LandStar Inc Announces HIPAA Compliant Platform For $8 Billion Medical Marijuana Market
RALEIGH, N.C., October 30, 2018 — LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, will be offering a Personal Privacy Compliance service to support the medical marijuana industry anticipated to reach $8 billion in annual sales in the United States by 2024. Data433 is offering its Personal Privacy Platform which is already in use in Canada for the cannabis industry and will be offered to related US medical marijuana consumers and vendors.
Medical marijuana sales are growing as an alternative to treating chronic pain that is associated with neurological disorders, cancer, HIV/AIDS, and arthritis. Marijuana is becoming a first choice over opioid medication offering a potential to curb the lethal side effects associated with opioids. Yet not being recognized by the Federal Government, privacy protection for medical marijuana consumers is not enforced, but will likely be coming, and LandStar will already have a proven solution in place.
Jason Remillard, Chief Executive Officer of LandStar and founder of Data443, commented, “Much like Privacy Compliance laws sweeping the landscape, the global Cannabis industry represents a major market opportunity – as personal privacy, governance and long term personal identity management requirements increase exponentially. The offering – available immediately – is already in use with a large provincial government in Canada and will be a fit for purpose offering for any other jurisdiction moving towards legalization. Conjoined with our existing Blockchain privacy solutions – we expect the offering to be leveraged by both private and public Blockchain offerings.”
The solution (a combination of software, services and consulting) leverages over 20 years of identity and data management techniques and includes data integration with governmental and privacy databases to ensure privacy, authenticity and long term audit capabilities. The solution is grounded in proprietary software, techniques and expertise.
Recent Analyst Research – Speculative Buy Recommendation and Target PPS
Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, released a new research report earlier this week on LandStar, Inc’s cybersecurity rollout progress and strategy. The report recommended a speculative buy position. To view the report, along with disclosures and disclaimers, visit http://www.GoldmanResearch.com .
About LandStar, Inc.
LandStar, Inc. (OTCPK: LDSR), through its wholly owned subsidiary Data443™ Risk Mitigation, Inc., enables secure data – across local devices, network, cloud, and databases – at rest and in flight. ClassiDocs™, the company’s award-winning data classification and governance technology, provides GDPR compliance and DSAR management coupled with DLP, CASB, SIEM, and cloud solutions to provide user-enabled, governance-enabled, up-to-date security for every data point, every time. The WordPress-based GDPR Framework enables organizations of all sizes to comply with the GDPR and other privacy frameworks. ClassiDocs™ for Blockchain provides an active implementation for blockchain transactions from inadvertent disclosure and data leaks. For more information, please visit www.data443.com.
The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding LandStar’s plans, objectives, future opportunities for LandStar’s services, future financial performance and operating results and any other statements regarding LandStar’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond LandStar’s control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to the operations of LandStar; results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and in integrating acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents.
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained, from time-to-time, in LandStar’s filings with the Securities and Exchange Commission and postings on the OTC Markets news and information website. LandStar undertakes no obligation to publicly update or revise any forward-looking statement.
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Source: LandStar, Inc.