Leafbuyer Technologies, Inc. Announces Loyalty Integration with BLAZE

Rhea-AI Summary

Leafbuyer Technologies (OTCQB:LBUY) has announced a significant integration with BLAZE, enhancing the functionality of its Leafbuyer Loyalty program. This integration enables automated loyalty sign-ups and transaction data synchronization, which streamlines customer registration for dispensaries and improves the efficiency of loyalty programs. The new features are expected to facilitate Leafbuyer’s expansion in the California market, capitalizing on BLAZE's strong presence. Customers will soon benefit from a seamless points-per-spend system and an enhanced digital wallet feature for detailed purchase histories.

Positive

• Integration with BLAZE enhances Leafbuyer Loyalty features.
• Automated loyalty sign-ups improve customer convenience.
• Expected expansion into the lucrative California market.
• Enhanced transaction data synchronization fosters better customer retention.
• Points-per-spend system offers efficiency and reduces user error.

Negative

• None.

Integration Enables Expanded Growth Opportunities

DENVER, CO / ACCESSWIRE / August 26, 2020 / Leafbuyer Technologies, Inc. ("Leafbuyer" or "the Company") (OTCQB:LBUY), a leading technology company within the cannabis industry, and BLAZE, a prominent seed-to-sale platform with a leading point-of-sale solution for dispensaries and delivery companies, announced today an integration that enables automated loyalty sign-ups and transaction data synchronization. Retail cannabis businesses that use both Leafbuyer Loyalty, the Company's texting and loyalty platform, and BLAZE will now have access to several new features.

"This integration will allow automated loyalty sign-ups which provide a new level of convenience to the legal cannabis businesses that use both platforms," said Kurt Rossner, CEO of Leafbuyer. "This advancement will enable Leafbuyer to further expand into the California market where BLAZE is a dominant player."

"Bringing these two high-tech platforms together helps dispensaries & deliveries provide the consumer retention tools needed to create exceptional consumer purchase experiences," stated Chris Violas, Co-Founder and CEO of BLAZE.

The integration is especially significant because of the automated loyalty sign-ups that it enables. Leafbuyer Loyalty clients who use BLAZE will be able to quickly register customers into their loyalty program without relying on physical tablets. This feature is crucial for many BLAZE customers who operate marijuana delivery companies.

Also, Leafbuyer Loyalty can now automatically pull sales data from BLAZE, syncing customers' purchase data with their loyalty profiles. Loyalty systems generally operate on a points-per-visit or points-per-spend basis. While the latter is most effective, it is typically time-intensive and prone to user error. With this integration, dispensaries and deliveries can seamlessly run a points-per-spend loyalty program with no extra effort required. Once a customer makes a purchase, the purchase details are linked with the Leafbuyer Loyalty account.

The second benefit relates to the Leafbuyer Loyalty "wallet" feature. One of the Company's key recent developments has been custom web apps which show transaction history and current loyalty points via a digital wallet and also include a messaging center. The new integration enables Leafbuyer Loyalty to pull exact purchase information, giving the wallet a more robust and detailed purchase history.

"Shared clients of BLAZE and Leafbuyer Loyalty will begin seeing these new benefits within just a few days, and we look forward to using the integration to secure new dispensary and delivery clients," continued Rossner.

To learn more about Leafbuyer, visit Tech.Leafbuyer.com.

To learn more or request a demo of BLAZE, visit BLAZE.me.

About BLAZE
Founded in 2017, BLAZE, a VC-backed California technology company, offers unified seed-to-sale software and apps for the cannabis supply chain. Developed by tech entrepreneurs and former cannabis company operators, BLAZE makes tech simple with an easy-to-use frontend powered by an enterprise backend for dispensaries, delivery services, distributors, and cultivators. Customers can be more profitable and productive while creating a better user experience for end customers and employees. The company's software ensures compliance with local laws and taxes. BLAZE offers full APIs and integrates seamlessly with over 40 technology vendors in the cannabis industry.

About Leafbuyer Technologies, Inc.
Leafbuyer Technologies is one of the most comprehensive technology and communication software providers for the cannabis industry. Leafbuyer.com is an all-inclusive online resource for cannabis deals and information. Leafbuyer works alongside businesses to showcase their unique products and build a network of loyal patrons. Leafbuyer's national network of cannabis deals and information reaches millions of consumers every month. Leafbuyer is the official cannabis deals platform of Dope Media, Sensi Magazine, and Voice Media Group. Learn more at Tech.Leafbuyer.com.

Contacts:
Leafbuyer Technologies, Inc.
Andre Leonard
+720-432-5593
aleonard@leafbuyer.com

BLAZE, Inc.
Raj Chauhan
raj@blaze.me

Cautionary Statement Regarding Forward-Looking Information
Safe Harbor Statement: 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.

SOURCE: Leafbuyer Technologies, Inc.

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FAQ

What is the recent integration announced by Leafbuyer (LBUY)?

Leafbuyer announced an integration with BLAZE that enhances its loyalty program by enabling automated sign-ups and transaction data synchronization.

How will the integration with BLAZE affect Leafbuyer (LBUY) customers?

Customers will benefit from automated loyalty sign-ups and improved transaction tracking, making loyalty programs more efficient.

When will Leafbuyer (LBUY) customers see benefits from the new integration?

Shared clients of Leafbuyer and BLAZE will begin to see the benefits within a few days after the integration.

What market does Leafbuyer (LBUY) aim to expand into with this integration?

Leafbuyer aims to expand into the California market, leveraging BLAZE's strong position in that region.

What features does the Leafbuyer Loyalty program offer after integration with BLAZE?

The Leafbuyer Loyalty program now supports automated loyalty sign-ups and offers a detailed digital wallet for tracking purchases and loyalty points.