MIAMI, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- DPLUG Software, Inc., a Florida-based technology company focused on the integration of mobile technology, cannabis and blockchain, today announces that its revolutionary DPLUG App will go live and begin processing transactions in February 2019. The app is currently active on the iOS and Android platforms and, to date, features more than 2,000 participating cannabis dispensaries.
The company is now expanding its marketing campaign for the DPLUG App and is undertaking a private placement of its authorized voting common stock to qualified investors. For more information on this opportunity, email Info@DPLUGapp.com.
“We are right on target with our projected development timeline for the game-changing DPLUG App,” said Haider Rana, president and founder of DPLUG. “Development of the app commenced in July 2018, and we began a private beta testing phase in October. The public beta testing phase kicked off in January, and the results have been everything we hoped for. We are now on the precipice of publicly launching version 1.0 of the DPLUG App, which conveniently connects consumers with cannabis merchants and products and also addresses some of the primary challenges currently faced within the cannabis industry in the United States.”
The DPLUG App is an innovative new platform that effectively enables cannabis merchants to overcome three of the major hurdles they face within the U.S. cannabis industry:
- Delivery: Many dispensaries are limited to in-store sales because they do not have a delivery force to service remote customers. The DPLUG App provides a turnkey delivery service using our vetted pool of drivers and delivery agencies. Dispensaries no longer have to rely solely on in-store sales.
- Banking & Merchant Services: Banking and merchant services institutions fear federal backlash if they service the cannabis industry, leaving dispensaries unbanked and vulnerable to theft. The DPLUG App and Dispense Coin allow dispensaries to essentially take credit card payments and store funds safely and easily, all without fluctuations in value.
- Advertising: Cannabis dispensaries are subject to stringent regulations when it comes to advertising. Each state’s laws are different, and keeping up can be tedious. The DPLUG App allows dispensaries to easily advertise within the DPLUG ecosystem using DPLUG advertising credits. These credits are purchased only with Dispense Coin.
Two Integrated Apps, One Outstanding Service Experience
The DPLUG ecosystem will include two apps: DPLUG (the consumer app) and DPLUG for Drivers. Both apps will be integrated and synched in real-time. Dispensaries will be able to upload their product inventories and other information through the DPLUG website.
Here’s how it all works:
The DPLUG App connects consumers with smoke shops and cannabis dispensaries, facilitating product orders and delivery. When the customer wishes to place an order, they log into the app and can use the smart search engine to browse available products. The buyer can also use an interactive map with pinned dispensary and smoke shop locations for easy access to inventory and quick ordering.
The DPLUG App offers consumers the ability to pay for their products using Dispense Coin or other supported cryptocurrencies such as Dash, Ether and Bitcoin. With this capability, consumers avoid using their banks for cannabis-related transactions, and dispensaries are able to sidestep high transaction fees charged by the few financial institutions that are willing to work with cannabis merchants.
Once an order is placed, a licensed and insured driver is notified through DPLUG’s separate drivers’ app, DPLUG for Drivers. Much like food delivery apps today, the app will enable consumers to track their driver from the dispensary to the delivery point.
On the consumer app’s social forum, cannabis users can discuss their experiences and findings, post questions and answers, message other users, and discuss other topics of interest.
“We are focused on dramatically affecting the way cannabis merchants do business with their customers. The cannabis industry is hampered by several legislative and societal hurdles, and our DPLUG technology offers solutions to them all,” states Cody Woodring, director of marketing for DPLUG.
About DPLUG Software, Inc.
DPLUG Software, Inc. is focused on the integration of mobile technology, cannabis and blockchain. The company’s DPLUG mobile app connects consumers with smoke shops and cannabis dispensaries, facilitating product orders and delivery. The app boasts several easy-to-use features that enable the user to quickly locate merchants and browse their inventories, track the delivery of their orders, and participate in a social forum with other cannabis users. DPLUG works in tandem with the company’s new cryptocurrency, Dispense Coin, which is dedicated entirely to the cannabis industry. Using DPLUG, consumers can elect to use Dispense Coin rather than cash, bypassing the traditional banking challenges of the cannabis industry and streamlining the purchasing process. The company is also developing DPLUG for Business and DPLUG for Drivers, which will be fully integrated and synced in real-time with the DPLUG mobile app for consumers. For more information, visit https://www.dplugapp.com/.
Company Contact:
Dennis Duggins
213.256.3658
Info@DPLUGApp.com