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Ventree Innovations receives Smart Investment from Blockscale Studio to build the blockchain and utility token for nutraceuticals business



Ventree Innovations Inc.

 

April 19th 2022 – TheNewswire - As the start-up crowdfunding registration commenced, Ventree Innovations, headquartered in Canada announced that it had secured CDN$250,000.00 in stock purchase at 10c from Blockscale Studio which includes: The Chain Collective, Influx Ltd and Contango Digital Assets This group will lead the strategy for the open ledger platform providing transparent tracking and trading.

 

Priceless Farms, based in Uganda, Africa is the plantation, (Ventree Innovations is the sales and distribution lead) has been in existence for 7 years as a living lab creating, testing, and deploying sustainable agroforestry and herbal medicine production.

The initial product on the shelves is high quality Moringa Leaf powder which contains 2x the protein of yogurt, 4x the vitamin A of carrots, 3x the potassium of bananas,

7x the vitamin C of oranges, and 4 times the calcium of milk.

 

Priceless Farms Moringa Leaf powder is already a significant constituent element in Doctor’s Choice Nutraceuticals, including their Immune boosting chewables, and Maternal capsules for pregnant and breast-feeding women. Ventree Innovations believes it is critical to build a blockchain platform to validate the quality and where required the certification for the Moringa Leaf powder, enabling these certificates of analytics to be provided to Trace, Track, and Trade all of Ventree Innovations products.

 

Blockscale Studio will also be responsible for creating the Utility Token Economics to evaluate a digital currency to be used in land and tree acquisition Globally, with the strategy to allow the broadest participation in the sustainable vision of the company.

 

Aaron Elton, the founder, and chief Steward of the Living Lab Farm in Uganda said “Web3 will be part of Ventree Innovations and the Farm’s DNA. We envisage that from QR coding the trees to tracking the production, shipping, and ecommerce we will be able to provide province and certificates at every step of the way. As the Farm explores the Carbon Offset credit opportunity and the Utility Token, trust and transparency will be our mantra. We are excited to have such a prominent team of subject matter experts join the team through this investment”.

  

Gregory van Duyse, Founder and managing partner of Blockscale Studio, commented… “Having a digital strategy as a foundational building block with Ventree Innovations and Priceless Farms will provide a significant springboard for the companies allowing them to grow sustainably and exponentially with confidence. We are delighted to contribute via this investment and look forward to breaking new ground participating in the Blockchain element of the Living Lab strategy”.

 

The (Series B) $0.10 crowdfunding round will remain in place until 6th June 2022,

unless the funding targets are met earlier. In partnership with Vested.ca, the Company’s placement opportunity was launched on Thursday April 7, 2022 @ 800AM PST (Vancouver time), visit https://vested.ca/projects/view/139 for more details.

 

About Ventree Innovations

 

Ventree Innovations is a dynamic young company investing in sustainable agroforestry and herbal medicine production in the tropical regions of the world. By adding value to forests through the development of a wide range of efficacious natural products we work with indigenous communities to protect and enhance their traditional forests, which are critically needed to help the planet reverse global warming.

 

The company envisions becoming a global inspiration for thousands of subsidiaries and franchise-like model farms and eco-friendly processing companies while delivering

only the highest quality all natural consumables through a professional online shopping experience that gives our customers the opportunity to sponsor and support the expansion of our medicinal forests in a collective effort to move humanity into a sustainable future economy.

For more information, please contact Ventree Innovations: E: investor@ventreeinnovations.com

P: +1 (604) 245-5956

W: https://ventreeinnovations.com/

 

Forward Looking Statements:

Unless otherwise denoted, all currencies are in Canadian Dollars. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

This news release may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws.

The use of any of the words "expect“, "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. This news release may contain forward-looking statements and information concerning Ventree Innovations Inc. (“the Company”); and includes its wholly owned subsidiaries. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the success of new product development, the Company’s ability to integrate acquired businesses and complete strategic acquisitions of additional business and other factors that affect demand for the Company’s products.

 

Although the Company believes that the expectations and assumptions on which such forward- looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the Company’s actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to expenditures and other factors that affect demand for the Company’s products, industry competition, the need to effectively integrate acquired businesses, uncertainties as to the Company’s ability to implement its business strategy effectively in Canada and the United States, labour, equipment and material costs, access to capital markets, interest and currency exchange rates, technological developments, political and economic conditions and the Company’s ability to attract and retain key personnel. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and not to use future-oriented information or financial outlooks for anything other than their intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether, as a result of new information, future events or otherwise, except as required by law.

 

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Ventree Innovations Inc.| Unit 704 - 595 Howe Street - Vancouver, BC V6C 2T5 PH:

+1 (604) 245-5956