Business
Bud Genius Receives Funding Commitment from Angel Investor
Bud Genius Receives Funding Commitment from Angel Investor.
About this update from Rightsmile Inc
[{"type":"text","content":"\n \n Funding to establish Bud Genius’ (OTC:RIGH) new subsidiary, called \n Genius Biotech Corporation, was received last week, and an angel \n investment group has committed to putting in initial capital for the new \n project, which will more than double the scope of the company's business.\n \n \n Regarding the group of angel investors who have committed to putting in \n capital, Stanz said, “We think it was a great deal for the investors who \n put money into the project, and also will be a great deal for us. They \n were very demanding about wanting full reporting, audits, and internal \n financial controls. All of our shareholders will benefit from this.\"\n \n \n The funding commitment will pay for certain company expenses to be \n announced after paperwork has been signed.\n \n \n About Bud GeniusAn early leader in an industry that many \n are speculating will grow, Bud Genius is one of the first established \n analytical cannabis laboratories in the United States. Bud Genius was \n launched to bring vendors together with doctors, patients, and \n dispensaries that require certified products held to demanding \n standards. Bud Genius has a vision to expand across the US and abroad \n serving as the beacon of quality for medical cannabis and adult-use \n marijuana through the formation of regional laboratories. Certification, \n data collection, and online reports are the measure by which the company \n gains.\n \n \n For more information please visit:http://www.BudGenius.com\n \n \n The foregoing press announcement contains forward-looking statements \n that can be identified by such terminology such as \"believes,\" \n \"expects,\" \"potential,\" \"plans,\" \"suggests,\" \"may,\" \"should,\" \"could,\" \n \"intends,\" or similar expressions. Such forward-looking statements \n involve known and unknown risks, uncertainties and other factors that \n may cause the actual results to be materially different from any future \n results, performance or achievements expressed or implied by such \n statements. In particular, management's expectations could be affected \n by, among other things, uncertainties relating to our success in \n completing acquisitions, financing our operations, entering into \n strategic partnerships, engaging management and other matters disclosed \n by us in our public filings from time to...