LAS VEGAS, Dec. 18, 2014 /PRNewswire/ -- DigiPath, Inc. (OTCBB andOTCQB: DIGP), an independent cannabis testing, media, digital pathology, and education firm, today posted on the company's website a letter from its Chief Executive Officer to its shareholders describing the state of its business.
"This is a very exciting time to be involved in the digital pathology and cannabis industries, and as investors in DigiPath, Inc., you and I are stakeholders in both," says Todd Denkin, Chief Executive Officer of DigiPath.
Denkin says he will continue to communicate to stakeholders directly to help ensure shareholders remain abreast of the successes and headway being made across all of DigiPath's operational fronts.
Highlights of Denkin's letter include:
- Estimated market size and growth of both the digital pathology and cannabis markets
- State of Nevada's approval for DigiPath Labs to open its first cannabis testing laboratory in Las Vegas
- This year's launch of The National Marijuana News Internet news and radio program, which has already amassed more than 100,000 listeners
- The financial state of DigiPath
- Development of DigiPath U™, the upcoming cannabis education and training unit scheduled to launch in 2015
The investor letter is now available at: http://www.digipath.com/2014/12/letter-shareholders/.
About DigiPath, Inc.
DigiPath, Inc., supports the cannabis industry's best practices for reliable testing, education, and training while bringing unbiased cannabis news coverage to the cannabis industry. Its four business units are DigiPath Labs, TNMNews, DigiPath Corp., and DigiPath U™.
For more information, go to www.digipath.com.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: the in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. An example of such forward looking statements in this press release includes statements regarding development of DigiPath University. For a more detailed description of the risk factors and uncertainties affecting DigiPath, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov<http://www.sec.gov/>. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
DigiPath, Inc.
Investor Relations
(888) 552-4440
[email protected]
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digipath-ceo-issues-shareholder-update-letter-300011771.html
SOURCE DigiPath.com
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