The Vital Healthtech Solution the Cannabis Industry Can't Live Without - Seite 3

"The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value." Don & Alex Tapscott, authors Blockchain Revolution (2016)

Some other moves that make HealthSpaces a standout are:

It intends to release its alpha prototype, testing blockchain based quality and safety audits with industry partners in Q1 2018. This will include cannabis production, the food service and hospitality sectors and various government agencies.

Over US$500K in contracts secured.

Vanbex Capital, an integrated venture studio that invests in high growth blockchain ventures, will make a strategic investment of $1 million into HealthSpace.

Vanbex has an extensive track record of incubating successful blockchain companies with over 60 blockchain companies in their portfolio some of which are the top companies in the industry globally.

In the space, there are other companies similar to HealthSpace, which has a market cap of $18m and YTD had a low of $0.125 and a high of $0.25.

Potential Comparables

Canopy Growth (TSX: WEED) (OTC:TWMJF) has a market cap of $5.5 billion with a year to date hi of $14.19, low of $24.11 and trades at $27.99. With exception brands, including Tweed, which the most recognizable in the world, it also holds Spectrum Cannabis and Bedrocan, a leader in medical marijuana. Partners include Snoop DoGG, the multiple award-winning DNA and Indoor Harvest, growing solutions.

Hydropothecary (TSX-V: THCX.V) is a licensed producer of medical marijuana by ACMPR (Access to Cannabis for Medical Purposes Regulations (Canada). Market Cap of $752 million. YTD Hi/lo/current: $5.00, $4.50, $4.23. It is one of 8 companies chosen to supply Cannabis to Quebec.

Recently launched Canada's first medical Elixir CBD Peppermint Oil mist following the release of Elixir THC Peppermint oil mist. Both products are medically similar, with CBD product having significantly less THC.

Maricann Group Inc. (CSE: MARI) (OTCQB:MRRCF) as a producer of high quality Medical Marijuana, services a patient base with more than 11,000 total registered patients since inception. Market Cap is $232 million and has seen its share currently trading at $3.00. YTD the shares have hit $4.50. With both Canadian and European operations, the company is well positioned to expand around the world. Its innovative drug delivery platform and adult-use branding also opens the door to both areas of the market.