DENVER--(BUSINESS WIRE)--Leafbuyer Technologies, Inc. (OTCMKTS: LBUY) (“Leafbuyer” or “the Company”), a leading cannabis technology platform, announced today the rollout of its cutting edge delivery technology to complement its mobile application.
This week’s preliminary beta launch includes dispensaries in California and other states with legal cannabis delivery laws. Dispensaries in states like California, Arizona, Nevada, and Washington can now add delivery to their list of offerings through the Greenlight mobile application. Consumers can place an order for cannabis products to be delivered from a participating dispensary much the same way a person can order a pizza through a mobile application. The market for delivery is expected to exponentially grow in the next two years.
“The addition of this new technology will allow us to monetize our consumer base through a fee generated from each transaction,” said Kurt Rossner, CEO of Leafbuyer. “We’ll be able to penetrate thousands of new dispensaries and delivery companies in legal markets by offering this delivery solution. Leafbuyer will not physically deliver the products, rather we will hand off the ‘last mile’ to our delivery and dispensary partners.”
The implementation of delivery and other regional initiatives will fall under the purview of recently appointed West Coast Regional Director of Sales, Scott Tretsky.
With more than 15 years of sales and management experience in the software and services fields and a relentless plan-and-execute mentality, Scott has a proven track record of starting up and building successful sales and account management organizations.
“Scott’s hands-on approach to building and scaling sales teams will be instrumental as our plan for 2019 is to focus on the continued sales execution of West Coast markets while doubling the sales force by this fall,” said Mark Breen, COO of Leafbuyer.
A full-scale rollout of the delivery technology to all legal markets where delivery is available is expected in May.
About Leafbuyer
Leafbuyer.com is one of the most comprehensive online sources for cannabis deals and information. Leafbuyer works alongside cannabis businesses to showcase their unique products and build a network of loyal patrons. The Company’s online network reaches millions of marijuana consumers every month. Leafbuyer is the official cannabis deals platform of LA Weekly, Voice Media Group, Dope Media, Grasscity, and The Stranger.
Learn more at Leafbuyer.com.
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This press release may contain forward-looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in the forward-looking statements due to several factors detailed from time to time in our filings with the Securities and Exchange Commission. Reference is hereby made to cautionary statements set forth in the Company's most recent SEC filings.
