VANCOUVER, BC / ACCESSWIRE / April 11, 2019 / ParcelPal Technology Inc. (”ParcelPal” or the ”Company”), (PKG.CN) (PT0.F) (PTNYF) – is pleased to announce cannabis deliveries with Kiaro will commence April 15th, in the province of Saskatchewan.
This follows the previously announced distribution agreement between the two companies
Further to the announcement on March 14th, ParcelPal and Kiaro’s partnership goes live on April 15th in Saskatoon, Saskatchewan. The companies have completed integrations and have been actively marketing the service.
If you live in Saskatoon, here’s how you can order cannabis:
kiaro. com and browse through the curated collection of pre-rolls, flowers, tinctures, capsules, and accessories.
- Select the product you wish to buy, and choose ParcelPal as your delivery option.
- Receive an email with your codeword to present when accepting your delivery.
- Access the ParcelPal [MOU1] app for live tracking, so you can watch our driver deliver your goods within the hour.
President and CEO Kelly Abbott states, ”We are extremely excited to go live with our first partner in the cannabis space, Kiaro. Customers no longer have to wait for upwards of a week to safely receive their product. We are now one step closer to becoming the Uber of Cannabis in Canada. I would like to thank both the ParcelPal and Kiaro team for all the hard work completing this project for our upcoming launch.” Mr. Abbott Continues: ”We will also be rolling out several verticals in the month of April within the city of Saskatoon. We look forward to expanding into additional cities in Saskatchewan and beyond with Kiaro.”
CEO of Kiaro, Daniel Petrov, said ”Enabling the delivery of cannabis products within the hour is an important milestone, as we look to legitimize the industry and normalize cannabis use. The distribution agreement with PacelPal improves product accessibility in Saskatchewan and empowers Kiaro to enhance life enjoyment for consumers across the province. Through the accelerated delivery of strategically curated products, we hope to inspire greater cannabis curiosity, exploration, and education.”
Customers who order cannabis or alcohol through the ParcelPal platform will be required to upload and verify their identities. Users that are under the necessary age within their jurisdictions will not be allowed into this vertical on the application. The identity verification system ensures that the person is of age, and that the identity is in fact real. This identification is checked twice — once before and once upon delivery. Consumers who order products will have to be the person that receives the order. ParcelPal’s technology complies with all local, provincial and federal laws.
Kiaro is a Vancouver-based cannabis brand that carries a variety of curated products appealing to individuals who wish to enhance their life enjoyment through cannabis. The company plans to open a number of fully compliant retail stores across Canada and, through its stores and e-commerce platform, offer a customized omni-channel cannabis experience that is inviting, convenient and appealing, allowing consumers to choose safe and reputable products. Kiaro’s name derives from the Italian word chiaroscuro, meaning ”to emerge from the darkness into light” – a nod to the new era of cannabis legalization.
About ParcelPal Technology Inc.
ParcelPal is a technology-driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada-wide.
ParcelPal Website: www . parcelpal . com
The Canadian Securities Exchange (”CSE”) or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.
CSE – Symbol: PKG
FSE – Symbol: PT0
OTC – Symbol: PTNYF
peter @ parcelpal . com
Forward Looking Information
This news release contains forward looking statements relating to the Proposed Transaction, and the future potential of ParcelPal. Forward looking statements are often identified by terms such as “will”, “may”, “should”, ”intends”, “anticipates”, “expects”, ”plans” and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. There can be no assurance that any forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The Company cannot guarantee that any forward-looking statement will materialize, and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.
SOURCE: ParcelPal Technology Inc.
Will Stock Prices Head Higher On Thursday?
US stocks were mixed on Thursday. As most investors head into a long holiday weekend, there are several things helping to drive stock prices higher on Thursday.
IPOs Boost Market Sentiment
On April 18 the stock market saw two big IPOs. Both Zoom Video (ZM) and Pinterest (PINS) made their public debuts. For the most part, investors remained skiddish about the latest series of IPOs. What was the reason? A few weeks ago the market witnessed the much anticipated Lyft (LYFT) IPO that has ended is disaster.
The day that Lyft went public, share prices briefly hit highs of $88.60 before closing the day in the red. This trend hasn’t stopped since then. Current stock prices show the company’s shares trading around $55. This abysmal figure is a far cry from even its IPO price of $72.
Needless to say, both Pinterest and Zoom have remained relatively flat. Zoom shares traded in a range of $$60.32 to $66. Pinterest saw a trading channel of $23.05 to $24.99.
Micro-Cap Stocks Rally Back
During the early morning session, the Russell Microcap Index saw a sharp drop to lows of $578.33. But since then, the index has continued to rally higher, nearly surpassing its opening price as of 12:30 PM. What is a microcap stock? These stocks represent companies with a market capitalization of $50 million to $300 million. Traditionally, investors will see plenty of penny stocks on the list.
