Snipp Interactive, Inc. Receives First Order With Leading Cannabis Social Network in the US; The Order Value Currently Stands...
June 10 2019 - 7:00AM
Snipp Interactive Inc. ("Snipp" or the “Company”) (TSX-V: SPN;
OTCPK: SNIPF), a global provider of digital marketing promotions,
rebates and loyalty solutions, today announced that it has received
its first order in the Cannabis space from a leading social network
for the cannabis community in the US market.
Pursuant to the MSA, Snipp will enhance the
client’s current program and implement a comprehensive solution to
allow for the effective acquisition and retention of users on the
client’s social platform. “We are energized by the receipt of
this order for our platform and by the client’s recognition of
our expertise in running customer acquisition and
retention programs across multiple industries,” said Atul
Sabharwal, Chief Executive Officer of Snipp. “As we
expected when we launched our Cannabis Marketing Resource Center
almost a year ago, the Cannabis industry was going to gravitate
toward marketing practices that are similar to other regulated
industries we work extensively in. Today’s announcement is an
important step in that direction. We look forward to enabling this
industry-first solution for this client in states that
have regulated the production and sale of cannabis.”
About Snipp:
Snipp is a global loyalty and promotions company
with a singular focus: to develop disruptive engagement platforms
that generate insights and drive sales. Our solutions include
shopper marketing promotions, loyalty, rewards, rebates and data
analytics, all of which are seamlessly integrated to provide a
one-stop marketing technology platform. We also provide the
services and expertise to design, execute and promote client
programs. SnippCheck, our receipt processing engine, is the market
leader for receipt-based purchase validation; SnippLoyalty is the
only unified loyalty solution in the market for CPG brands. Snipp
has powered hundreds of programs for Fortune 1000 brands and
world-class agencies and partners.
Snipp is headquartered in Toronto, Canada with
offices across the United States, Canada, Ireland, Europe, and
India. The company is publicly listed on the Toronto Stock Venture
Exchange (TSX-V) in Canada and is also quoted on the OTC Pink
marketplace under the symbol SNIPF. Snipp was selected to the TSX
Venture 50®, an annual ranking of the strongest performing
companies on the TSX Venture Exchange, in 2015 and 2016. SNIPP IS
RANKED AMONGST THE TOP 500 FASTEST GROWING COMPANIES IN NORTH
AMERICA on Deloitte’s 2018 Technology Fast 500™, for the third year
in a row.
FOR FURTHER INFORMATION PLEASE CONTACT:
Snipp Interactive Jaisun Garcha
investors@snipp.com
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which may cause actual results to differ materially from the
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reflect our current views with respect to future events and are
subject to such risks and uncertainties. Many factors could cause
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interest rate fluctuations, increased competition and general
economic and market factors, occur or should assumptions underlying
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vary materially from those described herein as intended, planned,
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their respective owners.
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