Mentor Capital, Inc. (OTC Markets: MNTR) announced today that one of its
portfolio company holdings, MicroCannaBiz, LLC, has officially
launched its latest publication, the online National Directory of
Cannabis Products and Services. The business-to-business directory
covers all marijuana-related companies with direct or indirect business
participation in the medical and recreational marijuana industry,
including third party product and service providers as well as
associations, industry organizations and not-for-profit organizations.
The platform provides a broad and detailed array of information,
displays advertising banners and allows for specialized database
marketing programs. The directory has over 4,500 listed cannabis
companies distributed across twenty-two industry classifications. There
is no cost for medical marijuana or casual use cannabis organizations to
be included as a listing. MicroCannaBiz has begun to monetize its
efforts as businesses purchase specialized listing, advertising or
subscribe for ongoing access to the directory.
According to David W. Dube, MicroCannaBiz Chairman, “We are
extremely pleased to have launched this comprehensive first of its kind
publication for the cannabis industry and are excited about the early
industry and market acceptance. We have also commenced with the
development of a consumer and a conference related publication to
solidify our market position as a leading publisher of information for
the cannabis industry.”
Chet Billingsley, CEO of Mentor Capital, concludes, “It is especially
gratifying to provide funding for a worthwhile project from two blank
sheets of paper on through to a successful product launch. Our guidance
now focuses on maximizing return from this majority owned subsidiary to
our shareholders.”
Additional information on MicroCannaBiz, LLC, including other
publications and services is available at www.MicroCannaBiz.com.
About Mentor Capital: By acquisition or stock purchase, Mentor
Capital, Inc. seeks to invest in leading cannabis companies. Additional
important information for investors and founders seeking expansion
funding is presented at: www.MentorCapital.com
This press release is neither an offer to sell, nor a solicitation of
offers to purchase, securities.
Forward Looking Statements: This press release contains
forward-looking statements within the meaning of the federal securities
laws, including statements concerning financial projections, financing
activities, corporate combinations, product development activities and
sales and licensing activities. Such forward-looking statements
are not guarantees of future results or performance, are sometimes
identified by words of condition such as “should,” “could,” “expects,”
“may,” or “intends,” and are subject to a number of risks and
uncertainties, known and unknown, that could cause actual results to
differ materially from those intended or anticipated. Such risks
include, without limitation: nonperformance of investments, partner and
portfolio difficulties, potential delays in marketing and sales
activities, problems securing the necessary financing to continue
operations, problems encountered in commercializing cannabis products,
potential of competitive products, services, and technologies,
difficulties experienced in product development, difficulties in
recruiting knowledgeable personnel and potential problems in protecting
intellectual property. Further information concerning these and
other risks is included in the Company’s 15c2-11 filing which, along
with other very important information about the Company, can be found
here:
http://mentorcapital.com/disclosures/
The Company undertakes no obligation to update or revise such
forward-looking statements to reflect events or circumstances occurring
after the date of this press release.
Copyright Business Wire 2014