Graph Blockchain Announces Launch of the BluStem Ecommerce Marketplace
Toronto, Ontario--(Newsfile Corp. - September 16, 2020) - Graph Blockchain Inc. (CSE: GBLC) ("Graph" or the "Company") is pleased to announce that the Company has launched its proprietary and wholly owned Wellness Marketplace, BluStem Ltd. ("BluStem") using Shopify, a multi-channel ecommerce platform.
With the onset of the COVID-19 pandemic and the subsequent slowdown of commerce in all sectors of the economy, the Company has taken the opportunity to help Canadians and Canadian Companies to return to safe working environments through the BluStem ecommerce marketplace that will focus on Personal Protective Equipment ("PPE") and related services with future plans to expand to other wellness products and other wellness brands in other global jurisdictions.
"This is an exciting achievement for the Company and its shareholders. We are poised to move and grow in a direction using our core technology with an ecommerce marketplace. With today's announcement of our BluStem ecommerce marketplace, we are pursuing the creation of a revenue model that facilitates both scale and organic growth.", said Andrew Ryu, interim CEO of the Company.
About Graph Blockchain Inc.
The Company develops leading-edge business intelligence and data management solutions that it will implement into a blockchain supported ecommerce marketplace. BluStem is an ecommerce marketplace for B2C and B2B audiences in support of scaling both its own and its partner brands.
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Forward Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Such statements may prove to be incorrect and actual results may differ materially from those anticipated.
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