Signal Bay Adds Experienced Cannabis Scientist to Board


Richard Battle

October 14th, 2015

News, Top News


[stockchart symbol=SGBY]

Signal Bay Inc. [stockquote symbol=SGBY], a provider of cannabis consulting, research, data, operations, and laboratory services, recently announced the appointment of Dr. Anthony Smith to the CannAlytical Research Board of Directors and to its Cannabis Advisory Board.

As the Executive Scientist and Founder of Kenevir Research Labs in White City, Oregon – which serves medical marijuana dispensaries, producers and consumers, Dr. Smith brings 15 years of natural product research, quality assurance, product development, GMP manufacturing, and FDA regulatory experience to the company’s Board of Directors. The experience could prove invaluable as the company navigates the growing cannabis testing industry.

“I am pleased to join Signal Bay and CannAlytical Research to further develop their offerings of high-quality, trustworthy, cannabis testing services for Oregon,” said Dr. Smith in the press release announcing the appointment to the boards. “I look forward to overseeing the growth and development of technology based services for its clients.”

Dr. Smith joins Leslie Bocksor, Casey Houlihan, and Gordon Katz, Esq. on the Cannabis Advisory Board. With their in-depth industry involvement with organizations like Electrum Partners, ArcView Investor Network, and the Nevada Cannabis Industry Association, the existing board members provide a strong financial expertise, while the addition or Dr. Smith strengthens the lab testing and scientific expertise of the board.

According to GreenWave Advisors, an independent research firm focused on the emerging legal cannabis industry, cannabis testing is projected to generate north of $850 million in revenue by 2020. GreenWave Founder Matthew Karnes described the segment as “one of the subsectors within the cannabis industry that we believe is sustainable as laws change”, which could yield investment opportunities in the form of companies like Signal Bay.

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 Richard Battle

Mr. Battle has over a decade of experience in the financial markets as both a private investor and financial journalist.

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