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Pressland has developed a proprietary classification engine that will serve the media-trust industry with a unique data layer available via commercial license facets of the enterprise product are currently in private alpha-testing.Īrcology’s blockchain platform is currently in advanced testing stages leading toward the entity’s white paper in advance of deployment. The Company’s blockchain assets - Pressland, Arcology, ICO Ranker and Blockchain Ranker - are advancing toward major milestones in the near term: On the cryptocurrency front, the recent increase in value of bitcoin has renewed a level of interest in the market for cryptocurrencies overall and verified the position of our team that the space will continue to evolve and provide investment opportunities. Although there have been oscillations in the market receptivity to blockchain technologies and cryptocurrencies, our team is resolute in terms of the value proposition inherent in blockchain technologies to transform industries. Under the leadership of Jeff Koyen, the Company’s blockchain and cryptocurrency investments have advanced significantly, building momentum as they deploy the capital and expertise to develop their businesses. Seeing opportunities similar to those realized in Canada five to seven years ago, the Company believes this to be a key window of opportunity to realize the most significant upside for shareholders in the future. It is critical to note that having founded multiple early-stage cannabis companies now listed on public markets, Codebase’s board and management teams have identified the UK and other EU markets as now entering a pivotal stage. The Company is joining the first wave of investment into the UK and EU, along with companies such as Canopy’s “Spectrum Biomedical UK,” Supreme Cannabis’s London based “Supreme Heights,” and World High Life The focus of the subsidiary will be on identifying undervalued cannabis and CBD industry assets and start-ups that can be scaled to meet areas of high demand in global markets, and particularly in the UK and Europe

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The Company has formed a dedicated investment subsidiary named Code Cannabis Investments With the growth of legal CBD and medicinal cannabis regions and countries worldwide, Codebase’s relationships and experience puts the Company in a prime position to make strategic investments in companies at early stages of market development. As an investment Company, it has been determined that this expanded focus will concurrently result in the support of maturing assets that are realizing their initial potential in the existing blockchain and select cryptocurrency assets and expose shareholders to unique opportunities through early stage investments in the cannabis sector, the latter on a global basis including North America, the UK and the EU amongst others.Ĭodebase has formed a dedicated investment subsidiary named Code Cannabis Investments, which will focus on identifying assets and start-ups that require capital and expertise to meet the growing demand in the cannabis market.Ĭode Cannabis Investments will be geared initially to a select few North American investments, but the main focus will be aimed at the UK and the European Union, highlighted by Germany, Italy, Spain, Greece, Malta and others in what is forecast to become the world’s largest legal cannabis marketplace, at €123 billion, by 2028.* Strategically, the relationships and experience that the Company’s board and leadership have built in both the blockchain and cannabis sectors - and, having founded multiple publicly traded companies - makes it possible to identify, validate and invest in ventures with the greatest potential to generate significant shareholder value. We are excited to expand the Company’s focus, adding a specialized focus on innovative business opportunities in the cannabis sector to the existing positions in blockchain technologies with select exposure to cryptocurrencies. On behalf of the board, management and the leads from our portfolio companies, we are taking this opportunity to provide you with an overview of the Company’s investment mandate going forward. ('Codebase' or the 'Company') (CSE: CODE - FSE: C5B - OTCQB: BKLLF), an investment company, is pleased to provide its most recent letter to shareholders. VANCOUVER, BC / ACCESSWIRE / July 30th, 2019 / Codebase Ventures Inc.

Company Expands Investment Interests to Include Both Cannabis and Blockchain With Select Cryptocurrency Opportunities

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