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BLUE DIAMOND VENTURES ORD (OTCMKTS:BLDV) And Cann10 North America Discuss Merging Operations

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BLUE DIAMOND VENTURES ORD (OTCMKTS:BLDV) and Cann10 North America have announced that part of the agreement which they signed in December last year involved merging the two companies into one, much stronger entity.

If finalized, the deal would be one of the first ones into an operating OTC PK company in the cannabis industry. Although the deal could face some complication because of the Non-Reporting Pink Sheet, “Triple Package” of Foreign ownership and Marijuana of Blue Diamond Ventures, Cann10’s access to Biotech industry make it a deal worth pursuing.

Josh Alper, the CEO of BLDV said that it is one year since the company decided to enter into the cannabis industry with a Strategic Partnership with AMS. He added that BLDV’s partnership with Cann10 will allow them deliver a strong and sustainable competitive advantage to AMS plus other firms through the Cann10 Alliance. According to Alper, the alliance will help offer Israeli Cannabis Technology and Innovation to North America. He added that the alliance with AMS has served a central role in in this process and they will be working to deliver on the original promise when export from Israel opens up.

Last week, Cann10 launched a new product line called “Cannareet” in Israel. The new products were developed and produced in the Cann10 Labs and offer the latest combination of GMP manufacturing plus the strict Israeli approvals which will be availed to the Global Market.

Blue Diamond Ventures is a diversified and customer management company which seeks opportunities in the medical cannabis markets. The company’s businesses are driven by compassionate ways, scientific method and critical thinking so as to deliver strong and sustainable results.

On the other hand, Cann10 is part of Israel’s Leading Medical Cannabis Groups. The company develops and produces sought after Professional Cannabis Education Programs. These include the Cann10 XL a focused accelerator and the CannX Medical Conferences in Israel. Cann10 offers entrepreneurs the opportunities and advantages of strong facilities, infrastructures, team, know-how, network as well as professional mentoring, designed to offer support to successful development, mobilization of funds and marketing of new technologies in the new emerging field.

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