Bud Genius Responds to USA Today


Ryan Allway

April 16th, 2015

News, Top Story


[stockchart symbol=RIGH]

Bud Genius Inc. [stockquote symbol=RIGH], a leading laboratory for cannabis testing and profiling, as well as a brand development specialist, recently responded to an article appearing in USA Today examining the potential role of major tobacco companies within the burgeoning cannabis industry. Unlike many others, they believe corporate giants are inevitable and few will survive the incursion.

“The one thing that the big tobacco companies will need is data, which they do not have and currently cannot collect,” said Bud Genius Inc. CEO Angel Stanz. “Multinational corporations base their marketing, brand positioning, and product management on data. This includes detailed demographics of their consumers and how attributes of each product appeal to them.”

Bud Genius has built the largest combination of qualitative and quantitative data on cannabis strain composition and specific consumer interest. With the valuable data in hand, the company could see its stock become significantly more valuable if larger corporations enter the fold and are looking for a quick way to acquire the data and secure a competitive advantage in the space.

“The tobacco industry is built on brands – are you the cowboy or the jazz guy?,” added Mr. Stanz. “The three biggest brand names in the marijuana industry, one of which we recently announced, are beginning down the path of carving out market share … We view the eventual competition from the tobacco industry as building immense value in our data and stimulating the value of name brands.”

In March, the company signed a letter of intent to acquire Evergreen Licensing, which is the exclusive licensor of Tommy Chong marijuana, hemp, and cannabis-related products. Tommy Chong has become an icon in the marijuana industry and his name provides lasting brand star power. Under the agreement, the company will manage licensing and distribution of Tommy Chong products in California.

Shares of Bud Genius Inc. were unchanged in early trading on Thursday, April 16, 2015 following the news release.

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.

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.



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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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