Bayport International Holdings, Inc. Announces Development of E-Commerce Platform For Weedwiser.com
2017年12月5日 - 10:46PM
InvestorsHub NewsWire
Dallas, TX -- December 05, 2017 -- InvestorsHub NewsWire -- Bayport
International Holdings, Inc. (OTC
Pink: BAYP) is currently developing and testing an
e-commerce functionality to its flagship cannabis technology
platform, Weedwiser.com. Soon consumers will be able to visit
Weedwiser.com and shop for legal cannabis-related apparel,
clothing, accessories, and more.
Bayport has already begun to work with vendors, distributors and
manufacturers of legal Cannabis products to provide a broad base of
consumer cannabis related products with a similar shopping
experience to Amazon, eBay, Target and many other large commercial
retail e-commerce sites.
The Company plans to launch the new add-on within the next
several weeks and is in the process of contacting distributors,
manufacturers, and other companies in order to build out its
digital store catalog. Through a lean drop shipping strategy.
President Clay Franks stated that, our goal is to have a
complete online catalog of selling upwards of 15,000 products
through the website by end of first quarter 2018. Although we would
start adding in products as soon as the development and launch is
complete.
Adding drop shipping e-commerce capabilities will allow Bayport
to begin monetizing Weedwiser without the need to maintain costly
overhead, warehouse maintenance, and other costs associated with
holding inventory. Instead, Weedwiser will connect consumers with
sellers and receive a commission for each sale that occurs on the
platform.
As an early indication of how the platform promises to create
synergies across the different business verticals, partner company:
Green link Financial will help facilitate the new merchant account
for the new Cannabis eCommerce platform soon to be incorporated
into weedwiser.com.
Bayport continues to put the finishing touches on its other
cannabis technology platform, which is expected to be unveiled
shortly. Recent research by Arcview Group puts industry growth at
26% annually for the foreseeable future. The transition to
recreational use in California, this January will drive a massive
shift of the user base especially with the focus of determining
whether THC and CBD (the components of cannabis) are viable
alternatives to opiates. Bayport will benefit from all of these
tidal shifts in the industry.
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
digital platform, 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 and http://www.bayportholdings.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 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
Bayport (CE) (USOTC:BAYP)
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