Having engaged a law firm, Ubiquitech Software Corp (OTCMKTS:UBQU) is looking forward to being able to obtain a name change. The company says it will tap into its subsidiary’s name; HempLife Today. In the recent past, HempLife Today has reportedly been doing very well and particularly with its brand of CannazAL CBD products. This is what the company is seeking to utilize plus the possibility of having the new 2018 Farm Bill signed into law.
According to COO Luke Dreyer, the name change is one of the biggest accomplishments the company has had to date. He is excited that they will be able to operate in a totally legal space.
The new legislation will give the company access to key areas of the industry
Since it took its first order in December of 2014, the company has been facing various challenges. One of the key challenges was the access to services such as banking, advertising and product production among others. However, with the change of name and the new legislation Ubiquitech is optimistic about getting industry support.
The company’s interest is in making HempLife Today one of the finest in the industry according to CEO James Ballas. He agrees with Dreyer who says, “We can’t state enough just how important and exciting this new legislation is to us, and we know it is the game changer we have been waiting for.”
Nonetheless, the company is aware that not all vendors, banks, processors or media outlets will recognize the new legislation. However, it hopes the industry will take the responsibility of educating the concerned parties.
HempLifeToday focuses on CBD Oil
Hemp is no longer a controlled substance like marijuana, hence farmers can access needed crop insurance. This has obviously brought new thinking given the life-enriching enhancement hemp offers alongside other CBD oils. Besides, HempLifeToday has a strong network of USA growers who will help in developing the industry.
However, the FDA continues to hold onto its position of regulating ingestible and topical hemp products. Nonetheless, Ubiquitech expects to make great strides throughout 2019, and beyond.