Bayport International Holdings, Inc. Looking to acquire Cannabis Tech, Evaluating Multiple Acquisition Targets in the Cannabis Industry
Bayport International Holdings, Inc. (OTCP:BAYP) is pleased to announce it is currently searching for acquisition targets within the cannabis technology industry. Bayport is currently in the process of evaluating multiple potential acquisition targets.
A couple of the opportunities that have been presented to us are in the cannabis industry and one option in particular is very attractive to us due to the scalability, the national reach and the revenue potential.”
Bayport International Holdings, Inc. is a company that up until late 2016 was focused primarily on precious metals, rare earth and oil and gas ventures. However, in late 2016, the company decided to refocus its focus to capture the incredible growth within the cannabis technology industry.
Clay Franks added, "The cannabis industry for the most part is still in its infancy. Multiple states already allow medical marijuana and several now allow recreational products as well. One of the options we’ve been presented has staying power for the long term and the risk vs reward if off the charts. We are excited about what we’ve seen to date and feel strongly that a separate division focused on the cannabis industry will create a long term benefit for the company and our shareholders.”
It’s Bayport attention to seek and acquire Legal Cannabis Tech sector acquisitions now and in the future to continue shareholder growth. This includes to further contribute to Weedwiser growth and development and marketing with new addition to additional platforms and applications to keep up with industry competitions.
About Bayport International Holdings, Inc. (OTC Pink: BAYP)
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry, through the Weedwiser.com digital platform. Learn more about Weedwiser by visiting www.weedwiser.com. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders. For more information, visit our website at www.bayportholdings.com.
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified using forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
www.bayportholdings.com
Email: info@bayportholdings.com
Investor Relations Contact:
Spotlight Growth
Matt Rego
mrego@spotlightgrowth.com