CFN ENTERPRISES INC. Whitefish, Montana--(Newsfile Corp. - October 15, 2020) - CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the leading media network dedicated to the global legal cannabis, CBD and psychedelics industries, today announced the addition of ManifestSeven (CSE: MSVN) to its growing client roster in the cannabis industry.
ManifestSeven
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CFN Media will leverage its proprietary digital content platform and extensive distribution to attract qualified retail, accredited and institutional investors to ManifestSeven.
"We are excited to be working with a true pioneer that is unlocking value in regulated cannabis distribution; in the biggest US market," said CFN Media President Frank Lane. "The company's innovative platform extends the reach of conventional cannabis operations to last-mile consumers through ecommerce and delivery while increasing revenue through subscriptions and other next-generation business models."
ManifestSeven has created a frictionless cannabis supply chain and normalized the retail experience through an optimized and easily accessible logistics platform. Businesses can access its logistics services to bring products from wholesale to retail while consumers can access retail products through delivery, storefront, ecommerce or subscription boxes.
The company recently closed an aggregate of $10.2 million in gross proceeds raised from three private placements of equity and convertible debt in 2020.
"This is a critical partnership for M7 as we prepare to list on the Canadian Securities Exchange under the ticker symbol MSVN," said Sturges Karban, CEO of ManifestSeven. "Our company has successfully completed a capital raise and remained resilient in the face of economic headwinds, which is why it's so important to have CFN Media help share our story with the broader market."
About ManifestSeven
ManifestSeven is the first integrated omni channel platform for legal cannabis, merging compliant distribution with a retail superhighway. M7, with offices in Commerce and Irvine, California, services the needs of lawful operators across the supply chain, from the cultivator to the consumer, through an expansive network of four facilities stretching from the San Francisco Bay Area to San Diego. M7 further augments its business-to-business value proposition with a growing portfolio of owned and operated retail operations located in major metro markets, including brick-and-mortar dispensaries, local on-demand delivery services, e-commerce, and subscription offerings.
About CFN Enterprises Inc.
CFN Enterprises Inc. (OTCQB: CNFN) is a digital media and ecommerce company focused on advancing businesses and brands in highly regulated emerging industries across the globe. CFN connects investors with new market opportunities while helping consumers find innovative products that enhance their lives. Learn more at www.cfnenterprisesinc.com.
CFN Enterprises Inc. Media Contact:
CFN Enterprises Inc.
+001 (833) 420-CNFN
investors@cfnenterprisesinc.com
FORWARD-LOOKING STATEMENT
Use of Forward-looking Statements
This press release may contain forward-looking statements from CFN Enterprises Inc. within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, when CFN Enterprises Inc. describes the potential acquisition of BarNone assets and the related benefits, its pursuit of M&A opportunities, growth in CBD sales and spending on affiliate marketing, and uses other statements containing the words "believes," "anticipates," "plans," "expects," "will" and similar expressions, CFN Enterprises Inc. is using forward-looking statements. These forward-looking statements are based on the current expectations of the management of CFN Enterprises Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: regulatory and licensing risks; changes in general economic, business and political conditions, including changes in the financial markets; the regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; changes in applicable laws; compliance with extensive government regulation; public opinion and perception of the cannabis industry; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; or, loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of CFN Enterprises Inc. to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, CFN Enterprises Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting CFN Enterprises Inc., reference is made to CFN Enterprises Inc.'s reports filed from time to time with the Securities and Exchange Commission.
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