Financial Pivot Amidst Turbulence
In a bold move, Cannasoft Enterprises BCAN has opted to pause the construction of its medical cannabis facility and delve into the Femtech sector. This strategic pivot comes on the heels of successful fundraising efforts and a turbulent global medical cannabis market.
New Horizons in Femtech
Specializing in cannabis industry management software, Cannasoft has made waves with its proprietary CRM software and EZ-G Device utilizing CBD Oil. The company is now poised to make a mark in Femtech, a rapidly expanding sector known for its growth trajectory over the past few decades, steering clear of the downturn in the cannabis market.
Empowering Women’s Health
“Femtech encompasses a wide array of women’s health areas such as reproductive health, pregnancy, and more,” mentioned a company spokesperson. With women driving healthcare decisions globally and being avid users of digital health tools, Cannasoft aims to capitalize on this emerging trend to enhance its business footprint.
Cannasoft’s decision to veer towards Femtech underscores a shift towards innovative sectors amid industry challenges and geopolitical tensions, giving investors an intriguing perspective on the company’s forward-thinking approach.
