02:40:35 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



ParcelPal Technology Inc
Symbol PKG
Shares Issued 28,188,558
Close 2017-03-08 C$ 0.205
Market Cap C$ 5,778,654
Recent Sedar Documents

ParcelPal to provide on-demand pot delivery in Toronto

2017-03-08 16:07 ET - News Release

Mr. Jason Moreau reports

PARCELPAL TECHNOLOGY, INC. EXPERIENCES CONTINUED GROWTH IN MEDICAL MARIJUANA MARKET

ParcelPal Technology Inc. has signed a medical marijuana dispensary chain in Toronto, Canada, that currently operates six dispensaries. These dispensaries are taking advantage of ParcelPal's technology solution to provide their customers with an on-demand delivery experience. ParcelPal expects to begin service in the Greater Toronto Area imminently.

With the 15-store nationwide dispensary chain announced Jan. 27, the five Vancouver dispensaries announced Feb. 22 and now, this Toronto-based chain, ParcelPal now has over 25 medical marijuana dispensaries signed up across Canada.

President Kelly Abbott stated: "As medical marijuana is one of the key verticals we are targeting, it has become evident to major industry players that ParcelPal's on-demand delivery is a value-added resource to any dispensary wishing to grow their sales and outreach to their patients. We are very pleased with the rapid adoption of our technology by dispensaries, and we plan on taking this vertical a step further with an expansion into Toronto. We are very excited to begin building a national brand that consumers from all verticals will recognize."

Chief executive officer Jason Moreau stated: "Delivery is critical for chronically ill patients who otherwise have to drive long distances or who may have minimal access to transportation. Our technology platform helps our partner dispensaries manage medical marijuana deliveries efficiently, while effectively maintaining regulatory compliance."

Customers who order marijuana through ParcelPal will be required to provide their date of birth at checkout to confirm they are 19 years or older and a current medical marijuana patient in Canada. For marijuana to be delivered, the recipient must be 19 years or older and must also be present to sign for the delivery and show proof of legal age with a valid photo ID.

ParcelPal now has platforms live with four verticals: retailers, liquor, restaurants and marijuana dispensaries, and has customers signed up with each.

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 Canadawide.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.