Trimax Corporation enters Cannabis Sector | CashCropToday
0 Shares 132 Views

Trimax Corporation enters Cannabis Sector

February 22, 2018
132 Views

On February 21, 2018, Trimax Corporation, Inc. (OTC PINK: TMXN), a holding corporation, announced it had officially entered into the cannabis space by signing a definitive agreement to acquire 100% of the assets of Omega Tech Inc. operating under the name Recreational Dispensary.  RecreationalDispensary.com is an online portal that connects cannabis consumers with dispensaries or storefronts based on the user’s geographic location.  Through RecreationalDispensary.com, consumers over 21 years of age are able to create an account, verify their identity, browse a dispensary, place an order, and have it delivered (or available for pickup in-store) while shops can create their own storefront profile, upload their product line images, prices, and contact information and even increase exposure with paid banner ads.

Together, the companies plan to continue with expansion plans in California, enter into the Canadian market and (over the next several months) exploit the 30 plus states that have already legalized marijuana in the U.S.  The state of Vermont was the first state to pass legislation in 2018 for recreational sales with an additional 12 states in the process of passing legislation to do the same.

Hugo Saavedra, CEO of Trimax Corp., gained instant popularity (along with his wife Debra) for their all-natural body care product line (“Saavy Naturals, Inc.) after being spotlighted and appearing on ABC’s hit show Shark Tank.  Trimax Corp. is now adding RecreationalDispensary.com as another wholly held subsidiary alongside
its wildly successful Saavy Naturals, Inc.

You may be interested

Canopy River Begins Trading on the Toronto Stock Exchange (TSX)
Market Watch
16 views
Market Watch
16 views

Canopy River Begins Trading on the Toronto Stock Exchange (TSX)

Editor - September 21, 2018

Yesterday, Canopy Rivers Inc. (TSXV:RIV) announced that their company has began trading on the TSX Venture Exchange under the ticker symbol RIV. The company works in conjunction with…

Aurora Cannabis in Discussions with Coca-Cola to Produce CBD Infused Beverages
Market Watch
99 views
Market Watch
99 views

Aurora Cannabis in Discussions with Coca-Cola to Produce CBD Infused Beverages

Editor - September 20, 2018

In a press release this week, Aurora Cannabis (TSX: ACB) (OTCQB: ACBFF) confirmed that it has entered into the beginning stages of negotiations with beverage conglomerate Coca-Cola to…

Australian CBD Company Elixinol Begins Trading on OTCQX
Market Watch
68 views
Market Watch
68 views

Australian CBD Company Elixinol Begins Trading on OTCQX

Editor - September 19, 2018

Yesterday, international hemp-derived CBD company Elixinol (ASX: EXL) began trading on the OTCQX, a U.S. based stock market exchange, under the ticker symbol ELLXF. The company is…

Leave a Comment

Your email address will not be published.

Most from this category

%d bloggers like this: