Many marijuana companies can grow the plant, but some have shown that there is a lot more potential than just producing large quantities of cannabis. These companies have proven that growers are not the only leaders in the market and that innovation is one of the leading factors for growth in the market. As we continue to traverse the bright cannabis-based future, it seems as though researching all of the availability is the best way to stay on top of the market.
Leafbuyer Technologies, Inc. (LBUY) is one of the leading online services for everything related to the cannabis industry. The company operates a digital platform that allows users to browse everything from the nearest dispensary menu, all the way to what deals are available at that particular location. The company has been working to increase the amount of the opportunities that they offer customers in terms of deals, which has helped to bring in a whole new slew of users onto the platform.
In recent news, Leafbuyer Technologies announced that they will be producing a delivery mobile app feature integrated into the overall platform. The technology, dubbed as cutting edge, will allow consumers to purchase and have cannabis delivered all from one uniform site. The CEO of Leafbuyer, Kurt Rossner stated that “the addition of this new technology will allow us to monetize our consumer base through a fee generated from each transaction. 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.”
This new delivery method should help them to build their online platform to the highest degree as customers can now do everything on one large digital space. Mark Breen, COO of Leafbuyer stated that in regard to their new West Coast Regional Director of Sales Scott Tretsky, “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 by this fall.” The hopes are that this new technology will be on the market by the end of May.
Flowr (NASDAQOTH:FLWPF) is a company that you may not have heard of, but don’t let their size discourage from taking a second look. The company has been working to build their output of ultra-premium cannabis so that they can reach the higher tiers of the market. The goal of the company is to be producing as much as 60,000 kilograms of marijuana by the end of 2021 which will help to bring them amongst the larger growers in the industry.
Although they won’t be in the top five, they definitely are working to satisfy a separate part of the market that does not have that much competition at this point in time. All in all, investors should keep a close eye on Flowr as they move throughout the coming months in the industry.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam is being paid $50,000 for a period of 30 days beginning November 1, 2018, and ending November 30, 2018. Midam has been paid an additional $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract another 30 days ending December 31, 2018. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to January 31, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to April 1, 2019. Midam has been compensated an additional $100,000 by Leafbuyer Technologies for a period of coverage from April 12, 2019 to June 12, 2019. We owned 77,000 shares of Leafbuyer Technologies. We may buy or sell additional shares of (LBUY) in the open market at any time (as of 3/29/2019) Midam Ventures no longer owns 77,000 shares of LBUY), including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc.