marijuana stocks news

Leafbuyer Technologies, Inc. Announces Final Development Update and Timeline for Blockchain Deployment

Leafbuyer Technologies, Inc. (“Leafbuyer” or the “Company”) (LBUY), a leading cannabis technology company, announced today it has entered the final development phases of the industry’s first large-scale platform based on blockchain technology. Final development is expected to be completed in October. A market launch is expected as soon as December 2018.

Blockchain allows for a digitized, decentralized, secure environment in which transactions are made and information is stored in a verifiable, permanent way. This innovative, anti-fraud technology will support Leafbuyer’s transparency with its customers. The launch will help create a bridge for cannabis consumers to eventually complete monetary transactions electronically with dispensaries and product companies.

“This first-of-its-kind blockchain solution offers complete transparency between cannabis businesses and the end consumer, which, we expect, will add significant value to Leafbuyer’s platform. This, in turn, should open more revenue possibilities as we broaden the platform. The possible applications with blockchain technology are extraordinary, and we look forward to implementing this initiative to drive the growth of our company,” said Leafbuyer Chairman and CEO Kurt Rossner.

About Leafbuyer Technologies, Inc.

Leafbuyer.com is one of the most comprehensive online sources for cannabis deals and information. Leafbuyer works alongside businesses to showcase their unique products and build a network of loyal patrons. Leafbuyer’s national network of cannabis deals and information reaches millions of consumers every month. Leafbuyer is the official cannabis deals platform of Dope Media, LA Weekly, and Voice Media Group.

Learn more at Leafbuyer.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180927005264/en/


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
Leave a Reply

Your email address will not be published.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

You May Also Like

Curaleaf Holdings, Inc. (CURLF) to Report First Quarter 2023 Financial and Operational Results

Curaleaf to Report First Quarter 2023 Financial and Operational Results Curaleaf Holdings,…

Future Farm Technologies Inc. (FFRMF) Signs LOI to Acquire Controlling Interest in Massachusetts Dispensary and Grow Operation

Future Farm Signs LOI to Acquire Controlling Interest in Massachusetts Dispensary and…

$HEMP Announces 3rd Quarter Results

Hemp, Inc. Reports 2014 Third-Quarter Results and Company Update LAS VEGAS, Nov.…

$XXII Century’s Central American Growing Program

22nd Century’s Central American Growing Program to Yield Large Quantities of Proprietary…