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WallStreetPennies | Moving AVG Momentum Alert: Wanderport Corp | WDRP
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Welcome To Wanderport Corp | WDRP
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Wanderport Corporation is a publicly traded company on the OTC Markets under the symbol WDRP. We are an investment holding and incubator company. Our objective is to identify and capitalize on the opportunities that arise in the fast growing cannabis industry.
Cannabis is an emerging and fast growing industry that is for most part unstructured. We strive to bring our business expertise and culture to help shape this industry as it goes through its infancy stage. As more states progress toward legalizing the use of marijuana for medicinal and recreational purposes, the potential for growth in this industry is staggering. It is our goal to legally participate and capitalize on this fast growing trend.
We seek to create value for our business partners and shareholders through partnerships, incubation, acquisitions and financing.
- Partnership - We jointly work with business owners and leverage each other’s strength to achieve our respective business objectives. We can provide support via additional resources in sales and marketing as well as financing of operation.
- Incubation - We invest and help grow companies with good market potential. Through our available resources we can help bring a startup concept to a full fledged operation.
- Acquisition - We seek to acquire emerging companies with good management and growth potential. We then further increase collective value through the capital market.
- Financing - We provide or can help secure financing from outside sources to support your organic or external growth plans. Whether it’s securing working capital or capital to acquire strategic assets, we can help.
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WDRP | Recent Developments
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Wanderport Corporation Outlines Company's Cannabis Initiatives
SANTA MONICA, CA / ACCESSWIRE / November 2, 2014 / WanderPort Corp. (OTC Markets: WDRP) is pleased to outline its initiatives on capitalizing the emerging medicinal and recreational cannabis market.
In the third quarter, former management decided, after thorough assessment, that it was not in the best interest of the company to continue with its water heater products and appointed new management to take control and to chart a new direction. As the result, new management made a decision to discontinue the production of the water heaters and pursue the rapidly developing multi-billion dollar cannabis industry.
There are currently 23 states and the District of Columbia that have legalized marijuana for medicinal applications. Among these, Colorado and Washington have legalized it for recreational use. Alaska, Oregon and Washington D.C. will join in legalizing cannabis for recreational use and Florida for its medicinal use if it is approved by the voters in the midterm election on November 2. Based on popular polls, it is likely that these initiatives will pass.
According to ArcView Group, the legal U.S. cannabis industry was 1.5 billion in 2013 and is forecast to reach 2.6 billion by the end of 2014 and 10.2 billion by 2018. In the two states that approved marijuana for recreational use, Colorado’s and Washington’s 2014 market is projected to be 800 million and 300 million, respectively.
There are various components that make up the industry which could range from ancillary products and services to the actual cultivation and production of the products themselves. For the near term, Wanderport will seek to become a licensee or acquire stakes in businesses that focus on edibles and wellness products. For the long term, the Company wants to develop a bio-technology competency and offer related products and services.
The Company plans to take a stair step approach to growth in order to minimize dilution. It will initially focus on numerous smaller transactions with manageable risks to gradually create value. As the industry and business become more mature, the Company will take larger risks with larger transactions for accelerated growth.
"We are currently in talks and conducting due diligence with a few potential acquisition candidates. We are very conscious about dilution and shareholders' value so we are taking the necessary time to properly align ourselves with the right partners in our effort to grow and to help legitimize the industry", stated Eric Brown, Chief Executive Officer. "The opportunities in this industry are boundless and if we execute correctly, I am confident that we can become one of the prominent industry leaders not too far in the future" added Brown.
About Wanderport Corp. - Wanderport Corporation specializes in licensing, distribution and obtaining proprietary rights to various unique technology while continuing to be an acquisition minded company targeting various licenses, technologies and/or companies in key emerging growth industries. For more information, please visit wanderportcorp.com
Wanderport Corp Signs Exclusive Agreement to Distribute Canna Energy Drinks to the State of Nevada
SANTA MONICA, CA / ACCESSWIRE / January 6, 2014 / WanderPort Corp. (OTC Markets: WDRP) is pleased to announce that its wholly owned subsidiary, Green Organic Holdings Corp. (GOH), had signed an exclusive distribution agreement with CannaLife USA, Ltd to distribute CannaLife's energy drinks to the state of Nevada.
Canna Energy is an energy supplement infused with 50 mg of Hemp seed oil and contains no THC. Since THC is not part of the ingredients, the drink will not cause a positive test for illegal substances. As an added health benefit, hemp seed oil contains approximately 80% of the essential fatty acids such as Omega 3s and 6s.
Under the terms of the agreement, GOH will be CannaLife's exclusive master distributor for the state of Nevada. The Company will offer a product line of Canna Energy in three different flavors - Original, Mango and Lite Blueberry Pomegranate. The products will be available for distribution later this month.
The Company is currently seeking for food and beverage distributors to help distribute the products throughout Nevada. All interested distributors are encouraged to contact the company at info@ wanderportcorp.com.
"We are excited to partner with CannaLife to offer Canna Energy drinks and being a part of the multi-billion dollars energy drink market," stated Eric Brown, Chief Executive Officer. "We expect the product acceptance to rapidly increase which will allow us to expand beyond Nevada to other regions nationwide. This should translate to strong growth for Wanderport,"added Brown.
About CannaLife USA, Ltd. - CannaLife is a producer and distributor of Canna Energy, an energy supplement drink infused with Hemp seed oil and contains no THC. For more information, please visit http://www.cannagetsome.com.
About Wanderport Corp. - Wanderport Corporation is an investment holding and incubator company with primary focus on consumer products and services and the emerging cannabis industry. For more information, please visit wanderportcorp.com.
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- Wanderport Corp Signs Exclusive Agreement to Distribute Canna Energy Drinks to the State of NevadaAccesswire (Tue, Jan 6)
- WANDERPORT CORP FinancialsEDGAR Online Financials(Fri, Dec 5)
- Wanderport Corporation Outlines Company's Cannabis InitiativesAccesswire(Sun, Nov 2)
- Wanderport Corporation Enters Multi-Billion Dollars Nails Salon Industry( Oct 23)
- Wanderport Corp Signs Crop Share Agreement with California Dispensary(Oct 14)
- Wanderport Corporation Acquires Green Organic Holdings, Inc., Setting Foundation for Future Acquisitions Accesswire (Wed, Oct 1)
- Wanderport Corporation Signs Letter of Intent to Acquire Green Organic Holdings, Inc.Accesswire(Wed, Sep 17)
- Wanderport Announces Corporate Update, Expands into the Developing Cannabis MarketAccesswire(Wed, Sep 3)
- Wanderport Corporation Appoints New Chief Executive OfficerMarketwired(Fri, Jul 11)
WANDERPORT CORP FinancialsEDGAR Online Financials(Fri, Feb 28)
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WallStreetPennies | Moving AVG Momentum Alert: Wanderport Corp | WDRP
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