LOS ANGELES, CA / ACCESSWIRE / August 5, 2019 / BANGI, Inc. (OTC PINK:BNGI), a diversified investment vehicle that acquires and leases specialized real estate assets in the cannabis, hemp and CBD industries, today announced the appointment of "Ray J" to the newly created position of Strategic Digital Media Consultant, effective immediately. Today's announcement follows Ray J's recent $5 million investment to support the launch of William Ray LA, his wholly-owned cannabis and CBD management firm that is expected to grow to over $50 million in annual revenues.
In his new role, as an established influencer Ray J will introduce and increase BANGI's exposure to the millennial movement through his large and closely followed social media channels, including YouTube, Twitter and Instagram, as well as through his new cannabis venture, William Ray LA. In doing so, this strategy will serve to both educate new audiences about the benefits of investing in the cannabis industry as well as increase BANGI's recognition to other well-known celebrity influencers.
"Ray J keenly understands the digital marketing challenges facing the cannabis industry, and his visionary storytelling and leadership will further bolster the strength of our incredible executive team," said Dr. Neil Parsan, Chairman and Chief Executive Officer of BANGI, Inc. "We're thrilled to have him on board as we continue to grow BANGI's business, customers, and brand as a whole."
"I am looking forward to joining this very dynamic organization and helping to bridge the divide between the millennials and Wal Street through my extensive social and digital marketing platforms at Raytroniks Media," said Ray J.
Launch of BANGI TV
At BANGI, Ray J and his team will be working on several strategic marketing initiatives that will support the company's overall marketing strategy, which will be spearheaded by Mathew Knowles, who recently was named as the Company's Chief Marketing Officer (CMO). One such initiative will include spearheading the development and launch of BANGI TV, which management expects to use to more effectively community with its shareholders, prospective tenants as well as other facets of the cannabis industry.
To be added to BANGI's investor or media lists, please contact Bill Miller at 833-BANGINC or at ir@bangistock.com.
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For additional information about BANGI, please visit www.bangistock.com.
About BANGI, Inc. [OTC: BNGI]
BANGI (pronounced bon-ghee), which means "marijuana" or "hemp" in the African dialect Swahili, is a diversified investment vehicle that acquires and leases specialized real estate assets, such as cannabis farms. The Corporation combines hard asset security and long-term appreciation potential. For more information, visit www.bangistock.com.
BANGI, Inc. Forward-Looking Statements
This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the investment offerings and the terms thereof, are forward-looking statements. When used in this press release, words such as we "expect", "intend", "plan", "estimate", "anticipate", "believe", "should", or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Information:
Bill Miller
BANGI, Inc.
833-BANGINC
SOURCE: BANGI, Inc.
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https://www.accesswire.com/554634/Cannabis-Real-Estate-Firm-BANGI-Inc-Appoints-Entertainer-And-Entrepeneur-Ray-J-As-Strategic-Digital-Media-Consultant
