered @ www.HempLifeToday.com
This press release contains forward-looking statements. Words
such as "expects", "intends'', "believes'', and similar expressions
reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive
means of identifying such statements. These forward-looking
statements involve a number of risks and uncertainties, including
the timely development and market acceptance of products and
technologies, the ability to secure additional sources of finance,
the ability to reduce operating expenses, and other factors
described in the Company's filings with the OTC Markets Group. The
actual results that the Company achieves may differ materially from
any forward-looking statement due to such risks and uncertainties.
The Company undertakes no obligation to revise or update any
forward- looking statements in order to reflect events or
circumstances that may arise after the date of this release.