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TICKERS: PKG; PTNYF; PT0

Firm Inks Deal to Deliver Medicines and Covid19 Test Kits and Supplies in BC, Alberta and Ontario
News Update

Source:

ParcelPal Technology reported that it has signed an agreement to deliver pharmaceuticals and Covid19 supplies including test kits in three areas of Canada with the potential of reaching more than 40 pharmacies nationwide.

In a news release, technology and logistics firm ParcelPal Technology Inc. (PKG:CSE; PTNYF:OTCQB; PT0:FSE) announced that "it has a delivery agreement and new initiative to facilitate ordering and delivery of pharmaceuticals in British Columbia, Alberta and Ontario with potential access to over 40 pharmacies nationwide."

The company advised that the delivery agreement will allow customers access to on-demand, same-day delivery for all of their pharmaceutical needs through this strategic partnership. The firm indicated that the integration process has started and that testing will begin in Vancouver in Q2/20. Rollout plans call for the initiative to launch in British Columbia, followed soon thereafter in Alberta and Ontario.

ParcelPal stated that "part of its mission is to support its customers and suppliers, especially during tough times such as the COVID19 outbreak." The company pointed out that it has already commenced non-contact delivery initiatives specifically designed to help reduce the spread of COVID19.

The company reported that "the program will work within all provinces, allowing patients to upload a photo of their paper prescription, pay their co-pay, have a video visit with a pharmacist, and schedule delivery to any location of their choosing." The firm noted that individuals also have the option to complete the entire process via telephone if they prefer. Doctors who use the service are provided access to an analytics platform where they can track the status of prescriptions, insurance approvals and confirm deliveries.

ParcelPal's President and CEO Kelly Abbott remarked, "We are excited to be launching in a new and rapidly growing vertical in North America. We expect significant volume and customer retention rates, especially among those who have difficulties with mobility."

"On-demand and same-day delivery provides a dramatically better customer experience and is uniquely available from an on-demand pharmacy...ParcelPal will also be able to deliver everything people need including groceries, medications, ready-made meals, dry goods, COVID19 test kits and everyday items to consumers if required," added Abbott.

ParcelPal Technology stated that it "offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver, Calgary, Saskatoon and soon in major cities Canada-wide."

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Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his 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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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of ParcelPal Technology, a company mentioned in this article.




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