Santo Mining Corp. Enters LOI for Strategic Joint Venture

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Santo Mining Corp. Enters LOI for Strategic Joint Venture with Planta Vida




Santo Mining Corp., signed LOI with Planta Vida S.A.S., for a strategic joint venture, to create a 4th industrial revolution ecosystem for the cannabis industry




Santo Mining Corp. (OTCMKTS:SANP)




If Math is God’s universal language, Blockchain is his commerce and Bitcoin his currency.”— Frank Yglesias-Bertheau




MEDELLIN, ANTOQUIA, COLOMBIA, August 24, 2023/


EINPresswire.com/ -- Santo Mining Corp., d.b.a. Santo Blockchain Labs (OTC PINK:SANP) a vertically integrated "BaaS" Blockchain-as-a-Service company annonces that,





the company has successfully entered into a letter of intent (LOI) to establish a joint venture with Planta Vida S.A.S. According to the terms outlined in the LOI, both entities will collaborate on creating a term sheet for a definitive agreement, no latter then the end of September.





This joint venture will leverage Planta Vida's expertise in the cannabis sector and combine it with Santo's proficiency in blockchain software development. The ultimate aim of this partnership is to establish a fully integrated enterprise that focuses on the fourth industrial revolution within the cannabis industry.







Frank Yglesias, the CEO of Santo, remarked, "Building upon the progress achieved through our earlier applications such as Voycare, DNATags, Skullys, and Chimba Blockchain,


we intend to harness the power of these applications, along with AI, Data Analytics, and IoT. This combined capability will enable us to establish a subscription-based model tailored for the entire cannabis industry.


This model will encompass various stages ranging from cultivation, manufacturing, laboratory processes, logistics, social media engagement, and extend all the way to the end retail consumer."









ABOUT PLANTA VIDA :

With 116 hectares of land licensed directly to Planta Vida for psychoactive and non psychoactive cannabis cultivation in Yacopi, Cundinamarca, Colombia.


The Planta Vida SAS project dedicated to implement strategic social business, bringing safe, natural and ecologically friendly wellness products to the emerging


cannabis business with the goal of provide work and social benefits to the community, such as education, unemployment, health, housing and security.


https://plantavida.co/









ABOUT SANTO BLOCKCHAIN LABS:

(https://santoblockchain.com/) The Company is a vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end "BaaS" Blockchain-as-a-Service, similar to software-as-a-service, blockchain as a service lets businesses get applications up and running with minimal hassle.







FRANJOSE YGLESIAS
Santo Mining Corp

+1 808-807-5212
frank@sanp.us

Visit us on social media:
https://twitter.com/santoblockchain





https://www.einpresswire.com/article/65174317...lanta-vida


















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