BOULDER, Colo., June 07, 2017 -- UMF Group Inc. (OTC Pink:UMFG) (“the Company”) is pleased to announce the development of Cannabis Technology or “cannatech”. UMF Group Inc. Corporate Strategy is to diversity and become more efficient. In line with these strategic goals, Nicole Merion, Director of Business Development, has executed an in house data system that has the potential of revolutionizing cannabis consumption by putting information in the hands of consumers.
Our comprehensive cannabis data analytics services benefit the entire supply chain, from seed to sale. We are currently developing several Information Technology products that cover the array of specialized needs that cannabis businesses have, be they growers, extractors, processors, or retailers.
Our Software system is designed to give you the business intelligence you need when and where you need it. An app on your phone will display the same data that you would have access to on a desktop computer. We focus on a seamless user experience, making cannatech a platform you can use with ease and simplicity, not the steep learning curves common with other business software.
With cannatech, we want to provide business intelligence. Get automated inventory, sell-through, and price point data from your client retailer accounts in real-time. Business analysts, sales teams, and supply chain staff are spared from spending valuable hours manually collecting retail account data, saving you both time and resources.
Collaborating with your retailers through direct-data sharing is a powerful way to optimize your business. Getting visibility into inventory and sales at a location supports forecasting and helping those retailers ensure that they have the right amount of inventory at any given time.
FORWARD LOOKING STATEMENT
This news release includes forward-looking statements that reflect UMF Group Inc. current expectations about its future results, performance, prospects and opportunities. UMF Group Inc. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward-looking statements are based on information currently available to UMF Group Inc. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2017 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
Contact: Sean Ross, President UMF Group Inc. [email protected]


San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
Bill Ackman Eyes New Fund to Bet Against Market Complacency
Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts
Rio Tinto's California Boron Assets Attract Over a Dozen Bidders, Valued at Up to $2 Billion
AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online
OpenAI Addresses Security Vulnerability in macOS App Certification Process
Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58%
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict
Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push
Chinese Cars in Europe: Consumer Trust Is Shifting Fast
Chinese Brands Are Taking Over Brazil — And It's Just Getting Started
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 



