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TICKERS: PKG; PTNYF; PT0

Canadian Logistics Firm Partners with Cannabis Companies
News Update

Source:

ParcelPal Technology continues expanding its reach into this growing market.

In a news release, ParcelPal Technology Inc. (PKG:CSE; PTNYF:OTCQB; PT0:FSE) announced new partnerships with two companies in Canada's legal cannabis sector.

One, Vancouver-based ParcelPal signed an agreement with Agro Greens to deliver medical cannabis for it, starting in Saskatchewan and then expanding to Alberta.

Also, ParcelPal started an initiative with Shelter. With Shelter's new medical cannabis e-commerce platform called Shelter Market, patients can order products from that online marketplace, and then ParcelPal will deliver them to the location the buyer specifies. The delivery company's technology platform allows those customers to track their orders in real time.

"The legal cannabis space continues to serve as a sector filled with significant growth potential for ParcelPal. 2019 was a difficult year for the cannabis sector, however, management believes that continuing with our legal cannabis delivery platform at the ideal time as legislation across the country continues to expand the addressable cannabis marketplace. We are excited to launch this new initiative with Shelter and continue our growth within the cannabis sector," ParcelPal's President and CEO Kelly Abbott said in the release.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: ParcelPal Technology. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with ParcelPal. Please click here for more information.
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