DENVER, CO – 26 September, 2018 – Social Life Network, Inc. (OTCQB: WDLF), a cloud-based social media and social network technology company based in Denver, Colorado, announced on September 25, 2018, that the company incorporated MjLink.com, a Delaware Corporation, as its the wholly owned subsidiary. This new subsidiary mjlink.com will operate as a multinational cannabis technology and media sales organization with two artificial intelligence (AI) powered social media networks: first weedlife.com, a consumer-to-consumer (C2C) social network and mjlink.com, a business-to-business (B2B) social media network.
Also Social Life Network, Inc. plans to take mjlink.com public on a Canadian exchange in financial year 2019. In addition to the existing online applications that mjlink.com will sell to customers, its management team will focus on launching three new divisions that will provide incubation for early stage cannabis tech companies, B2B and B2C industry trade-shows, and a division that focuses on merger & acquisitions of cannabis technology companies.
MjLink.com services will also include:
- Social networking platforms
- Retail store mapping
- Online advertising technologies
- Media sales organization
- Search indexing
- News aggregating
- Cloud computing
- SaaS (Software as a Service)
- Mobile application development
- Incubation of early stage tech companies
- B2B trade-shows
- Acquisition of best-in-breed technology companies
CEO and chairman of Social Life Network, Inc. Mr, Ken Tapp has said – “We are extremely pleased to announce the addition of our new subsidiary, which we believe provides us with numerous synergistic advantages as we continue to execute on our strategic growth plan. In addition to owning strong commercialization applications, MjLink’s planned IPO will help strengthen the company’s capital structure, increase market share and establish us as a market leading brand within cannabis and hemp industry world-wide. We believe that this will serve as a significant catalyst to the development of our company as we strive to achieve our overall goal of improving shareholder value.”
Social Life Network, Inc. is an artificial intelligence (AI) and blockchain powered social network and e-commerce technology company based in Denver Colorado. They launched their first social media network, weedlife.com for the cannabis and hemp industry in year 2013. Also the company has expanded their business model in the real estate industry and multiple sports verticals including golf, cycling, tennis, soccer, hunting and fishing world-wide to meet the much larger and growing demand for the niche social networking. Visit www.socialnetwork.ai for more information about the company and it’s future plans.
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company’s analysis of opportunities in the acquisition and development of various project interests and certain other matters. No information in this press release should be construed as any indication whatsoever of the Company’s or MjLink’s future financial results, revenues or stock price. There are no assurances that the Company will successfully take MjLink public in Canada. These statements are made under the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.