Press

CannaTrac Announces Contract for CannaCard Loading Stations in 18,000 New Retail Locations

CHICAGO, IL, February 13, 2019 – CannaTrac® (“CannaTrac”), the leading cashless payment solution for the cannabis industry, announced today that the company has signed a contract with a major organization of retailers to place CannaCard® in 18,000 retail locations across the United States.

With 18,000 new retail loading stations and more to come as the chain continues to grow, CannaCard® users now have a greatly expanded list of options for reloading and using their cards as a payment option. The retailers include convenient stores, dispensaries, CBD stores, smoke shops, and vape shops.

“This contract for 18,000 new retail stores serves as a huge milestone for CannaTrac. This is just the beginning of our national expansion as we strive to become America’s leading cashless payment solution in the (cannabis) industry,” said CannaTrac® CEO Thomas Gavin IV.

The CannaCard® presents users with options of both a physical card and a free mobile app that allows users to easily upload funds through the app with their checking account, debit card, credit card, and/or cash in person at partnered dispensaries or retail locations. Entering non-cannabis retail locations would present CannaCard® the opportunity to serve consumers as the one-stop card necessary for all transactions, both cannabis and non-cannabis.

In the near future, CannaTrac plans to expand the app’s amenities to provide consumers with loyalty rewards.

Currently, CannaCard® is the only mobile payment system fully integrated into the Adilas point-of-sale (POS) platform. As of mid-December 2018, this equated to more than 900 cannabis-related businesses that currently use Adilas having the ability to utilize the CannaCard®.

The CannaCard App™ can be downloaded for free from Google Play and Apple Store. Consumers can reload their CannaCard® at participating dispensaries and retail stores, or directly through their online/mobile account. The flat fee to load their account is $0.95.


ABOUT CANNATRAC®
CannaTrac® offers a cashless payment solution for the cannabis industry. With the CannaCard® or our CannaCard App™, both consumers and retailers benefit from the ease and safety of cashless payments.

 


 

CannaTrac® Announces the Addition of Ann Collins to its Board of Directors

CHICAGO, IL, January 31, 2019 – CannaTrac®, the leading cashless payment solution for the cannabis industry, announced that investment expert Ann Collins has joined the company’s Board of Directors. 


Collins has built up an expert reputation over three decades of working within investment and business roles. Having held pivotal roles throughout major investment markets spanning across the U.S., Canada and multiple parts of Europe, Collins has acquired a robust pipeline of experience. 


“Ann Collins brings extensive investment and business experience to CannaTrac. She will be a key person as we expand our footprint and continue to grow as the cannabis industry’s go-to cashless payment solution,” said CannaTrac® CEO Thomas Gavin. “As we look to extend our reach into additional cannabis markets such as Canada and Europe, Collins will serve as an expert on how to capitalize within each market.” 
 
Additionally, Collins currently owns and operates her own successful business while continuing her personal investment career through specialization in small and medium sized business that hold great potential. Prior to joining CannaTrac’s Board of Directors, she essentially served as the company’s Ambassador throughout Europe, where she is based.
 
Italy, Netherlands and Germany, Europe’s three largest medical cannabis markets, present a large market opportunity as they are expected to 18 billion euros combined within the next decade. 
 
“I firmly believe that CannaTrac fills a large need within the cannabis industry that others have not been able to successfully solve,” stated Ann Collins, Director for CannaTrac®. “This advantage sets CannaTrac® apart from their competitors in the industry and gives it enormous potential.” 
 
The company recently announced that its CannaCard App™ is now fully integrated into the Adilas POS system, making it instantly accessible to over 900 cannabis-related businesses.


ABOUT CANNATRAC®

 
CannaTrac® is a cashless payment solution for the cannabis industry. With the reloadable payment card on our CannaCard® our CannaCard App™, consumers and retailers benefit from the ease and safety of cashless payments.

 

 


 

CannaTrac® Releases Cashless Cannabis Payment App on Google Play and Apple Store


CHICAGO, IL, January 9, 2018 – CannaTrac® (“CannaTrac”), the leading cashless payment system solution for the cannabis industry, today announced release of the CannaCard App™ -
the company’s mobile application and cashless payment system.


