Leafbuyer Technologies, Inc. (OTCMKTS: LBUY) (“Leafbuyer” or “the Company”) a leading cannabis technology and marketing platform, announced today the establishment of the Company’s first satellite office in Los Angeles, California. The initiative is in addition to the Company’s original headquarters based in Denver, Colorado.
The Los Angeles satellite office will become the primary regional office for several Western states, including California, Washington, Oregon, Arizona, and Nevada. This shift allows the Company’s national footprint to expand, enabling sales initiatives to be more heavily focused on newly legal Midwestern and Eastern states, including Oklahoma, Michigan, Maryland, Massachusetts, and others.
“California is now a mature recreational and medical cannabis market, which makes this the opportune time to establish a secondary operation in the southern part of this industry-leading state,” said Kurt Rossner, CEO of Leafbuyer.
Company founders have officially hired a key director to spearhead the sales-centric operation in Los Angeles. The director’s name and credentials have not yet been disclosed.
With the help of California-based leadership, Leafbuyer plans to double the number of national sales representatives by Fall 2019.
Leafbuyer Technologies is a multi-platform cannabis technology company connecting consumers with dispensaries and product companies through online, loyalty, print, and in-person initiatives. Leafbuyer.com, known as the “Priceline of Pot”, promotes its clients’ deals and information through its cannabis media network, which reaches millions of consumers every month. Leafbuyer is the official cannabis deals platform of LA Weekly, Voice Media Group, Dope Media, Grasscity, and The Stranger.
Learn more at Leafbuyer.com.
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This press release may contain forward-looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in the forward-looking statements due to several factors detailed from time to time in our filings with the Securities and Exchange Commission. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings.
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