Strategic Asset Leasing Inc. Secures Development Contract
Strategic Asset Leasing (OTC PINK: LEAS) announced a new development contract with Cannagram, a cannabis delivery service in California. The contract involves creating an online shopping portal and payment processing system aimed at facilitating franchise growth across the state. This technology will enable delivery companies to join the platform and expand their services. CEO Jason Tucker emphasized the contract's potential for long-term revenue through ongoing technical support as the platform scales.
- New development contract with Cannagram could lead to franchise expansion.
- Opportunity for ongoing revenue from tech support as the platform scales.
- None.
CHEYENNE, WY / ACCESSWIRE / September 16, 2020 / Strategic Asset Leasing Inc. (OTC PINK:LEAS), the Company, is pleased to announce a development contract with a recently launched California cannabis delivery company.
Strategic will be developing the online shopping portal and payment processing system for Cannagram, a Northern California based delivery only dispensary, which intends to use the technology to expand into a franchise model throughout California. The online system will ultimately be designed as a stand-alone infrastructure allowing other delivery companies to join and utilize the technology to service their respective regions. Similar in the way Air BnB or Uber provide the platform, while participants provide their own property, vehicle and licenses to operate within the system, delivery companies will be able to join the platform on their licenses. Customers will be able to shop on the platform and once orders are placed a local participating delivery company will be located to deliver the orders.
Stated CEO, Jason Tucker: "This is a big contract for Strategic. The concept is really unique and has the ability to offer long term revenue to the Company. Once the platform is complete, there will be ongoing tech support and IT demands as the system scales to meet user demands."
Forward Looking Statements:
This press release contains forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Contact:
info@strategicassetleasing.net
SOURCE: Strategic Asset Leasing Inc.
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