We are living at a time where new technologies are developed every single day all with the purpose of making our lives easier. As it stands, virtually anything can be ordered through the use of one’s smartphone, with product offerings increasing constantly. Amid this high level of convenience, companies in the cannabis sector have worked tirelessly to tap into the on-demand delivery market and start offering cannabis delivery for consumers. In domestic markets, California, a state which recently legalized recreational cannabis usage, has had some difficulty regulating licenses for legal cannabis sales. To be fair the State of California has over 40 million residents so naturally the process of licensure takes some time. 

Special Delivery! On-Demand Tech Companies Hit Billion-Dollar Valuations; Here’s How Investors Can Capitalize In The Market

At a time where society values their newfound convenience more than ever, there has been a push for tech companies to create innovative solutions to allow consumers to order cannabis and CBD-related products at their leisure. ParcelPal (PTNYF) (PKG), an emerging on-demand delivery company in Canada is exactly what the consumer ordered. In fact, this company has risen to the top of the delivery tech industry and is showing no signs of slowing down. 

ParcelPal (PTNYF) (PKG) and its team of industry experts recognized an innate problem amid the consumer market: people simply don’t have time to go to the store or dispensary anymore. Over the course of the last few months, public opinion has shifted to being more positive regarding cannabis usage. Now the issue is not whether a consumer can procure cannabis products, but rather do they have the time to pick up what they need? ParcelPal created an on-demand platform where users need only complete their order, select a delivery point, and their order will be delivered by a ParcelPal courier within the hour. 

In mid-March, ParcelPal (PTNYF) (PKG) announced that the Company had signed a cannabis distribution agreement with Kiaro, a Vancouver-based cannabis retailer. Making good on their previously announced cannabis strategy from September 2018, the Company also completed an additional cannabis distribution agreement with Kiaro for the delivery of cannabis products through Kiaro’s physical and digital retail channels. 

Following the announcement, Kelly Abbott, President and CEO of ParcelPal (PTNYF) (PKG), said:

“We are extremely excited to sign a distribution agreement with Kiaro and we will immediately begin planning and executing for all last mile operations. Our objective is to become the Uber of cannabis in Canada and this takes us one step closer to our goal.” Abbott continues, “Cannabis delivery is expensive and often through antiquated courier services – with consumers waiting over a week to receive their items. With ParcelPal, customers will receive their cannabis products safely within an hour. Our technology enables seamless integration with any cannabis retail outlet or eCommerce platform.”

MIDAM VENTURES LLC has been compensated $75,000 per month by a ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG) to publicly disseminate information about (PTNYF/PKG). Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to April 1, 2019. Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to May 1, 2019. We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares. Please click here for full disclaimer.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

What’s Next For The Real Estate Industry?

The coronavirus economic shock has left some questioning the stock market. But…

International Land Alliance (ILAL) Announces Affordable Option at Bajamar

SAN DIEGO, CALIFORNIA, April 27, 2020 (GLOBE NEWSWIRE) — International Land Alliance,…

Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond

The most recent global report from the United Nations states that by …