• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Cannabis Market
    Cannabis News
    Cannabis Stocks
    • Cannabis Market
    • Cannabis News
    • Cannabis Stocks
    cannabis investing

    Australis Capital’s Gets Purchase Order for Dispensary Tech

    Bryan Mc Govern
    Feb. 26, 2020 05:27AM PST
    Cannabis Investing News

    Australis Capital announced its proprietary dispensary technology application is nearing an official launch with a Nevada retailer.

    Australis Capital (CSE:AUSA) announced its proprietary dispensary technology application is nearing an official launch with a Nevada retailer.

    As quoted in the press release:

    Australis Capital is pleased to announce Cocoon Technology, LLC (“Cocoon”) is in the final phase of development and completing testing for the platform’s deployment and initial launch with Thrive Cannabis Marketplace (“THRIVE”), Nevada’s largest independently owned Cannabis Retailer, in April 2020. THRIVE has ordered 32 CocoonPod kiosks for their eight locations in Nevada, starting with the pilot location at 2755 W. Cheyenne Ave. #103, North Las Vegas, Nevada and will roll out to the other locations over the following six months. Cocoon expects to generate $1.4 million in annual recurring net revenue year one with net revenues exceeding $7.1 million over the four-year exclusive term with THRIVE.

    “We’re excited to launch the Cocoon platform in Las Vegas,” said Max Aceituno, SVP, Marketing & Product Development at AUSA.

    Click here to read the full press release.

    cannabis investingcse:ausa
    The Conversation (0)

    Go Deeper

    AI Powered
    Person touching a cannabis plant; Australia map in flag colours.

    ASX Cannabis Stocks: 10 Biggest Companies in 2025

    Map of Australia with pins sticking out.

    Australia Cannabis Investing: What You Need to Know

    Latest News

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Cannabis Investing News Stocks

    extractX

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×