Wall Street Signals: Dakshidin Corporation (DKSC), Announces The Acquisition of Whitechapel Holdings, Inc.

Dakshidin Corporation (DKSC), Announces The Acquisition of Whitechapel Holdings, Inc.


Dakshidin Corporation (DKSC) is pleased to announce that it has completed the acquisition of Whitechapel Holdings, Inc. (Whitechapel), a Delaware Corporation and its wholly-owned subsidiaries.

The subsidiaries consist of:
  • Laughing Frogs, the exclusive online sales portal for all of Whitechapel’s legal, unique and proprietary organic CBD products. Laughing Frogs also manages fast growing distribution channel programs in the retail distribution, reselling and direct sales market segments. The company has managed to secure a merchant account with a nationwide bank, something which is still difficult for the CBD/Cannabis industry and expects to have a fully integrated online sales portal in the next few weeks. For now, people can call a toll free number to order: Laughingfrogs.com.
  • Runnymede Farms, which is in the process of acquiring a 193-acre farm in Northern California that is licensed to legally cultivate Cannabis. Runnymede has secured the first $500,000 required for the transaction to be completed. The current management of Runnymede Farms, which has substantial expertise in the cultivation of marijuana, has agreed to stay involved and will take an active role in overseeing said cultivation.
Whitechapel CEO Chris Haigh stated: “As a management team we are very excited to be able to move forward as a result of this transaction. Whitechapel believes that Cannabis and CBD are mainstream products being consumed by a mainstream clientele; we believe that trusted brands will be the future of the cannabis industry. Furthermore, we believe that the end of cannabis prohibition is inevitable, the industry is still in its infancy and we plan to capitalize significantly on its potential for sustainable growth.”

Spending on legal cannabis worldwide is expected to hit $57 billion by 2027 and in North America, sales are projected to rise from $9.2 billion in 2017 to $47.3 billion by 2027, according to ArcView Market Research and its research partner BDS Analytics.

The company will announce the changes in management soon and is working diligently on getting current with all regulatory filings.

Forward-Looking Statements

The data in this official statement incorporates sure "forward-peering" proclamations inside the importance of the Safe Harbor arrangements of Federal Securities Laws. Speculators are advised that such proclamations depend on suppositions that later on may demonstrate not to have been exact and are liable to noteworthy dangers and vulnerabilities, including the future money related execution of the Company. Despite the fact that the Company trusts that the desires reflected in its forward-looking explanations are sensible, it can give no affirmation that such desires or any of its forward-looking articulations will end up being right. Perusers are advised not to put undue dependence on these forward-looking proclamations that talk just as of the date of this discharge, and the Company attempts no commitment to refresh freely any forward-looking articulations to reflect new data, occasions, or conditions after the date of this discharge with the exception of as required by law.

Dakshidin Corporation Investor Relations
Toll free: 1-800-986-6418
Email: dksc.corp@gmail.com
Website: whitechapelholdingsusa.com