(TheNewswire)
Calgary, Alberta / TheNewswire / August 22, 2018 – Labrador Technologies Inc.
("Labrador" or the "Corporation") (TSXV: “LTX”) announces
that it has developed its Lifestyle APP prototype for its Cannaverse ecosystem. The Lifestyle APP is an integral part
of Labrador’s plan to collect data from a cross-section of incentivized cannabis participants, with the Lifestyle APP focusing on
the cannabis customer. After sanitizing the data to protect its confidential information, Cannaverse’s artificial
intelligence will derive vital insights for consumers, businesses, and medical researchers. The Lifestyle APP opens the door
for sizable advertising revenue, in a market where advertising is strictly regulated. As well, the sanitized data collected
will be repackaged into customized reports, and sold inside and outside of the cannabis industry.
“Every industry participant wants to know what the consumer desires”, says Labrador’s Ron Sterne. “The revenue for every silo
of the industry depends on the consumers’ likes and dislikes, and our goal is to have the data that identifies what those
are.”
Labrador has over three decades of experience managing and reporting on proprietary data, and is well
positioned to aggregate, analyze, and protect the highly confidential data associated with the cannabis industry.
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About Labrador Technologies
Labrador Technologies is a Calgary, Alberta based software development firm providing map-based solutions for
industries seeking a visual interpretation of financial reporting. Over the past six months, Labrador has expanded its vision
beyond Oil & Gas to include the cannabis industry.
For more information contact:
Ms. Kelby Price
T: 403-613-2511
E: kelby@labradortechnologies.com
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
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