DOVER, DE / ACCESSWIRE / November 7, 2016 / Metatron is pleased to announce it has updated the website for a new electrifying cannabis and e-commerce portal Buzzlink.com. Its sections include “Local” where users can find dispensaries and events near them, “Social” to connect with like-minded people and exchange content, and “Commercial” which allows cannabis companies to advertise to Buzzlink users and gain access to industry equipment.
Metatron has multiple cannabis apps on iTunes and Google Play and is collecting data to engage the rapidly growing U.S. Marijuana industry. A recent report by Arcview found legal cannabis sales jumped 17%, to $5.4 billion, in 2015 and they will grow by 25% this year to reach $6.7 billion in total U.S. sales. November 8th elections have the potential to open or expand markets in 8 additional states.
Metatron urges voters in California to pass Proposition 64 (60-31-9) and Florida voters to ratify Amendment 2 (70-23-7), because it will likely increase revenue and user growth. If Arizona (50-40-10), Nevada (53-39-8), Massachusetts (50-45-5), Maine (53-43-4), North Dakota or Arkansas (58-35-7) allow cannabis initiatives to pass, it will cause the growth rate to accelerate even faster.
When a state passes a cannabis law, we are able to register users and businesses with little or no cost. Because we are not involved in the production or sale of cannabis, we do not have the hard costs to generate revenue from the industry. At the same time, Metatron’s vast experience and success with digital content, apps, web and social media its business model is not tied to the success of a particular, brand, or content – we expect to a have percentage of the industry as a whole, similar to the way we had with the self-help and fitness industry apps which generated millions in sales in past years.
Metatron continues to add to its 2000 plus proprietary app library and has signed a contract for non-dilutive funding for state of the art in-app purchase module in collaboration with a programming company that specializes in payment processing. Adding in-app purchasing is a major project and rollout of the module is expected to generate a significant revenue increase over the next 12 months, which is our top priority. The new module will be platform agnostic and work with iTunes, Google Play and the Web for all types of digital content and physical products.
Metatron also recently signed a joint venture deal with Circa Pictures to develop a crowdfunding platform for Entertainment content.
Metatron announced a forward split and its still pending FINRA approval. The ratio will be 11 to 10 with fractional shares rounded up. There will be no reverse split this year and no plans beyond that.
As the Company works toward building revenue producing apps and technology this dividend is one example of Metatron’s commitment to shareholder value.
We at Metatron are excited about the company’s direction and look forward to providing our shareholders with numerous updates in the coming weeks, stay tuned.
CBD website. http://cannaboids.com
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SOURCE: Metatron Inc.