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Wanderport Corp (OTCMKTS:WDRP) Launches Web Marketplace For CBD And Hemp Products

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Wanderport Corp (OTCMKTS:WDRP) reported that the firm will be introducing a web marketplace for Cannabidiol and Hemp products. Besides Wanderport’s web ecommerce store, the firm will provide a marketplace for vendors to sell and list a wide range of offerings related to CBD and hemp. The company will derive its revenue from deal fees as a fraction of sales. Increased revenues can also be recorded from advertisement. The marketplace is anticipated to be introduced sometime next month.

The details

The advancement for Wanderport’s ecommerce outlet is advancing well with the site anticipated to go live before the close of January. Besides the standard payment processes, the store will even accept bitcoin primarily and may expand to additional altcoins in the imminent period. The firm will also present a customer reward plan where points can be recorded from purchases and subsequently redeemed for cryptocurrency or credit.

Ty Cha, the CEO of Wanderport, expressed that they have witnessed a robust demand for their teas and coffees over the course of the holiday season. They are thrilled and looking forward to introducing the two new shopping outlets to further enhance their revenue stream. Now that recreational pot is decriminalized in California, they anticipate to witness a jump in demand for their products. Initiatives are ongoing to bolster their marketing and sales to record a much larger market share.

The collaboration initiative with a local craft brewery to make a hemp coffee beer is advancing well. The two firms are finalizing a few legal details before starting production. Wanderport intends to update all stockholders about its beer plan sometime next week.

In the last trading session, the stock price of Wanderport jumped more than 16% to close the day at $0.0199. The gains came at a share volume of 2.12 million compared to average share volume of 2.07 million.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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