03:56:56 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Cannvas Medtech Inc
Symbol MTEC
Shares Issued 37,954,461
Close 2018-10-16 C$ 0.52
Market Cap C$ 19,736,320
Recent Sedar Documents

Cannvas to install pot learning kiosks across Canada

2018-10-17 10:28 ET - News Release

Mr. Steve Loutskou reports

CANNVAS ANNOUNCES RETAIL KIOSK ROLLOUT ACROSS CANADA

Cannvas Medtech Inc. intends, operating under its newly formed Cannvas Cannabis Acquisitions brand, to install a network of learning kiosks in high-traffic retail areas across Canada to improve accessibility to free and unbiased education about the potential benefits of medical and adult-use cannabis.

"Cannabis education does not stop on Oct. 17 and as communities across Canada prepare for a postlegalization world, Cannvas wants to reach out to people nationwide to provide free and accessible learning resources where they eat, shop and live," said Steve Loutskou, chief executive officer at Cannvas Cannabis Acquisitions and chief operating officer, global markets, at Cannvas Medtech. "By working with leading experts in franchising and licensing, we expect to roll out our educational cannabis kiosks in retail outlets across the country with relevant information contextualized to each location and data geared toward the needs of local users."

Content at each kiosk will be powered by the Cannvas.Me platform. Cannvas.Me is a scalable and comprehensive solution for the global medical cannabis community offering interactive tools and physician-backed content to audiences wishing to learn about health care through cannabis. Its mission is to place users in the driver's seat of their health care journey, arming them with unbiased information on whether medicinal or therapeutic use of cannabis can be beneficial to their lifestyle.

Plans are in the works to integrate Cannvas learning kiosks with select health clinics and platforms from coast to coast whereby users engaging with the kiosk have an opportunity to follow up with a licensed medical practitioner, should they so choose, and these clinics or platforms will be among their options.

"This is a rare circumstance where all parties win -- Cannvas leads with free physician-backed educational content, the public gains with a deeper understanding of the ever-evolving cannabis landscape on a range of levels," says Shawn Moniz, chief executive officer of Cannvas Medtech. "We expect this to be a fully sustainable structure wherein Cannvas and our strategic partners offer free education and complementary medical and fulfillment consultations to audiences at all stages of cannabis curiosity and usage, and we will be able to serve them content relevant to their location based on our shared sets of data."

Cannvas is currently engaging with top regulators and compliance bodies to introduce its Cannvas Marche concept and will leverage those conversations to include the necessary details needed to launch its learning kiosks. The company has retained a real estate adviser to offer guidance on potential retail partners to house the kiosks and also intends to use a creative licensing model to expand the reach of its kiosks to cities across Canada, working with strategic partners to further integrate the Cannvas.Me platform into existing retail experiences.

Earlier in October, Cannvas announced the signing of a letter of intent with Loop Media Group to negotiate an agreement whereby the two companies will share data and insights to improve customer experiences on each respective platform and Cannvas will become the exclusive provider of cannabis information and education to Loop Media's Hi-Jane mobile marketing platform. While details have yet to be finalized on the role Loop Media will play in the rollout of the learning kiosks, they are expected to be a significant element of any completed deal.

About Cannvas Medtech Inc.

Cannvas Medtech is a leading business technology company in the cannabis space. The company designs and builds customer-centric solutions that enable its partners to harness the power of data to truly understand their customers, industry and key business drivers.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.