Trackloop Signs Letter of Intent with Liht Cannabis Corp., A Licensed Cannabis Producer in Nevada, Expanding Footprint In Cannabis Industry March 12, 2019 - Baystreet.ca Vancouver British Columbia based Trackloop Analytics Corp. (CSE: TOOL, FRANKFURT: B2IP, OTCQB: TLOOF) announced that it has entered into a letter of intent with Liht Cannabis Corp. (CSE: LIHT) (OTCQX: LIHTF) for the purpose of testing and implementing Trackloop’s technology in its Nevada cannabis operations. Trackloop’s real-time tracking software will be used by the Company to monitor the movement of inventory throughout the supply chain, providing a higher level of transparency for temperature monitoring, real-time recording of pick up/drop off, location tracking and full integration with existing inventory management, and other Enterprise Resource Planning (ERP) solutions. An integral component to the legal cannabis supply chain is the transporting of all cannabis products between cultivator, producers and retailers. Trackloop’s all in one, real-time tracking and logistics solution will help address a key pain point that exists in cannabis logistics, which is tracking and monitoring the movement of product through the supply chain. Liht is a publicly traded company investing in the medical and recreational cannabis space, since 2014. Liht has rapidly expanded to include cultivation, production and dispensary locations in the key North American states of Washington, Nevada, and California, and are seeking expansion opportunities worldwide. “We are fielding numerous calls from licensed producers (LPs) and industry participants who are actively seeking out viable solutions to address inefficiencies relating to supply chain monitoring and tracking. Given our track record with onboarding customers in the fresh and frozen food space, and more recently strategic distributors in the Cannabis space, including Flow Kana, this partnership makes sense” said Kris Malek, of Trackloop. Further details regarding the proposed transaction will be provided in a comprehensive press release if and when the parties enter into a definitive agreement. About TrackLoop Analytics Inc. TrackLoop Analytics (TOOL) is an analytics software company that is leveraging digital asset technology to transform and modernize multiple industries. TrackLoop is taking a diversified approach to the analytics and technology space, delivering practical solutions in the finance, logistics, cannabis, and pharmaceutical industries. The Company’s turnkey real-time tracking solutions offer the very latest in IoT and AI, providing valuable data and business intelligence to some of the world’s leading brands. TrackLoop is a publicly-traded company listed on the Canadian Securities Exchange (CSE); trading symbol TOOL (C.TOOL or TOOL.cn). For more information about the company please contact us at 1-778-938-3367. Zayn Kalyan Chief Technology Officer Forward-Looking Information Forward-Looking Information This news release contains forward-looking information based on current expectations. Statements about the Company’s plans and intentions, signing contracts, entering into a definitive agreement with Liht Cannabis Corp., potential revenues, expansion into the U.S. market, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. 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Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for products; security threats; relationships with its customers, distributors and business partners; the ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. 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Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, the impact of technology changes on the industry, competition, security threats, consumer sentiment towards TrackLoop’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, lack of demand for TrackLoop’s products and services, increase in labor costs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. 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