RewardStream Announces Referral Marketing Platform for Cannabis Licensed Producers, Doctors and Patients

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 22, 2017) - RewardStream Solutions Inc., ("RewardStream" or the "Company"), (TSX VENTURE:REW)(FRANKFURT:JL4L) (WKN Number A2APX1) a world leader in referral marketing solutions, is pleased to announce the availability of the Spark™ referral marketing platform for the cannabis industry. The Company is targeting licensed producers, prescribing doctors and patients where medical and recreational uses have been legalized, including across Canada and in U.S. states including California, Colorado and Washington.

"The cannabis market is growing quickly as more locations in North America continue to legalize marijuana for medical and recreational uses," stated Rob Goehring, Chief Executive Officer of RewardStream. "Referrals are one of the most powerful ways to accelerate the growth of new markets, often cited as the key driving force in the growth of companies such as DropBox, Uber and AirBnB. As legalized medical marijuana continues to gain a wider foothold in the treatment of many conditions, referrals can help licensed producers, doctors and patients find new customers and trusted providers using our referral marketing platform. The Canadian market alone is estimated by Deloitte to have a potential of more than $22 Billion, and we continue to develop new revenue channels in exciting new markets with the goal of being the industry standard in referral marketing and software.*"

The RewardStream cannabis referral solution works for licensed producers, prescribing doctors to drive low-cost customer acquisition. Today, licensed producers and prescribing doctors are challenged to grow their customer base with limited alternatives and tools. Now with the Spark™ platform, these organizations have an easy-to-use solution to help grow their client base by leveraging the trusted recommendations and referrals of existing customers to find new customers. Medical cannabis patients experience tremendous benefits from the treatments, and typically have friends or family that have similar medical issues and needs. In a previously unknown landscape and confusing marketplace, referrals are tremendously powerful to help new patients discover and trust doctors and suppliers. In addition, patients looking for trusted providers will be able to register for access to the growing network of prescribing doctors and licensed producers in the RewardStream network.