By Steve Elliott
Nobody can accuse the company behind LoudCrush of thinking small. In fact, it seems they want to become the Facebook, the Twitter, AND the Instagram of the cannabis world -- oh, and did we mention the Match.com and eHarmony of weed, for good measure?
Crown Baus Capital Corp, "a global acquisition-based conglomerate targeting five primary industries: high-tech incubation, drug development, entertainment/media, education, and financial services," has announced it's in the "final stage of acquiring niche social and dating app, LoudCrush, which the Company intends to complete with an all equity based transaction by issuing five (5) million dollars worth of its 144 restricted common shares."
The company said "The features of LoudCrush combine functionality similar to popular apps like Facebook, Tinder and Vine, which allow users to post videos and photos, to search for friends and singles in their areas, and to chat and discreetly socialize. Users can even send gifts."
Discreetly is a key word, since this is the cannabis community we're talking about. "Most cannabis consumers avoid posting about marijuana on Facebook, Instagram and Twitter because their families and coworkers are on these networks, and cannabis-inclusive profiles are often deleted by mainstream social networks," said Drue Young, co-founder of LoudCrush and vice president of business development at Crown Baus Capital Corp.