Business
Metatron (MRNJ) Signs Letter of Intent with PetMojo.com for App Development of CBD Products
Metatron (MRNJ) Signs Letter of Intent with PetMojo.com for App Development of CBD Products.
About this update from Metatron Inc
[{"type":"text","content":"\n \n Metatron (OTC:MRNJ), a mobile and web technology pioneer having \n developed over 2,000 apps on iTunes and Google Play, today announced \n that it has entered into a non-binding letter of intent to develop a \n mobile presence to sell CBD-related pet products for PetMojo.com.\n \n \n The team behind PetMojo has over 20 years experience in eCommerce and 15 \n years experience running luxury pet services businesses in Orange \n County, CA. Their direct relationship with thousands of caring pet \n owners has given them the opportunity to identify the growing need for \n high quality hemp oil products designed exclusively for pets, and their \n background in online marketing provides the know-how to take their \n vision nationwide.\n \n \n Pet-and-animal product CBD sales are estimated to reach $125 million by \n 2022, representing a 5-year CAGR of 57 percent, among the \n fastest-growing sectors in the CBD market. Most hemp-derived, \n pet-and-animal sales occur via the internet, as traditional mass-market \n pet retailers are yet to carry the products.\n \n \n In 2018, the Farm Bill was signed into law and removed hemp from the \n Controlled Substances Act, clarifying hemp’s legal status in the U.S. \n Consumers across the country can now purchase CBD products in stores and \n online.\n \n \n In other recent news, Metatron released Holo Ball with Krave Games LLC \n and is currently available on the iTunes app store with a 4.5 star \n rating. The free ad-supported game can be downloaded at http://bit.ly/HoloBallFree. \n The Company is also developing and planning to release two more mobile \n arcade games in the next few months.\n \n \n PetMojo.com\n \n \n Metatron apps:iTunes: http://bit.ly/MRNJappsGoogle \n Play: http://bit.ly/1O64fX9\n \n \n Social Media:Facebook:http://www.facebook.com/metatronincTwitter: \n http://twitter.com/metatroninc\n \n \n News: http://metatroninc.com/blogSmokeShopandGifts.comkravegames.com\n \n \n Forward-Looking Statements: Any statements made in this press release \n which are not historical facts contain certain forward-looking \n statements, as such term is defined in the Private Litigation Reform Act \n of 1995, concerning potential developments affecting the business, \n prospects, financial condition and other aspects of the company to which \n this release pertains. These forward-loo...