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Cann American Corp. (OTC PINK:CNNA) has announced the launch of Prodigy Health Plus, part of its Prodigy Elite Group. Prodigy Health Plus offers healthcare discount plans covering a range of services including dental, vision, prescriptions, and telehealth, aiming to make healthcare more affordable and accessible. The company emphasizes wellness, preventive care, and strong customer support backed by healthcare provider partnerships. Prodigy Elite Group plans to introduce up to seven more divisions soon. CNNA is finalizing its audit and Form 10 filing to regain full reporting compliance and expects to resume trading shortly.
Cann American Corp. (OTC Pink:CNNA) has announced the opening of a new satellite office for its subsidiary, Prodigy Stem Cell, in Orlando, Florida, as part of its growth strategy. The 3,000 sq. ft. facility will cater to clients in the Orlando and Winter Park areas, which are rich in tourism and sports training facilities. The CEO, Jason Tucker, emphasized the plans for significant revenue growth by expanding Prodigy's brand. The company is targeting to establish partnerships in the region and will gradually launch Prodigy-branded wellness centers nationwide.
This strategic move follows Prodigy’s engagement with high-profile clients in the area, and the company plans to keep shareholders informed about its progress.
Cann American Corp. (OTC PINK:CNNA) announced a shareholder update highlighting the completion of its acquisition of Prodigy Stem Cell on March 1, 2023. This acquisition aims to enhance the Company's direction in alternative therapeutics, particularly in the rapidly growing stem cell market, projected to reach $30 billion by 2030. Prodigy plans to distribute its products to various health and wellness facilities and open new branded wellness centers, starting with a facility in Florida. The Company is also preparing for an up-listing to the SEC reporting tier, aiming for a broader market presence.
Cann American Corp. (OTC PINK:CNNA) provided a 2023 shareholder update, detailing the unwind of a prior asset purchase agreement with a gaming firm. Management aims to uplist to SEC reporting and restructure its debt to preserve capital. The company has entered a new MOU with a biopharmaceutical company valued at approximately $12 billion, aiming for strategic expansion beyond its cannabis-related assets. CEO Jason Black expressed optimism about this new direction, stating the acquisition target is more appealing from an industry and revenue perspective.
Cann American Corp. (OTC PINK: CNNA) announced a binding letter of intent to acquire a 75% majority stake in Valkyrie Systems Inc. by exchanging 10 million series C preferred shares. This acquisition aims to enhance Cann American's portfolio with Valkyrie's military-focused training services and technology, notably the upcoming Valkyrie One VR simulator, targeted at the US military. CEO Alexander Woods-Leo expressed optimism about the potential for substantial revenue growth through military contracts. The deal is expected to close within 10 days.
Cann American Corp. (OTC Pink: CNNA) announced the completion of an asset purchase of Mark2media Group on October 31, 2022, making it a majority-owned subsidiary. This technology company aims to develop applications globally using a unique business model to reduce user costs. Following the acquisition, Alexander Woods-Leo was appointed CEO and Director of Cann American. The new management plans to diversify the company further, pursue additional acquisitions, restructure debt to enhance shareholder value, and begin an audit process for potential up-listing to the OTCQB exchange.
Cann American Corp. (OTC PINK:CNNA) has announced a binding letter of intent to acquire an 80% stake in Mark2media Group by exchanging 1.5 million series B preferred shares. Mark2media, a tech company registered with major platforms, aims to reduce user costs through innovative applications. The acquisition is set to close on October 31, 2022, coinciding with a management transition, as Jason Black steps down as CEO, replaced by Alex Woods-Leo. The company also plans to focus on expanding its technology-driven cannabis delivery application, Cannagram.
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