DOVER, Del.--(BUSINESS WIRE)--Metatron (OTC:MRNJ), a mobile and web technology pioneer having developed over 2000 apps on iTunes and Google Play, today announced that it has entered into a non-binding letter of intent to develop a mobile and online presence for the San Diego CBD retailer Smoke Shop and Gifts.
Metatron was the first company to ever have a CBD related app on iTunes, a pioneer in an industry which may reach 16 Billion in 2025 according to a new analysis by Cowen and Co. Surprisingly, Cowen’s consumer survey of approximately 2,500 adults found 6.9 percent of respondents use CBD as a supplement, compared to just 4.2 percent who reported use of popular e-cigarette devices and 19.6 percent of all current tobacco users.
SS&G brings to the table its in-depth experience in the field of retail CBD product fulfillment and unparalleled customer service. The company also sells a wide variety of glassware and vape related products in both of its San Diego locations.
In 2018, Farm Bill was signed into law and removed hemp from the Controlled Substances Act, clarifying hemp’s legal status in the U.S. Consumers across the country can now purchase CBD products in stores and online.
In other recent news, Metatron released Holo Ball with Krave Games LLC and is currently available on the iTunes app store with a 4.5 star rating. The free ad-supported game can be downloaded at http://bit.ly/HoloBallFree.
Forward-Looking Statements: Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's need for additional financing, which is not assured and which may result in dilution of shareholders, the company's status as a small company with a limited operating history, dependence on third parties and the continuing popularity of the iOS operating system, general market and economic conditions, technical factors, receipt of revenues, and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward looking statement. Metatron retained Global Discovery Group Inc. for $30,500 for consulting services, 25,000 with Digital Agency, Inc for social media services along with CSC Partners for $1,500, Bas1 for $2501 and the company retained Pacific Equity Alliance LLC by issuing Integrative Business Alliance LLC 100m rule 144 for 1 year consulting services. Metatron does not grow, sell or distribute any substances that violate United States Law or the controlled substance act. CBD has not been evaluated by the food and drug administration (FDA). CBD products are not intended to diagnose, treat, cure or prevent any disease.