TORONTO, Sept. 18, 2018 – Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G) is pleased to announce that it has created a newly formed subsidiary, Canntop AI Inc. (“Canntop AI”), to focus on the global cannabis industry. This follows on the previous announcement by the Company to establish a working relationship with a key data collection company in the Agriculture and Cannabis sectors.
Canntop AI will utilize Nexalogy’s tool set and unique algorithms to analyze large unstructured data sets from the Agriculture and Cannabis space. By gathering and analyzing the data we will be able to provide cultivators and dispensaries with business intelligence that allows them to better understand their clients and markets in the areas of patient analysis, strain and protocol management, and quality assurance.
“Taking our proven solutions and focusing them on this sector will add tremendous value to growers, dispensaries, pharma and government agencies. The large amount of data that will result from the legalization of marijuana creates an opportunity for Canntop AI to provide the industry the most effective social intelligence,” says Andrew Ryu, CEO and Chairman of the Company.
Datametrex AI Limited is a technology focused company with exposure to four exciting verticals. Big data, Artificial intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Implementing Blockchain technology for secure data transfers through its joint venture company, Graph Blockchain Limited (www.graphblockchain.com). Industrial scale cryptocurrency mining through its wholly owned subsidiary, Ronin Blockchain Corp. (www.roninblockchain.com).
Additional information on Datametrex is available at: www.datametrex.com
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For further information, please contact:
Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information is not a guarantee of future performance or results, since it involves risks and uncertainties. There is no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in forward-looking statements. Except as required by law, the Company does not assume and expressly renounces any obligation to update any forward-looking information, which is only applicable on the date on which it is given.