CaliPharms, Inc. (OTC PINK:KGET) has released the growth strategy for the year 2018. The company expanded the acquisition model into the Cannabis Tech Sector with the help of a medical cannabis delivery app.
The company sought the help of the cannabis blockchain app developer in the past to establish its footprint in the Cannabis tech sector by expanding the CaliPharms business model.
Calipharms will make use of the App to provide the Cannabis related products to the legal home users. The App will establish connectivity with the drivers and make use of the blockchain internal software to bill the clients.
The customers can log in to the App and order the products with the help of a credit card and the products will be delivered to the doorstep. Calipharms will make use of an internal cryptocurrency to complete the transaction in each case. However, the company is obligated to maintain the Government currency in its account for completing each transaction.
Mr. Bo Linton, President of Calipharms said the company is on the acquisition spree in the Cannabis industry. The company is scouting for acquisition of the potential candidates. Calipharms is in discussion with several related companies for acquisition roll-ups in Extraction Oils, Cannabis Delivery Blockchain App, Vape Cartridges, Vape Pens and the Cannabis farms in California.
The president is reluctant to use the word blockchain in the press releases as per the directive of SEC. But, he is compelled to disclose the active business models and the progress of the business to the stakeholders.
Blockchain will be used in the proposed cannabis delivery application for billing. The president has cautioned the investors to exercise restraint when making investment decisions in Calipharms until the company officially signs an accord and appoint a Chief Technical Officer (a blockchain expert). The company currently has no plans to mobilize funds through ICO (Initial Coin Offering).
According to Mr. Bo Linton, Calipharms will use the ICO option if the SEC comes up with a notification legalizing the digital currency as an investment.
Brief Information about CaliPharms, Inc.
CaliPharms, Inc. is engaged in medical cannabis business. The company proposes expansion into other sectors to support the legalized cannabis.