ParcelPal Technology Inc. [CSE: PKG, FSE: PT0, OTC PINK: PTNYF] has announced their cannabis plan for Federal legalization in Canada on October 17th, 2018.
As part of ParcelPal’s strategy moving forward, the Company plans to take advantage of the bourgeoning marijuana market imminently. The marijuana vertical proposes a large opportunity and catalyst for ParcelPal to launch into many urban areas across Canada. The Company has been speaking with Provincial Government regulators and Crown Corporations to best assess how to implement and execute on their strategy going forward with recreational and medicinal marijuana. Additionally, the Company has been speaking with major LP’s to ensure a supply and consistent demand to ensure a smooth execution into the industry.
Consumers, taking advantage of ParcelPal’s service provides many benefits, such as having their cannabis products/ancillaries delivered in an hour or less while remaining anonymous, mitigating the risk of driving while intoxicated.
Both medicinal and recreational users will be required to upload and verify their ID when using the ParcelPal platform. Users that are under the age within their jurisdiction will not be allowed into this vertical on the application. The ID verification system ensures that the person is of age, the ID is in fact real, and is checked twice – once before, and upon delivery. Consumers who order product will have to be the person to receive the order. ParcelPal’s technology complies with all local, provincial, and federal laws.
President and CEO Kelly Abbott states, “This is a critical time for the cannabis industry as a whole. Adult recreational use is on the precipice of becoming legal across Canada and we are poised to take advantage of the ancillary market yet to come. We are setting a standard in Canada for accessibility, safety, and professionalism.” Abbott continued, “I believe attention from the investment community will shift from production to those who are supporting production and all things distribution.”
The company’s reach will enable access to data and further insights into patient and user demographics, preferences, behaviors, and patterns. ParcelPal plans on utilizing their delivery data to educate and inform regulators and LP’s, which is essential for ensuring continued safe access for everyone within the industry.