Leafbuyer Technologies, Inc. (Leafbuyer or the Company) (OTCQB: LBUY), a leading cannabis technology company, announced today it has entered the final development phases of the industrys 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 Leafbuyers 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 Leafbuyers 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.
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