CAPITAL AND EXPERTISE TO BE DEPLOYED TOWARD INNOVATIVE BUSINESS MODELS IN THE CANNABIS SECTOR WORLDWIDE AND TRANSFORMATIVE BLOCKCHAIN MODELS INCLUDING SELECT CRYPTOCURRENCIES
VANCOUVER, BC, CANADA (July 26th, 2019) – Codebase Ventures Inc. ("Codebase" or the "Company") (CSE: CODE - FSE: C5B – OTCQB: BKLLF), an investment company announces that its investment mandate going forward will include innovative business opportunities in the cannabis sector and blockchain technologies with select exposure to cryptocurrencies.
The Company’s blockchain and cryptocurrency investments are building significant momentum. As it relates to the cannabis industry, Codebase’s management has founded multiple publicly traded cannabis companies on Canadian exchanges, delivering significant returns to shareholders. With the growth of legal CBD and cannabis regions and countries worldwide, the Codebase’s relationships and experience puts the Company in a prime position to make strategic investments in companies at early stages of market development.
“The board and leadership of the Company have vast industry relationships in the cannabis and blockchain sectors,” said Mr. George Tsafalas, President and CEO. “We are seeing tremendous opportunities for growth in areas such as the UK and Europe, countries and regions that are where Canada was on its cannabis legalization pathway 5 – 7 years ago. We believe this is the time to invest in those markets in order to realize the largest possible gains going forward.”
“There are opportunities being considered in both blockchain and cannabis ventures that share multiple traits, including the entrepreneurial start up nature and inspired leaders with visions that have very high upside from an investment standpoint. Our team believes strongly that our expertise and capital can be added to these mixes to advance them tremendously,” added Mr. Tsafalas.
About Codebase Ventures Inc.
Codebase Ventures Inc. seeks early-stage investments in sectors that have significant upside. We seek innovators who are establishing tomorrow’s standards. We support those innovators and help take their ideas to market.
For further information, please contact:
George Tsafalas - Ivy Lu
Telephone: Toll-Free (877) 806-CODE (2633) or 1 (778) 806-5150
E-mail: [email protected]
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
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