(NEW YORK)—AppSwarm (OTCMKTS:SWRM) looks to leverage their new Last Mile Delivery technology for use as a potential cannabis delivery platform for dispensaries, and retail shops.
SWRM recently launched its LastMile Delivery Platform, in partnership with SinglePoint (OTCMKTS:SING), out on iTunes and Google Play.
Cannabis companies and dispensaries can use the LastMile Platform to create products, inventory, and orders for their customers, and then use the mobile app to track a list of orders they need to deliver.
The app pre-screens drivers who receive orders from the dispatcher and then get turn-by-turn directions to the customer’s location. Drivers use the app to track a list of orders they need to deliver, while customers can get live information about their order, and delivery status and location. https://lastmiledelivery.io/
SWRM is the owner of the core underlying technology behind LastMile, which opens the door for them to fashion partnerships with other potential cannabis dispensaries to offer a mobile tracking system for their customers to track deliveries by phone. Think GrubHub for the cannabis market!
Both partners are working collaboratively to launch into the Canadian cannabis market, which is set to be fully legal on October 17th.
Last Mile for Traditional Retail Stores
Since SWRM is the core developer behind the last mile delivery technology they also are looking to expand this application platform towards more traditional retail chain partners seeking last mile delivery solutions.
Last mile delivery has become a popular area of interest for retailers due to the growing demand for fully integrated omnichannel retailing. Large logistics companies can easily handle the problem of moving large amounts of products across vast distances. However, the final mile from retail outlets or local grocery store to customers’ homes often presents a problem.
AppSwarm has created a technology solution that allows small independent companies to fulfill that need, and marketing this to smaller chains and retail shops could prove a real revenue producer for both parties involved.
The potential for a mobile tracking app for last mile deliveries of cannabis products could set SWRM stock on fire based on the high retail demand for anything related to cannabis legalization currently. To get an idea of how hot the market is one only need look at some plays such as Cronos Group (NASDAQ:CRON), Tilray (NYSE:TLRY), Aurora Cannabis (OTCQX:ACBFF), or India Globalization Capital (NYSE:IGC) to get an idea.
SWRM received an upgrade to its stock to a price of $0.07 to $0.10 per share based on recently developments read more
No matter if geared towards cannabis market, or old school traditional retail chains, SWRM Last Mile technology positions them for growth as partnerships expand.
AppSwarm currently has approximately 150 million shares outstanding, and trades under ticker symbol “SWRM”. https://www.otcmarkets.com/stock/SWRM/profile
AppSwarm is a technology company specializing in the accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs. For more information visit www.app-swarm.com