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Leafbuyer Technologies, Inc. Continues Growth by Signing Contracts with Two Major Dispensary Chains
By: Business Wire
Dec. 7, 2017 07:01 AM
Leafbuyer Technologies, Inc. (LBUY) (“Leafbuyer”), a leading cannabis technology platform, announced today that it has entered into expansion agreements with two major dispensary chains, Sweet Leaf Marijuana Centers and Green Dragon Cannabis Co. The Sweet Leaf Dispensary Chain owns and operates 10 locations across Colorado and one in Portland, Oregon. The Green Dragon Cannabis Co. owns and operates 11 locations in Colorado.
Leafbuyer’s sales rose 28-percent in the last quarter year over year and the company also added 100 new locations to its deals database since April 1, 2017. “Leafbuyer Currently has 80-percent of the largest dispensary chains in Colorado. These additions show that our platform works and drives a return on investment for these companies,” said CEO Kurt Rossner. “The addition of these two dispensary chains only bolsters our push to duplicate our success in Colorado, on a national level” Rossner added. 2018 will be the biggest year ever in the cannabis industry, as California enters the legal recreational market. Leafbuyer is poised for rapid expansion beyond the Colorado market, and has begun a massive sales and marketing push into California, which should end up being the largest market in the coming years. Expansion is also underway in Florida, Nevada, Oregon, Michigan, Maryland and Maine as sales and marketing teams make progress in each market.
“By adding these two dispensary chains, we reinforce our dominance in the cannabis deals space in Colorado. These two chains alone represent three-percent of the overall Colorado market,” said Mark Breen, Vice President of Business Development. “Leafbuyer has developed significant long-term relationships with multiple dispensary chains in Colorado,” Breen added.
About Leafbuyer Technologies, Inc.:
Leafbuyer is one of the most comprehensive online sources for cannabis deals and specials, Leafbuyer.com connects consumers with dispensaries. 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 monthly.
Learn more at leafbuyer.com.
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