Financial News
Software Effective Solutions "MEDCANA" (OTC: SFWJ) Provides Corporate Update for Shareholders
--News Direct--
Software Effective Solutions, (OTC: SFWJ) (“The Company”, “SFWJ”) doing business as MedCana, is thrilled to provide a corporate update on its recent progress, expansion plans, and partnership opportunities.
Major highlights
With a positive outlook for Q2, Eko2O S.A.S. has increased sales potential into Central and South America as it looks into greenhouse and irrigation system opportunities in Panama and Uruguay.
Production firms owned by MedCana are moving forward according to schedule and haven't run into any problems during the current development and construction phases.
Talks between MedCana and the Mendoza administration in Argentina are going very well and are intended to examine potential subsidies for beginning operations there.
Sales Opportunities in Central and South America are expanded by Eko2O S.A.S.
Eko2O SA, a MedCana subsidiary, has successfully increased its sales potential in Central and South America. The subsidiary specializes in the construction and distribution of greenhouses and sophisticated irrigation platforms. A positive outlook for Q2 has resulted from the company's expansion as it investigates new potential for greenhouse and irrigation system installations in Panama and Uruguay. These possibilities are anticipated to accelerate Eko2O's development and strengthen its position as a top supplier of innovative agricultural solutions in the cannabis sector.
Smooth Progress by MedCana-Owned Production Companies
The five production firms owned by MedCana are being built and developed in Medellín, Colombia, according to schedule and without any major setbacks. These businesses' ongoing entire crop cycle testing is providing insightful data on crop behavior monitoring, staff training, and production process improvement. To ensure the consistent delivery of high-quality cannabis products to clients and customers, MedCana is still committed to ensuring the seamless integration of manufacturing processes throughout its subsidiaries.
MedCana Engages in Partnership Talks with Mendoza, Argentina Government
MedCana has started talking with the Mendoza government in Argentina about possible incentives for starting operations there as part of its ongoing worldwide development strategy. These discussions are going quite well, and both parties are excited about the potential alliance. Support from the Argentinean government and the start of new operations there would greatly increase MedCana's market share in Latin America and solidify the company's position as the market leader in the world of cannabis.
MedCana CEO Gabriel Diaz expressed his optimism, saying: "We are extremely pleased with the progress we've made in recent months, and the prospects for continued growth in the near future. Our expansion into Central and South America, the steady progress of our production companies, and our ongoing discussions with the Argentine government all point to a bright future for MedCana and its shareholders."
ABOUT SFWJ: Software Effective Solutions/MedCana is a global infrastructure and holding company in the cannabis industry. Currently, MedCana has five companies focused on pharmaceutical cannabis production, one software company focused on managing processes for plant-to-patient operations. The recent acquisition an irrigation and greenhouse technology company has rounded out MedCana’s portfolio of companies. MedCana's initial focus is on developing clients and companies in Latin America with an initial focus in Colombia and partnerships with laboratories, research facilities, and hospitals throughout the world.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Contact:
Jose Gabriel Diaz, CEO
Contact Details
MedCana
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/software-effective-solutions-medcana-otc-sfwj-provides-corporate-update-for-shareholders-784452296
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