VANCOUVER, April 2, 2019 /CNW/ - BLOCKStrain Technology
Corp. (TSX:V: DNAX.V) (OTC: BKKSF) ("BLOCKStrain"), creator of the
first Blockchain-secured, fully-integrated IP tracking platform for
the cannabis industry, announced its software suite has been
nominated for "Best Software" at the O'Cannabiz Industry Awards
Gala on Thursday, April 25th
2019.
"BLOCKStrain's mission is to provide Licensed Producers, craft
growers, cannabis-product developers and of course, consumers, with
a high level of confidence in the quality and contents of their
cannabis-based products." said Chief Executive Officer,
Robert Galarza. "We take pride in
having developed what we believe is a comprehensive, best-in-class
platform and are honoured to be included as a nominee in the
category of 'Best Software' at this premier event, presented by one
of Canada's most highly-regarded
business-to-business cannabis conferences."
The Gala, which will be held during the O'Cannabiz conference,
taking place from April 25 to 27,
2019 in Toronto, is a
celebration and exclusive event to recognize the industry's best
professionals and products in 35 categories. Registered voters will
only be able to vote once, per email address, during the voting
period, which closes at 12:00 p.m. Eastern
time (9:00 a.m. Pacific time)
on April 3, 2019. Once registered,
voter information will be stored in the O'Cannabiz database so
users may come back and complete their voting at their leisure
(until voting closes on April 03,
2019).
All winners will be announced live at the The O'Cannabiz
Industry Awards Gala.
About BLOCKStrain:
BLOCKStrain has developed the
first integrated blockchain platform to register and track
intellectual property in the cannabis industry. BLOCKStrain's
technology allows cannabis growers and breeders to identify and
secure rights to their intellectual property and also streamlines
the administrative process and reduces the costs of genetic and
mandatory quality-control testing for legal cannabis. BLOCKStrain's
technology is proprietary, immutable and cryptographically secure,
thereby establishing a single-source, accurate, validated and
permanent account for cannabis strains from ownership to
market.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking
statements, which reflect the expectations of management regarding
the Company's future business plans. Forward-looking statements
consist of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Forward looking statements in this news
release include statements relating to: the expected benefits of,
and impact on, the cannabis industry as a result of BLOCKStrain's
technology; and the Company's anticipation of gaining considerable
traction in the market. Such statements are based on management's
current assumptions with respect to the regulatory environment for
cannabis, the expected applications of its technology and other
factors, and are subject to various risks and uncertainties that
may cause actual results, performance or developments to differ
materially from those contained in the statements, including that:
BLOCKStrain's platform may not operate as expected; the cannabis
industry may not adopt the BLOCKStrain platform to the level
expected; legislative changes may occur that negatively impact
BLOCKStrain's business; BLOCKStrain's platform may not adequately
protect users' intellectual property; and other factors beyond the
Company's control. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from them.
Readers are urged to consider these factors carefully in evaluating
the forward-looking statements contained in this news release and
are cautioned not to place undue reliance on such forward-looking
statements, which are qualified in their entirety by these
cautionary statements. These forward-looking statements are made as
of the date hereof and the Company disclaims any intent or
obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or results or
otherwise, except as required by applicable securities
laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE BLOCKStrain Technology Corp.