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ParcelPal to Launch Cannabis Delivery on April 15th

Apr 11, 2019 • 11:37 AM GMT+0000
5 MIN READ  •  By mberger
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ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (CSE: PKG) (CSE: PKG.CN) (FSE: PT0) (OTC: PTNYF) – is pleased to announce cannabis deliveries with Kiaro will commence April 15th, in the province of Saskatchewan.

This follows the previously announced distribution agreement between the two companies (https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aPKG-2730747&symbol=PKG&region=C)

Further to the announcement on March 14th, ParcelPal and Kiaro’s partnership goes live on April 15th in Saskatoon, Saskatchewan. The companies have completed integrations and have been actively marketing the service.

If you live in Saskatoon, here’s how you can order cannabis:

  1. Visit kiaro.com and browse through the curated collection of pre-rolls, flowers, tinctures, capsules, and accessories.
  2. Select the product you wish to buy, and choose ParcelPal as your delivery option.
  3. Receive an email with your codeword to present when accepting your delivery.
  4. Access the ParcelPal app for live tracking, so you can watch our driver deliver your goods within the hour.

President and CEO Kelly Abbott states, “We are extremely excited to go-live with our first partner in the cannabis space, Kiaro. Customers no longer have to wait for upwards of a week to safely receive their product. We are now one step closer to becoming the Uber of Cannabis in Canada. I would like to thank both the ParcelPal and Kiaro team for all the hard work completing this project for our up coming launch.” Mr. Abbott Continues: “We will also be rolling out several verticals in the month of April within the city of Saskatoon. We look forward to expanding into additional cities in Saskatchewan and beyond with Kiaro.”

CEO of Kiaro, Daniel Petrov, said “Enabling the delivery of cannabis products within the hour is an important milestone, as we look to legitimize the industry and normalize cannabis use. The distribution agreement with PacelPal improves product accessibility in Saskatchewan, and empowers Kiaro to enhance life enjoyment for consumers across the province. Through the accelerated delivery of strategically curated products, we hope to inspire greater cannabis curiosity, exploration and education.”

Customers who order cannabis or alcohol through the ParcelPal platform will be required to upload and verify their identities. Users that are under the necessary age within their jurisdictions will not be allowed into this vertical on the application. The identity verification system ensures that the person is of age, and that the identity is in fact real. This identification is checked twice — once before and once upon delivery. Consumers who order product will have to be the person that receives the order. ParcelPal’s technology complies with all local, provincial and federal laws.

ParcelPal Website: www.parcelpal.com

The Canadian Securities Exchange (“CSE”) or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.

CSE – Symbol: PKG
FSE – Symbol: PT0
OTC – Symbol: PTNYF

Forward Looking Information

This news release contains forward looking statements relating to the Proposed Transaction, and the future potential of ParcelPal.  Forward looking statements are often identified by terms such as “will”, “may”, “should”, “intends”, “anticipates”, “expects”, “plans” and similar expressions.  All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties.  These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal.  There can be no assurance that any forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The Company cannot guarantee that any forward-looking statement will materialize, and the reader is cautioned not to place undue reliance on any forward-looking information.  Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.  Forward looking statements contained in this news release are expressly qualified by this cautionary statement.  The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.

About Kiaro

Kiaro is a Vancouver-based cannabis brand that carries a variety of curated products appealing to individuals who wish to enhance their life enjoyment through cannabis. The company plans to open a number of fully compliant retail stores across Canada and, through its stores and e-commerce platform, offer a customized omni-channel cannabis experience that is inviting, convenient and appealing, allowing consumers to choose safe and reputable products. Kiaro’s name derives from the Italian word chiaroscuro, meaning “to emerge from the darkness into light” – a nod to the new era of cannabis legalization.

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 Canada-wide.

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Authored By

mberger

Michael Berger is the Founder of Technical420 and Managing Partner of StoneBridge Partners. Prior to entering the cannabis industry, Michael worked as an Equity Research Analyst at Raymond James Financial and recognized a major information void when it comes to the cannabis industry while working in this position. Michael continues to be one of the top authorities on cannabis equities in the industry.

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