ADHC had news American Diversified Holdings Corporation Agrees to Acquire www.CannaBusinessNow.com, a Cannabis Based Multi-Media Company
Fine Media Group to Co-Manage Development of CannaBusinessNow.com
DEL MAR, CA / ACCESSWIRE / March 20, 2017 / American Diversified Holding Corporation (OTC PINK: ADHC) announced today that they have reached an agreement to acquire www.CannaBusinessNow.com (CBN) from Fine Media Group, Inc., based in Del Mar, Ca. Fine Media Group publishes a luxury magazine and provides event management, fashion shows, and related services aimed at the super-affluent southern California luxury market. Fine Media Inc. will act as co-owner and development partner for CannaBusinessNow.com, "CBN."
"American Diversified Holdings Corporation came along at the just right time to provide us the financial support, managerial expertise, and industry contacts we need to a launch a first class media company focused on the Cannabis industry. Our team of journalists, graphic designers, and event hosting staff are busy at work developing the infrastructure to www.CannaBusinessNow.com. The site is now active, and we will be adding many more features and products to fully enable potential clients to expose their corporate vision to cannabis investors, business partners, and professional services providers. The inaugural issue of our hard copy publication is in production and should be ready for distribution in the near future," stated John Winfield, Founder of CannaBusinessNow.com
In addition to launching a print magazine and full suite of web based services, a major cannabis symposium is planned for late spring. Speakers include federal legislative and policy analysts from Washington DC, a Cannabis lawyer, a medical marijuana doctor, a cannabis researcher scientist, and a cannabis business analyst. Additionally, the symposium will offer an opportunity to cannabis related companies to pitch their story and display their technology to investors and other interested parties.
"CannaBusinessNow.com is the first of hopefully many business units that will be part of the ADHC family of cannabis businesses. Our management team envisions 'CBN' as a great platform to find additional cannabis companies that will benefit from our holding company strategy. Keeping informed on the latest political developments at the federal state and local level is clearly imperative to understanding this industry. The technology in the growing, processing, and packaging section of this emerging economy is rapidly evolving. These factor in addition to the massive recreational cannabis market in California, Colorado, Nevada, Washington, and Oregon, representing over 50 million people and another 100 million people in tourism, and create a compelling opportunity for ADHC shareholders," commented ADHC's management team.
ABOUT FINE MEDIA GROUP, INC.
FINE MEDIA GROUP is based in Del Mar, Ca., and is the publisher of Fine Magazine. For over 8 years, Fine Magazine has defined luxury throughout San Diego, Los Angeles, Palm Springs, and Orange County. Through innovation, creativity, and an eye for style, founders John and Heather Winfield have brought the allure and enjoyment of the luxury lifestyle with the right attitude. Whether its traditional print, web based marketing, or event management, Fine Media is the right choice for brand building and access to the luxury market. For more information, see www.FineSD.com.
CannaBusinessNow is a full-service cannabis branding agency, dedicated to working with cannabis companies in every aspect of development from start up to established firms. Crafting the story, creating the content both in print and web based, and then Connecting cannabis companies to investors, industry partners, and professional services advisors is the mission of CBN, resulting in prominence in brand awareness and corporate messenging. CannaBusinessNow provides print media, branding, SEO, social media, web analytics and event management to the Cannabis industry (www.CannabusinessNow.com).
ABOUT AMERICAN DIVERSIFIED HOLDINGS CORPORATE
ADHC is a publicly traded holding company providing executive management, corporate governance, administrative support, financial advisory services, investment capital sourcing, and regulatory affairs to both private and public companies. Please see www.otcmarkets.com for more information on ADHC corporate filings.
Safe Harbor Provisions
This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the Company's plans to change and are in no way intended to guarantee that the Company will be successful in executing its plans. American Diversified Holdings common stock currently trades on the over-the-counter "Pink Sheets" under the symbol ADHC. This press release in no way constitutes any recommendation regarding the securities of ADHC or its affiliates. Any person reading this press release is advised that this release should be considered in the light of all facts and circumstances regarding the business and financial condition and prospects of ADHC, and no reference has been made that this release contains all such information.
SOURCE: American Diversified Holding Corporation
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