[ad_1]
DENVER – (BUSINESS WIRE) – January 7, 2019 – Leafbuyer Technologies, Inc. (OTC: LBUY) ("Leafbuyer" or "the Company") announced today that it has launched the first phase of its blockchain multiphase initiative on December 20, 2018 This first phase integrates with the company's loyalty platform, Leafbuyer Loyalty. This launch creates the bridge for cannabis users to eventually complete electronic money transactions with dispensaries and product companies.
Now, within the Fidelity Leafbuyer application, consumers can choose to create their own blockchain portfolio, called the Leafbuyer Wallet. Immediately, when a consumer creates a Leafbuyer Wallet account at a participating dispensary, a link is sent via SMS to their mobile device. Through this link, the consumer can view their account, track all transaction history and view their loyalty points. Leafbuyer Wallet customers can visit their account at any time via their smartphone without having to be present in a participating dispensary.
"This first step in our blockchain initiative lays the foundation for Leafbuyer for the use of blockchain and cryptocurrency in our business plans," said Leafbuyer CEO Michael Goerner.
Blockchain allows a digitized, decentralized and secure environment in which transactions are performed and information is archived in a verifiable and permanent way. This state-of-the-art anti-fraud technology supports Leafbuyer's initiative to provide transparency to its customers and consumers.
"The sky is the limit with blockchain," said Leafbuyer CEO Kurt Rossner. "The technology will help shape the cannabis industry and open the door to new revenue opportunities for Leafbuyer, we want to offer the highest level of transparency with customers and blockchain will help us achieve this."
Safe Harbor Statement
This press release may contain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual results and results that are substantially different from those anticipated or anticipated, including statements regarding the amount and timing of expected revenues and any payment of dividends on our common and preferred stock, statements relating to our financial performance, expected income, distributions and future growth for the next quarters and annual periods. These risks and uncertainties are further defined in the Company's archives and reports to the United States Securities and Exchange Commission (SEC). The actual results and timing of certain events may differ materially from those provided in the forward-looking statements due to various factors detailed from time to time in our documents filed with the Securities and Exchange Commission. Reference is made to the cautionary statements in the most recent SEC archives of the Company.
About Leafbuyer
Leafbuyer.com is one of the most comprehensive online sources for cannabis offers and information. Leafbuyer collaborates with cannabis companies to showcase their unique products and build a network of loyal customers. The company's online network reaches millions of marijuana users every month. Leafbuyer is the official platform for LA Weekly cannabis offerings, Voice Media Group, Dope Media, Grasscity and The Stranger.
Find out more on Leafbuyer.com.
View the source version on businesswire.com: https://www.businesswire.com/news/home/20190107005595/en/
CONTACT: Leafbuyer Technologies, Inc.
Andre Leonard, + 720-432-5593
KEYWORD: UNITED STATES NORTH AMERICA COLORADO
INDUSTRY KEYWORD: ONLINE TECHNOLOGY DATA DATA MANAGEMENT INTERNET SOFTWARE HEALTH ALTERNATIVE MEDICINE MOBILE / WIRELESS RETAIL
SOURCE: Leafbuyer Technologies, Inc.
Copyright Business Wire 2019.
PUB: 01/07/2019 08:15 AM / DISC: 01/07/2019 08:15
http://www.businesswire.com/news/home/20190107005595/en
