04:03:47 EDT Thu 25 Apr 2024
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or Name
USA
CA



ParcelPal Technology Inc
Symbol PKG
Shares Issued 29,514,058
Close 2017-06-27 C$ 0.13
Market Cap C$ 3,836,828
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ParcelPal begins on-demand delivery for cannabis

2017-06-29 10:14 ET - News Release

Mr. Kelly Abbott reports

PARCELPAL BEGINS CANNABIS ON DEMAND DELIVERY

ParcelPal Technology Inc. has successfully tested and has begun facilitating the delivery of medical cannabis to patients across Vancouver through a strategic partnership with the premium on-line dispensary, Birch + Fog.

Canada plans to legalize recreational cannabis before July 1, 2018, and the industry continues to steal headlines as this has created great opportunity for both companies and investors alike. In the green rush, the investment community has primarily been focused on the cannabis producers. It has been widely speculated that the market will soon sway to ancillary businesses that support and facilitate both the production and distribution of cannabis. With full legalization pending and a relatively unsophisticated and progressive business space, the cannabis industry will reward those that can solidify their supply chain and increase their on-line presence to reach potential and returning customers.

With the ParcelPal integration, a simple click on the add-to-cart button and consumers are ready to check out just as if they were ordering a product from any other on-line store, with the addition of having the product delivered to them within the hour.

President and chief executive officer Kelly Abbott stated, "We're excited to work with the Birch + Fog team in helping them to develop new product distribution tactics that they can apply to meet the demands of their customers."

Mr. Abbott continued: "With 25-plus states and Canada moving forward with recreational legalization, ParcelPal is positioned for expansion opportunity in this rapidly maturing marijuana market among the other verticals the technology is suited for. We're very excited to begin working in this growing industry and to start setting the precedents for delivery standards to Birch + Fog's customers across Canada."

"We are excited to work with ParcelPal on same-day delivery for discerning consumers of our cannabis lifestyle products. We want our B+F people to experience more of the moments that matter to them, preferably within an hour of placing an order," said Derek, Birch + Fog's chief product officer.

Receive your order in an hour or less by ordering at Birch + Fog today!

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 across Canada.

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