Stuart Smith of SmallCapVoice.com, Inc. goes one on one with Drop Technologies, Inc., CEO Vanessa Gabriel. Drop Delivery is the first all-in-one platform designed to help cannabis retailers safely – and compliantly – sell cannabis products, collect digital payments, handle supply chain management, and last mile delivery. Not to mention, it does it at an extremely affordable price compared to alternative options.
This means this unique software solution is designed to help cannabis retailers achieve higher profit margins under the existing regulatory regime — not under the hopes any meaningful laws will be passed.
Year to date, the Drop Delivery software platform is already being used by more than 96,000 retail customers, and has processed more than $6 million in transactions in 2020 across multiple states.
The company is seeing 30%+ growth month-over-month across major data points, which include clients, transactions, and marketing engagements.
And, the management team has a proven track record in the cannabis space, recently selling its cannabis order ahead platform for dispensaries – Greenlight – after only 9 months of operation.
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