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MjLink.com to sponsor cannabis summit, unveil pre-IPO investment

Last updated: 05:15 17 Apr 2019 AEST, First published: 04:59 17 Apr 2019 AEST

Cannabis leaf on money
MjLink.com, a sort of LinkedIn for the cannabis industry, was was spun out from Social Life Network late last year

MjLink.com, a subsidiary of Social LIfe Network Inc (OTCMKTS:WDLF), will sponsor the Cannabis Private Investment Summit next month, the company announced Tuesday.

At the summit, President George Jage and CEO Ken Tapp plan to share the company's pre-IPO investment offering. The fourth annual event, which brings together cannabis entrepreneurs, tech experts, government officials and investors, will be held on May 1 in Beverly Hills, California.

WATCH: Social Life Network to launch its first cannabis-focused investors conference

Tapp has been through an IPO before. In 1999, he was VP of engineering at HomeBuilder.com when its subsidiary Realtor.com went public. In addition to unveiling the investment, he will also speak at a technology panel.

MjLink.com, a sort of LinkedIn for the cannabis industry, was spun out from Denver-based Social LIfe Network in September 2018. The company intends to list on the Canadian Securities Exchange.

Shares of the social network and e-commerce company slipped nearly 6% to US$0.16 on the OTC Market.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com

Follow him on Twitter @andrew_kessel