CannaCard® is the Starbucks app of the cannabis world. It allows users to easily upload funds through the app with their checking account, debit card, credit card, and/or cash in person at
partnered dispensaries or retailer loading stations. The app also allows the consumer to “Shop” dispensary specific menus and conveniently “Pay” from their mobile phone. In the near future, consumers will be able “Earn Rewards” for loyalty to specific dispensaries as well.


“We are excited to announce the official release of the CannaCard App™,” said CannaTrac® CEO Thomas Gavin IV. “We aim to serve the cannabis industry as the go-to cashless payment
solution as we promote safety by removing cash from the equation and provide consumers with an easy way to support their favorite retailers.”


CannaCard® is currently active in Colorado, one of the world’s first legal cannabis markets, at Kush Gardens located at 4550 Highway 6 & 24 in De Beque, CO. CannaTrac® is currently in negotiations with several other companies to integrate the CannaCard® into their systems and will soon expand throughout the United States as the nation’s cannabis market is expected to reach 24.1 billion by 2025. This expansion will include California, the nation’s most profitable cannabis market.


Currently, CannaCard® is the only mobile payment system fully integrated into the Adilas point-of-sale (POS) platform. As of mid-December 2018, this equated to more than 900 cannabis-
related businesses currently using Adilas.


Full Integration into the Adilas system entails that any of these 900 cannabis-related businesses can fast-track becoming a participating member of the CannaCard® platform by simply
requesting Adilas to turn on the CannaCard® payment option.


The CannaCard® can be downloaded for free from Google Play and the Apple Store. Consumers can reload their CannaCards at participating dispensaries, or directly through their online/mobile account. The flat fee to load their account is only $0.95.

Shop, Pay, and Earn Rewards with CannaCard® and the CannaCard App™.


ABOUT CANNATRAC®


CannaTrac® offers a cashless payment solution for the cannabis industry. With the CannaCard® or our CannaCard App™, both consumers and retailers benefit from the ease and
safety of cashless payments.

 


 

CannaCard Releases Updated Cashless App on Google Play and Apple Store


PALOS HEIGHTS, IL, January 4th, 2019 – CannaTrac®, the leading cashless payment solution for the cannabis industry, announced the release of an updated version of the
CannaCard App™ - the company’s mobile app and cashless payment system.


CannaCard® is the Starbucks app of the cannabis world. It allows users to easily upload funds through the app with their checking account, debit card, credit card, and/or cash in person at
partnered dispensaries or loading stations. It also provides consumers with loyalty rewards and shows users specific menus for each dispensary before going in-store.


“We are excited to announce the release of our updated CannaCard App™,” said CannaTrac® COO Thomas Gavin. “We aim to serve the cannabis industry as the go-to cashless payment
solution as we promote safety in the industry by removing cash from the equation and provide consumers with an easy way to support their favorite retailers.”


CannaTrac® recently finalized beta testing and is ready for a nationwide rollout in early 2019. Currently, the CannaCard® is the only mobile payment system fully integrated into the Adilas
point-of-sale (POS) platform, which has been ranked in the top 5 POS platforms in the cannabis industry. The integration provides CannaTrac® access to the nearly 900 cannabis-related
businesses currently using Adilas.


“Fully integrated” entails that any of the businesses currently using the Adilas POS system can use the CannaCard as an alternative form of payment simply by asking their representative to turn on that option.

The CannaCard App™ can be downloaded for free from Google Play and Apple Store. Consumers can reload their CannaCard® or CannaCard App™ at participating dispensaries, loading stations, or directly through their online/mobile account. The flat fee to load their account is under $1.00 and that’s a whole lot cheaper than using a cash machine.


Shop, Pay, and Earn Rewards with CannaCard® and the CannaCard App™.

 

ABOUT CANNATRAC

CannaTrac® is a cashless payment solution for the cannabis industry. With the reloadable payment card on our CannaCard® our CannaCard App™, consumers and retailers benefit from the ease and safety of cashless payments.

 



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