Fundanna Receives Equity Investment From Digital Arts Media Network for Continued Rollout of Cannabis Crowd Funding Platform, Fundanna.com
CHICAGO, August 25, 2017 (Newswire.com) - Fundanna, Inc., owner of (domain name) Fundanna.com, an SEC regulated and FINRA approved cannabis focused crowdfunding portal (powered by truCrowd, Inc.) – received an equity investment from Digital Arts Media Network, Inc. (OTC: DATI) to spur growth and investment opportunity for accredited and non-accredited investors interested in the Cannabis and Hemp industry. Additionally, Fundanna, Inc. acquired an equity position in Digital Arts Media Network, Inc.
“We recently broke escrow on NextRX which proves the viability of our platform as a cannabis focused crowd funding portal,” said founder and CEO, Vincent Petrescu. “As more states legalize medical and recreational Cannabis we expect investment opportunities to accelerate. Investors are clamoring for opportunities to invest in cannabis businesses. We expect exponential growth in the cannabis industry and the associated investment opportunities. The investment we secured from Digital Arts Media Network, Inc. will help us to grow Fundanna.com.”
We recently broke escrow on NextRX which proves the viability of our platform as a cannabis focused crowd funding portal. As more states legalize medical and recreational marijuana we expect investment opportunities to accelerate. Investors are clamoring for opportunities to invest in cannabis businesses. We expect exponential growth in the cannabis industry and the associated investment opportunities. The investment we secured from Digital Arts Media Network, Inc. will help us to grow Fundanna.com.
Vincent Petrescu, CEO
Digital Arts Media Network CEO, Ajene Watson, said, “We believe in Fundanna’s business model; allowing accredited and non-accredited investors the ability to invest in early-stage high growth companies such as ancillary cannabis businesses. Increasing access to deal flow that would have previously only been available to angels and seed investors, has been our core mission. We look forward to a mutually beneficial relationship with Fundanna; facilitating the growth of Fundanna’s business model and aligning with other cannabis tech opportunities.”
ABOUT Fundanna, Inc. & Fundanna.com
Fundanna, Inc is owner of Fundanna.com. Fundanna, Inc., states Fundanna.com to be an S.E.C regulated FINRA member, funding portal (powered by truCrowd, Inc.) with a dedicated focus on the cannabis markets. Fundanna, Inc., is in the process of taking over operations after it receives FINRA approval.
Fundanna.com allows cannabis related companies to raise up to $1 mil per year from accredited and non-accredited investors, with low investment requirements.
ABOUT truCrowd. Inc
Located in the heart of the financial district of downtown Chicago, truCrowd is an equity crowdfunding portal registered with FINRA operating under Regulation Crowdfunding (Title III of JOBS ACT). It connects startups and emerging businesses with non-accredited and accredited investors from the U.S. and abroad. The company's newest brand Fundanna is the first portal providing funding and investing services to cannabis businesses, under Reg CF.
ABOUT Digital Arts Media Network, Inc.
Digital Arts Media Network, Inc. (OTCMKTS:DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and start-up communities. As a PAI, Digital Arts Media Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.
Forward Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking.
Source: Fundanna, Inc