Agritek (AGTK) Launches Joint Venture for Hemp Production & Research
Ryan Allway
September 15th, 2016
News, Top News
[stockchart symbol=AGTK]
Agritek Holdings Inc. [stockquote symbol=AGTK], a leader in compassionate care technology and agricultural solutions, recently announced a Joint Venture and Letter of Intent with a Colorado-based partner and license holder for unlimited hemp production. The two companies intend to collaborate on an indoor, controlled hemp grow for research and development of a leading line of organic hemp juices and wellness products.
“We have been able to get this venture off the ground with minimal investment dollars, and the value of having the Hemp cultivation license through our strategic partner and being able to control our own strains, research and provide the consistency of product quality through maintaining our own grow through this partnership will prove to be an invaluable asset to our Company’s future revenue growth,” stated B. Michael Friedman, CEO of Agritek Holdings, Inc.
The Colorado based partner to be named once the definitive agreement is executed within the next few weeks has a long history of cultivation of organic plants, fruits and vegetables. The Hemp grow and cultivation license which shall be under the umbrella as a subsidiary Company with Agritek as the principal investor shall allow the company to create and distribute new Hemp wellness brands and products with the utmost consistency through conducting internal research and perfection of Hemp strains through the planned research facility.
The Company recently announced its partnership with WoahStork.com (www.woahstork.com) a web based application allowing patients and recreational users in CA, CO, OR, and NV to electronically upload their government issued ID and medical marijuana recommendation, peruse a curated marketplace of nearby products, and place online orders with local dispensaries. The unique web based application is the first of its kind providing the encrypted storage of patient information, strain library and geographical location to medicinal and recreational cannabis providers in aforementioned legal jurisdictions while allowing for pre-ordering and surgical advertising on behalf of the client. WoahStork.com aims to be the “Amazon of Marijuana.”
Those patients seeking to immediately join the network and obtain rewards points for purchases or dispensaries seeking to take advantage of the application may join at the following links: for patients: http://goo.gl/278mCo; for dispensary owners: http://goo.gl/waQGNy.
Agritek Holdings, Inc., a pioneer within the medicinal marijuana space, provides innovative patient and agricultural solutions and seeks to be the leader in Compassionate Care Technology for the medicinal marijuana industry. Agritek Holdings, Inc. does not directly grow, harvest, or distribute or sell cannabis or any substances that violate or contravene United States law or the Controlled Substances Act, nor does it intend to do so in the future.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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