Social Life Network Inc. which is a cloud based social media company based in Denver announced that it had incorporated MjLink.com as its fully owned subsidiary. The MjLink.com will operate as a multinational cannabis sales organization powered by two artificial intelligence social networks; Weedlife.com and MjLink.com.

Social Life Networks has plans to take list MjLink.com on the Canadian exchange sometime in 2019. MjLink.com sells online applications to its users. With the acquisition, the platform will continue selling these apps but will also focus on setting up 3 divisions that will provide incubation services to cannabis startups.

MjLink.com Services

The new subsidiary will offer a wide range of B2B and B2C services and a department that will be dedicated to acquiring more cannabis technology companies. Some of the services that MjLink.com will provide include social networking platforms, retail store mapping, media sales, search indexing and news aggregating. Cloud computing services and mobile application development services will also be available on the platform.

While making the announcement, Social Life Networks said that they were happy with the acquisition since it gives the platform synergistic advantage. The company’s CEO Ken Tapp stated that it was an added advantage that MjLink.com has an IPO coming up which would help strengthen the platform;s capital structure.

About Social Life Network

The Social Life Network Inc. is an AI powered and Blockchain social network that also deal s in e-commerce and is based in Denver, Colorado. The company launched its social app in 2013 that dealt with cannabis and hemp. The company has since expanded its niche to accommodate the growing demand in the industry. There’s demand for niche social networking in real estate and the sports industry. This acquisition will help with their expansion plans and add to its overall growth strategy.