HICKSVILLE, NY--(NewMediaWire - May 16, 2017) - Canbiola,
Inc. (OTC
PINK: CANB) announced today the company has effected a
name change to Canbiola, Inc. and effective today will begin
trading under symbol CANB. This change is to reflect the shift in
the company's business focus to wholesale and retail distribution
of a variety of Cannabidiol (CBD) based products intended to
include oils, creams, moisturizers, chews, vapes, isolate, gel
caps, concentrate and water. Direct to consumer sales will be
through our new website, www.canbiola.com -- currently pre orders
are being taken with shipping commencement expected on May 25th of
this year.
The company maintains its technological products, Wrapmail and
Prosperity/Bullseye, and will work to integrate these products into
the sales and distribution process for the company's CBD
products.
Mr. Marco Alfonsi, CEO of Canbiola, stated, "It was a clear choice to
enter the fast growing CBD and medical cannabis industry; however,
after reviewing many initial transactions in this space, the
company decided it was in the best interest of our shareholders to
launch independently and seek to grow both organically and through
potential future acquisitions." He added, "I'm extraordinarily
excited about this new venture, and it's with great determination
and a renewed vigor we embark down this path."
About Canbiola, Inc.
Canbiola, Inc. is a public company trading
under symbol CANB
Canbiola, Inc. is a US Company embarking
in the sale of a variety of Cannabidiol (CBD) based products.
Canbiola is in the process of developing its own line of
proprietary products as well as seeking synergistic value through
acquisitions in the CBD and the medical cannabis industry. Cannabis
is currently federally illegal and has legalized for medical
purposes in some form in a limited number of states.
The company also owns two technological solutions, Wrapmail
(US Patent 8,572,275), which turns traditional email into a
powerful marketing and branding tool, as well Prosperity Systems
and the Bullseye platform of document management and compliance
targeted at broker dealers, public companies, and governmental
agencies providing a flawless all-in-one solution for document
management, retention and compliance.
Forward looking statements and risks and uncertainties
Matters discussed in this press release contain forward-looking
statements. The words "anticipate," "believe," "estimate," "may,"
"intend," "expect," and similar expressions identify such
forward-looking statements. Expected, actual results, performance,
or achievements could differ materially from those contemplated,
expressed, or implied by the forward-looking statements contained
herein. Forward-looking statements are subject to a number of risks
and uncertainties, including but not limited to, risks and
uncertainties associated with, among other things, the impact of
economic, competitive, and other factors affecting our operations,
markets, products, and performance. The matters discussed herein
should not be construed in any way, shape or manner of our future
financial condition or stock price. For more complete information
regarding our business at Canbiola.
Twitter
Facebook