Dallas, TX -- January 23, 2018 -- InvestorsHub
NewsWire -- Bayport International Holdings, Inc. (OTC Pink: BAYP)
is pleased to announce that its sales purchase agreement with
420skybnb.com has officially begun closing and is expected to be
fully-executed within the next ten days. This will allow Bayport to
have a minority interest within the cannabis tourism technology
platform, further diversifying the company’s cannabis technology
ecosystem.
Once the 420skybnb purchase agreement is fully-executed, Bayport
International will have three cannabis technology platforms:
- Weedwiser.com: platform that allows consumers
and entrepreneurs to find cannabis merchants. E-commerce platform
continues development, more details shortly.
Ecannago.com: platform that will provide a
wide range of tools for cannabis companies to advertise, list,
market, and sell their brand of products. Platform is currently
under construction.
420skybnb.com: platform that focuses on
cannabis tourism and travel accommodations. Connecting cannabis
travelers with approved hosts for short-term renting.
On January 22, 2018, Vermont officially became the
ninth US State to have legalized recreational cannabis use for
adults. Vermont Governor Phil Scott signed the bill into law, which
will take effect on July 1, 2018. Under the new laws, adults will
be allowed to possess up to 1 ounce of cannabis, two mature and
four immature plants. Vermont becomes the first state to legalize
recreational cannabis through the legislature.
As the recreational cannabis market continues to expand in 2018,
cannabis tourism is expected to surge as a result. This shows that
420skybnb is in a very high-growth sub-segment of the cannabis
industry, which still remains in its very early stages.
About Bayport International Holdings, Inc. (OTC
PINK: BAYP):
Bayport International Holdings, Inc. is a holding company active
within the cannabis technology industry. Through
its Weedwiser.com and Ecannago.com digital platforms, the
company seeks to be a leader in the emerging cannabis technology
industry. Furthermore, the company is currently evaluating
acquisitions within the industry. Learn more about the company by
visiting http://www.weedwiser.com, www.ecannago.com and
www.baypcanna.com.
Safe Harbor
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of Bayport International Holdings, its directors or
its officers with respect to, among other things: (i) financing
plans; (ii) trends affecting its financial condition or results of
operations; (iii) growth strategy and operating strategy. The words
"may," "would," "will," "expect," "estimate," "can," "believe,"
"potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond Bayport International
Holding's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors. More information about the
potential factors that could affect the business and financial
results is and will be included in Bayport International Holding's
filings with the Securities and Exchange Commission.
Contact: Bayport International Holdings, Inc.3838 Oak Lawn Avenue Suite 1000 Dallas, Texas 75219 Phone: 888-574-5505 www.baypcanna.com Investor Relations Contact: Spotlight Growth Matt Regomrego@spotlightgrowth.com