$UAMM a solution provider of cannabis ancillary pr
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Work is ongoing in the design and development of the company's cannabis ecosystem which will include free and premium ads, service provider finder, ecommerce store, profile database for professional networking, personal profile for social interaction, discussion forums and media channels. The ecosystem will consist of a collection of various websites and mobile apps.
The company is in the process of forming a new wholly owned subsidiary which will function as the main entity for the ecosystem. The entity will issue ERC20 utility tokens on the Ethereum blockchain which can be earned as customer and service rewards or purchased directly from the company. The tokens will be offered to all UA Multimedia's shareholders at a discount. Additional information of the tokens and procurement details will be provided in the near future. Pending successful development, the tokens will be listed to trade on several crypto exchanges later this year. Provides Development Update and Outlines Crypto Strategy https://www.nasdaq.com/press-release/ua-multi...0419-00668