Miami Beach, FL, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Bang Digital Media, Inc – a wholly owned subsidiary of Bang Holdings Corp. (OTC:BXNG) (the “Company”) announced today that the Company has entered into an Exclusive Development Agreement with The Arcview Group to tell the stories of high net worth investors who are not afraid, despite federal illegality, to fund cannabis start-up companies. The unscripted television series is planned to be part CNBC’s The Profit and part ABC’s Shark Tank.
The Arcview Group is one of the largest, and the first collective of high net worth cannabis investors to openly invest in cannabis -- members have together invested in excess of $190,000,000 in more than 175 ventures. Their extremely competitive, and highly entertaining pitch events have been called the “TechCrunch Disrupt” of the cannabis industry, giving an opportunity for new cannabis start-ups to pitch their companies to their accredited investor network. And, for those that are successful, it is an opportunity to work with some of the best, most experienced business minds and mentors in the cannabis industry.
Bang Digital Media Inc. creates original cannabis content generating hundreds of millions of digital content views for their canna-centric social media audience of more than 2,500,000.
“We are honored that The Arcview Group has entrusted our company to document and help share the story of how, in just a few years, cannabis travelled from the deep underground to become a multi-billion dollar industry,” Steve Berke, CEO of Bang Digital Media said. “The interviews that we’ve shot with these entrepreneurs show that we are in a time of transition similar to the end of American Prohibition, and, although most people support legalization, the business environment is still quite edgy, investing is extremely risky, and that makes for an exciting series about interesting characters with dramatic and compelling stories.”
About Bang Digital Media
Bang Holdings Corporation (OTC: BXNG), through its subsidiary Bang Digital Media, innovates and utilizes new Advertising-Technologies to help cannabis brands connect to cannabis consumers. Through their original content, digital channels, and influencer-based marketing platform, Bang Digital Media enables cannabis brands to bypass a restrictive mainstream advertising system to reach cannabis consumers directly. Ancillary services within the cannabis space are expanding into a multi-billion-dollar market opportunity. Bang Digital Media enjoys a first mover advantage in this growing nontraditional marketing and advertising market. For more information, please visit our website.
About The Arcview Group:
Founded in 2010, The Arcview Group is responsible for a number of groundbreaking ventures in the cannabis industry. The Arcview Investor Network includes more than 600
accredited investors who have put more than $190 million behind 175 companies. Arcview Market Research has published the State of Legal Marijuana Markets since 2011 and it has become the most oft-cited data in the sector. In 2017, Arcview Market Research partnered with BDS Analytics to add more robust point-of-sale data and consumer insights to its offerings. In 2015 Arcview became a partner inCanopy, the first seed-stage mentor-driven business accelerator. Arcview is also co-founder of Cannasure Insurance Services, the leading provider of business insurance to the cannabis industry. Forbes Magazine recently named Arcview among the top 5 financial firms in the cannabis sector.
Forward-Looking Statements
Certain matters discussed in this press release may contain statements, estimates and projections that involve risks and uncertainties in Bang Holdings Corporation’s business that may cause actual results to differ materially from those anticipated by the statements made herein. Such statements, estimates and projections constitute forward-looking statements within the meaning of the federal securities laws. Bang Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. No representations or warranties are made as to the accuracy of such forward-looking statements or whether any of the projections included herein will be realized.