Wanderport Corporation to Introduce Online Marketplace for Hemp and CBD Products
In addition to Wanderport’s online ecommerce store, the Company will offer a marketplace for vendors to list and sell a wide range of products related to hemp and CBD. Wanderport will derive its revenue from transaction fees as a percentage of sales. Additional revenues can also be obtained from advertisement. The marketplace is expected to be launched sometime next month.
The development for Wanderport’s ecommerce store is progressing well with the site expecting to go live before the end of January. In addition to the standard payment methods, the store will also accept bitcoin initially and may expand to other altcoins in the near future. The Company will also offer a customer reward program where points can be earned from purchases and later redeemed for credit or cryptocurrency.
“We have seen a strong demand for our coffees and teas during the holiday season. We’re excited and looking forward to launching the two new shopping sites to further increase our revenue stream,” commented Ty Cha, Chief Executive Officer. “Now that recreational marijuana is legal in California, we expect to see an increase in demand for our products. Effort is underway to bolster our sales and marketing to capture a much larger market share” added Cha.
The collaboration effort with a local craft brewery to produce a hemp coffee beer is progressing well. The two parties are finalizing a few minor legal details before commencing production. The Company plans to update all shareholders about its beer initiative sometime next week.
About Wanderport Corporation
Wanderport Corporation is a premier producer and distributor of food, beverages and consumer products made with hemp. Its premium quality hemp Sapa CoffeeTM and Sapa Tea blends are currently being sold in a growing number of independent grocery and small specialty stores in Southern California. Its products are also sold online at www.sapacoffee.com and www.amazon.com. For more information, please visit http://www.wanderportcorp.com.
Forward Looking Statements:
Statements made herein constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company’s stock price, increased competition, customer acceptance of new products and services to be offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating efforts. Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management’s plans and objectives for future operations. While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect current judgment regarding the direction of the business operations of Wanderport Corporation, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this press release.