SAN DIEGO, Oct 21, 2014 (BUSINESS WIRE) — Mentor Capital, Inc. (OTC Markets: MNTR) announced today that one of its portfolio company holdings, MicroCannaBiz, LLC, has officially launched its latest publication, the online National Directory of Cannabis Products and Services. The business-to-business directory covers all marijuana-related companies with direct or indirect business participation in the medical and recreational marijuana industry, including third party product and service providers as well as associations, industry organizations and not-for-profit organizations. The platform provides a broad and detailed array of information, displays advertising banners and allows for specialized database marketing programs. The directory has over 4,500 listed cannabis companies distributed across twenty-two industry classifications. There is no cost for medical marijuana or casual use cannabis organizations to be included as a listing. MicroCannaBiz has begun to monetize its efforts as businesses purchase specialized listing, advertising or subscribe for ongoing access to the directory.
According to David W. Dube, MicroCannaBiz Chairman, “We are extremely pleased to have launched this comprehensive first of its kind publication for the cannabis industry and are excited about the early industry and market acceptance. We have also commenced with the development of a consumer and a conference related publication to solidify our market position as a leading publisher of information for the cannabis industry.”
Chet Billingsley, CEO of Mentor Capital, concludes, “It is especially gratifying to provide funding for a worthwhile project from two blank sheets of paper on through to a successful product launch. Our guidance now focuses on maximizing return from this majority owned subsidiary to our shareholders.”
Additional information on MicroCannaBiz, LLC, including other publications and services is available atwww.MicroCannaBiz.com.
About Mentor Capital: By acquisition or stock purchase, Mentor Capital, Inc. seeks to invest in leading cannabis companies. Additional important information for investors and founders seeking expansion funding is presented at: www.MentorCapital.com
This press release is neither an offer to sell, nor a solicitation of offers to purchase, securities.
Forward Looking Statements: This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning financial projections, financing activities, corporate combinations, product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future results or performance, are sometimes identified by words of condition such as “should,” “could,” “expects,” “may,” or “intends,” and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results to differ materially from those intended or anticipated. Such risks include, without limitation: nonperformance of investments, partner and portfolio difficulties, potential delays in marketing and sales activities, problems securing the necessary financing to continue operations, problems encountered in commercializing cannabis products, potential of competitive products, services, and technologies, difficulties experienced in product development, difficulties in recruiting knowledgeable personnel and potential problems in protecting intellectual property. Further information concerning these and other risks is included in the Company’s 15c2-11 filing which, along with other very important information about the Company, can be found here:
The Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances occurring after the date of this press release.