Business
Cocoon Technology Signs Exclusive Agreement with Thrive Cannabis Marketplace, Nevada's Largest Independent Dispensary Chain
Cocoon Technology Signs Exclusive Agreement with Thrive Cannabis Marketplace, Nevada's Largest Independent Dispensary Chain.
About this update from Australis Capital Inc.
[{"type":"text","content":"\n\n\n\nCocoon Technology Signs Exclusive Agreement with Thrive Cannabis Marketplace, Nevada's Largest Independent Dispensary Chain\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCocoon Technology Signs Exclusive Agreement with Thrive Cannabis Marketplace, Nevada's Largest Independent Dispensary Chain\nCanada NewsWire\nLAS VEGAS, Dec. 9, 2019\n\n\n\nLAS VEGAS, Dec. 9, 2019 /CNW/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (\"AUSA\" or the \"Company\") is pleased to announce THRIVE Cannabis Marketplace (\"THRIVE\") has entered into a four-year agreement with Cocoon Technology LLC (\"Cocoon\"), including CocoonPod™ and CocoonRewards™ the world's most robust Platform-as-a-Service (PAAS) specifically developed for dispensaries. Through this agreement, Cocoon will become the exclusive self-service technology provider for THRIVE.\n\n \n \n\n \nTHRIVE, Nevada's largest independent dispensary chain, will install  CocoonPod™ kiosks in their eight existing and newly approved locations across Nevada starting late Q1 2020. Built on a cloud-based, self-service fulfillment platform, CocoonPod™ features consumer-facing kiosks as stand-alone units or multi-unit \"pods\" as the core consumer point-of-interaction, coupled with a consumer mobile application and tablet for employee assisted self-service transactions. THRIVE customers will be able to verify identification, research products, place orders, order ahead, auto-repeat orders, gain loyalty rewards with CocoonRewards™, make payments with cash or bank cards, and make charitable contributions directly through the kiosk or mobile application. \n\"THRIVE is clearly positioned as the vanguard in the industry leveraging their deep understanding and experience in building some of the greatest brands in the U.S. cannabis space today,\" states Scott Dowty, CEO of AUSA. \"Their commitment to technology and process maximizes operational efficiencies, with a keen focus on ensuring the customer experience is always top-of-mind and is the ideal environment for Cocoon to have an immedi...