The higher volatility attracts investors to these equities. This morning, the stock price for a few microcap companies ended up skyrocketing on heavy volume. Among the list of penny stocks, Amyris Inc. (AMRS), Mustang Bio (MBIO), Precipio Inc. (PRPO) and Uxin Limited (UXIN) hit scanners for volume and price movement.
With the short week, it’s likely that the markets could slow down during the afternoon session. Looking ahead to next week, investors will be watching for several key figures notwithstanding the growing list of companies reporting earnings.
Liberty Defense MOU Strategy includes Vancouver Arena Limited Partnership
Vancouver, British Columbia–(Newsfile Corp. – April 15, 2019) – Liberty Defense Holdings, Ltd. (TSXV: SCAN) (“Liberty“) provides a corporate update on its Memorandum of Understanding (“MOU”) Strategy which includes a signed MOU with Vancouver Arena Limited Partnership to beta test HEXWAVE.
Bill Riker, CEO of Liberty Defense, commented, “Liberty’s MOU Strategy and potential partners, which includes Vancouver Arena Limited Partnership, will be a key element to the Company’s success not only in distinguishing ourselves from other the competition but also providing the Company with valuable feedback in testing HEXWAVE in live indoor and outdoor environments. In the coming months, we expect to be able to announce a number of key partnerships through our MOU program that will not only help validate the opportunities for this type of technology but also show the depth and reach of the Company and its Advisors.”
The proposed testing with Vancouver Arena Limited Partnership will occur at a site to be determined within or near Rogers Arena in Vancouver, BC. Rogers Arena is one of the premier sports and entertainment facilities in North America and has hosted over 25 million fans with a proud legacy of success. Events include NHL hockey games and most of the largest concerts and shows in the city. It was also the site where the Canadian women’s and men’s hockey teams won gold medals during the Vancouver 2010 Olympic Winter Games.
“We are committed to our customer safety and looking for ways to improve their experiences while visiting Rogers Arena,” said Jim Day, Rogers Arena’s Director of Event Operations and Security. “This includes exploring how using cutting edge technologies can help keep our fans and visitors safe. We look forward to evaluating the capabilities of the HEXWAVE product.”
“Stadiums welcome thousands of visitors daily – including children and families. These are public spaces that face a security challenge with high volumes of foot traffic and multiple entry points,” said Riker. “By providing a security solution that is modular, scalable and capable of providing layered detection of potential threats, we believe that we can make these spaces safer for customers and employees.”
The Vancouver Arena Limited Partnership MOU was signed in November, 2018.
On Behalf of Liberty Defense
CEO & Director
About Liberty Defense
Liberty provides security solutions for concealed weapon detection in high volume foot traffic areas and has secured an exclusive license from MIT Lincoln Laboratory, as well as a technology transfer agreement, for patents related to active 3D imaging technology that
About Vancouver Arena Limited Partnership
Vancouver Arena Limited Partnership has owned and operated Rogers Arena since 2004. To learn more visit www.rogersarena . ca
For further information contact:
LIBERTY INVESTOR RELATIONS:
FORWARD LOOKING STATEMENTS
When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking statements and information in this press release include, amongst others, information relating to the expectation of future MOUs and validation of technology. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: (a) there is no assurance that Liberty will obtain further MOUs. These fluctuations may adversely affect the price of the Liberty’s securities, regardless of its operating performance. There are a number of important factors that could cause Liberty’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).
Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.
All amounts referred to herein are in Canadian dollars unless otherwise indicated.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Stock Price Thursday Morning Update – April 11, 2019
ParcelPal to Launch Cannabis Delivery on April 15th
VANCOUVER, BC / ACCESSWIRE / April 11,
Premier Health Announces International Medical Cannabis Expansion Strategy
VANCOUVER, British Columbia, April 11, 2019 (GLOBE NEWSWIRE) — Premier Health Group Inc. (CSE: PHGI, OTCQB: PHGRF, Frankfurt: 6PH) (the “Company” or “Premier Health”), a Company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry, is pleased to announce the launch of an international expansion strategy to broaden its reach through its medical cannabis initiatives. See What Dr. Essam Hamza, CEO of Premier Health, said about this latest milestone; Click Here.
Retaining Net Neutrality
Since the dawning of the internet, the world has become far more connected than ever imaginable. If a New Yorker wants to connect with their distant cousin in Azerbaijan, they need only have an internet connection and, within seconds, the two family members are speaking to one another with seamless efficacy. So what does net neutrality have to do with anything?! Click Here For Some Enlightenment
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