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CannaOne Technologies Inc. (CSE:CNNA) New Listing

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The company is engaged in the business of developing and marketing a software technology platform for the Canadian cannabis industry. CannaOne’s flagship product, BloomKit, is a cloud-based solution.

Additional Information:

Company: CannaOne Technologies Inc.
Website: http://www.CannaOneTechnologies.com
Stock Symbol: CSE: CNNA
Date Published: Nov 21, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

CannaOne Technologies Inc. is one of the latest new listing on the Canadian Securities Exchange, trading under the symbol “CNNA”.

The company is engaged in the business of developing and marketing a software technology platform for the Canadian cannabis industry.

CannaOne’s flagship product, BloomKit, is a cloud-based solution.

This initial platform will include templates for online and physical recreational cannabis dispensaries.

Management anticipates that templates for medical dispensaries, wholesalers and growers will be included in subsequent expansions of the BloomKit platform.

Each template is designed to enable users to quickly and easily add their own logos and pictures to create the feel of a customized website at a fraction of the cost.

BloomKit’s inventory management system tracks ounces and grams using automated weight conversion to ensure inventory needs are met, with all inventory tracked in real-time.

As the company commercializes BloomKit, its associated data engine will collect, store and sort all the data created by users.

Using intelligent machine learning to analyze this data, the company aims to provide users with detailed industry business intelligence and, ultimately, predictive analytics.

Given the highly regulated nature of the cannabis industry, BloomKit is designed with multiple levels of security and access control and can be easily configured for customers in different regulatory environments.

The company raised gross proceeds of $500,000 through an IPO of 1,250,000 shares priced at $0.40 per share.

Leede Jones Gable Inc. acted as agent for the IPO.

The shares are currently trading at $0.60.

For more information, please visit the company’s website www.CannaOneTechnologies.com, contact Solomon Riby-Williams, CEO, at 604-559-8893 or email info@bloomkit.co.

I’m Samantha Deutscher for Investmentpitch Media