CannaSys Plans California Expansion Through New Distribution
Relationships into $10 billion Market
Denver, CO -- May 26, 2016 -- InvestorsHub NewsWire
-- CannaSys, Inc. (OTC QB: MJTK), a leading marketing,
branding and technology company focused on the regulated cannabis
industry, today announced that it had successfully expanded into
the California market with the adoption of its technology products
by California Cannabis in Playa Vista, Los Angeles.
Synergy has implemented the use of CannaSys loyalty product,
BumpUp Rewards, and plans to expand its offering with CannaSys new
social deals application, CitizenToke. Synergy is the first
dispensary in California to sign up to CannaSys technology suite
and is in the heart of Los Angeles.
It is estimated that Californias retail cannabis market is worth
approximately $10 billion, noted Michael A. Tew, CEO of CannaSys.
As we look at the legislative cycle this year, California is a
major focus for us in our product marketing and distribution
efforts.
In addition to its relationship with California Cannabis,
CannaSys has signed a strategic distribution and marketing
agreement with Green Capital Ventures, Inc., a San Diego based
cannabis industry consultancy and financing firm. Green Capitals
founders are also founders of Gridiron Cannabis Coalition, an
organization also founded by former All-Pro Tackle Kyle Turley.
CannaSys plans to form additional partnerships to distribute its
core technology products and celebrity branded products throughout
California. As user and product adoption begins to increase, new
products will be introduced into the market.
About CannaSys, Inc.
CannaSys is a leading technology solutions, marketing, and
branding company in the regulated cannabis industry. Its core
products are delivered "software as a service" to facilitate
point-of-purchase transactions, customer relationship marketing
solutions, and regulated cannabis laboratory information management
systems. CannaSys plans to develop, acquire, and build strategic
relationships with other businesses in order to bring additional
solutions to market in both established and developing medical and
recreational cannabis states. For more information, please visit
www.cannasys.com
About Synergy Holistic Health Center, Inc. (California
Cannabis)
Synergy Holistic Health Center, Inc. is a licensed provider of
medical cannabis products to California residents. Based in Playa
Vista, Los Angeles, California Cannabis is located at 5707 Mesmer
Avenue. For more information, please visit http://california-canna-5pps.squarespace.com/
or @ccplayavista.
FORWARD-LOOKING STATEMENTS
This release includes forward-looking statements. Investors are
cautioned that such forward-looking statements involve risks and
uncertainties, including without limitation, continued acceptance
of CannaSyss products, increased levels of competition for
CannaSys, new products and technological changes, CannaSys's
dependence on third-party suppliers, and other risks detailed from
time to time in CannaSys's periodic reports filed with the
Securities and Exchange Commission.
Contact:
CannaSys, Inc.
Michael A. Tew
Chief Executive Officer
Tel: 720.420.1290
Email: michael.tew@cannasys.com
Web: www.cannasys.com