CannaKorp Launches Crowdfunding Campaign
Worlds' First Single-use, Pod-based Herbal Vaporizer Prepares For Market Launch
STONEHAM, Mass., March 1, 2018 /PRNewswire/ -- CannaKorp™ Inc., the world's first single-use, pod-based herbal vaporizer, announced today that it has opened its first crowdfunding campaign. This follows several successful fundraising rounds for the company, in which the company has raised over $7.5m.
Crowdfunding allows all of CannaKorp's dedicated followers to participate in its funding and assist in its short-term launch goals.
The funds raised will be used for go-to-market activities including state-by-state rollout of the Wisp Herbal Vaporizing System, a home appliance that ensures the finest experience in converting natural botanical and beneficial herbal products into a vapor form, free of combustion, additives and without denaturing.
"We're thrilled to open up our fundraising to the many interested investors that we've heard from," said James Winokur, CannaKorp Co-Founder & CEO. "Our 'Wellness Your Way' platform, with the Wisp delivering a clean, convenient and consistent experience, has generated such tremendous feedback, we're excited to offer an opportunity for the general public to join us on our journey."
The first commercial launch of the Wisp system is expected to begin in April in Massachusetts and botanical herbal blend Wisp pods will be available nationally.
Crowdfunding Page on StartEngine:
https://www.startengine.com/cannakorp-inc
About CannaKorp
CannaKorp, Inc. is a Massachusetts-based technology start-up company that is simplifying and improving the experience for consumers interested in vaporizing natural herbs. CannaKorp has developed the world's first single-use pod and vaporizer system, delivering unprecedented quality, convenience and consistency. The complete system includes the ground-breaking vaporizer device, Wisp; single-use, precisely-measured pods containing pre-ground, lab tested botanical herbs called Wisp Pods; and a proprietary pod-filling process.
CannaKorp, Inc. was founded on care and commitment to patients and consumers, and is guided by a philosophy of social and environmental responsibility. Uniquely positioned to address a significant and important market need, CannaKorp is currently seeking investors and partners who share its vision of bringing a revolutionary new approach to this rapidly expanding industry. www.cannakorp.com
Forward-Looking Statements
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Media Contact
Jenna DaSilva
Gear Communications
Cell: 978-869-6171
[email protected]
SOURCE CannaKorp, Inc.
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