It’s been been a few months since we’ve discussed INNOVATIV MEDIA GR COM USD0.0001 (OTCMKTS: INMG) here on Street Register, but we thought today would be a good opportunity to swing back around to go over recent developments. For our newer readers, a brief synopsis of INMG’s business activities:
The company bills a developer, producer and distributor of digital entertainment and other multi-media content which is developing the CannaNet Channels. CannaNet.TV is Innovativ Media’s upcoming online, ad supported platform which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries
INNOVATIV MEDIA GR COM USD0.0001 (OTCMKTS: INMG) also distributes the motion picture assets of Lux Digital Pictures and, via New Broadway Cinema, develops adaptations of stage shows utilizing its trademarked DigiTheater™ Virtual Reality process. Innovativ operates The Alien Interview Channel on YouTube in partnership with Fullscreen, the online channel HPLovecraft.TV, and is a principal in the Film Finance Exchange.
Getting back to the company’s marijuana related venture, it has been previously stated on numerous occasions that the CannaNet TV channel is expected to begin fully functioning in the 4th quarter of 2017. With just five weeks remaining until we cross the threshold into Q4, we’ll be interested how much longer past that point in time before the company makes good on those promises. It’s also interesting that despite reiterating the proposed Q4 launch in its most recent PR, the content of that same release suggested a soft opening of the channel.
The company announced it will live stream the Investors Hub International Cannabis Conference MJAC 2017 on the CannaNet.TV platform directly from the JW Marriott in Los Angeles on September 1st and 2nd.
MJAC is sponsored by well-known online investment community Investor’s Hub (commonly referred to as iHub) is a two-day cannabis investing symposium with cannabis industry exhibitors, keynote and guest speakers, industry expert panels, and educational workshops.
“We believe MJAC will become the major Cannabis investor conference showcasing the industry’s best investment opportunities and the Live Stream will allow us to reach a substantial audience unable to attend in person,” said Michael Hannigan, Head V.P. of US Sales for InvestorsHub.
Tom Coleman, CEO of Innovativ Media, added: “MJAC 2017 is just the kind of event we want to offer on CannaNet.TV and plan to make as regular features on the channel. We are pleased to be in business with Investors Hub which is the leading retail investor’s network in the cannabis sector.” (Source: Marketwired)
For those who can’t travel to the conference in Los Angeles, but are interested in seeing key presenters, INMG’s partnership with iHub to provide the live feed for the entire event at a fraction of the cost of tickets to the event itself is a fantastic idea. While we wouldn’t necessarily consider that a launch of the CannaNet TV platform, granted that it’s a paid event that the public won’t have general access to, it does give the company a chance for a limited dry run. We will be looking forward to the official launch of the platform so everyone can see it for themselves. We’ll keep on top of the INMG story and pass new developments along to you! In the meantime, if you have not yet gotten yourself signed up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in INMG stock, short or long.