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TICKERS: PKG; PTNYF; PT0

Small-Cap Logistics Company Partners with Aphria to Deliver Medical Cannabis
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The initiative, to start in Calgary, is expected to expand rapidly into other cities.

ParcelPal Technology Inc. (PKG:CSE; PTNYF:OTCQB; PT0:FSE) announced in a news release it partnered with Aphria Inc. to distribute/deliver legal medical cannabis in Canada.

Aphria, one of the largest Canadian licensed producers, will supply the product and the online sales portal. ParcelPal will distribute the product through its delivery applications. Customers will be able to track their purchase in real time and have their product delivered directly to any local place they specify.

The two companies will first roll out the program in Calgary, Alberta, and later add other cities.

"In collaboration with ParcelPal, Aphria Inc and MADD Canada are confident that this program will not only enable consumers unfettered access to their medicinal cannabis in a safe and timely manner but will furthermore assist in eliminating impaired drivers from our roadways by removing their need to drive to or from cannabis stores for product," the company noted.

"We are thrilled to be working with Aphria on this exciting new venture that will help to kick off the next evolution of our company. The legal cannabis space continues to serve as a sector filled with significant growth potential for ParcelPal. . .we are launching our legal cannabis delivery platform at the ideal time as legislation across the country continues to expand the addressable cannabis marketplace," ParcelPal CEO Kelly Abbott said in the release.

"We expect to leverage numerous business opportunities in the upcoming year. We look forward to establishing ourselves as a market leader in the cannabis delivery space and capturing meaningful market share in 2019 and beyond," Abbott added.

The release noted that legal cannabis is a $4 billion market in Canada.

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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 Technology. Please click here for more information.
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