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First Harvest Launches Ufly420 for On-Demand Legal Cannabis Delivery

Nachrichtenquelle: Marketwired
16.08.2017, 14:30  |  769   |   |   

TAMPA, FL--(Marketwired - Aug 16, 2017) - First Harvest Corp. (OTCQB: HVST) (the "Company" or "First Harvest"), a technology, media and mobile gaming platform with a focus on the cannabis industry, announced today its monetizing beta version launch of Ufly420. The enabling connectivity technology platform is similar to an UberEATS-style delivery app, providing on-demand legal cannabis delivery. The Company anticipates full commercialization launch of the app in California on is targeted for October 1 in California, 2017.

The Ufly420 app was internally developed over the past year and will be available on both the iPhone and Android operating systems by October 1, 2017 for use in the state of California. Ufly420's proprietary technology platform bridges the gap between patients and dispensaries, and utilizes the dispensaries' existing network of approved drivers to deliver legal cannabis. The app allows cannabis users to search for specific cannabis strains, then pings /locates the closest dispensary. The technology platform is logistics-based and provides for improved connectivity to better enable deliveries between dispensaries and cannabis users.

The Ufly420 business model allows for legal dispensaries and delivery services to upload and include their menus for free. The revenue model includes a small transaction fee paid by the dispensary and the customer. The initial rollout of the app will take place in California; however, management intends to target all legal states which have legalized cannabis as well as Canada and other countries as potential launch targets.

Interested dispensaries in California should visit: https://www.ufly420.com to request a demo. We will notify additional states of the launch of Ufly420; such states will stay tuned and will be updated as Ufly420 expands.

"We are very excited about the potential opportunities with Ufly420," said Kevin Gillespie, First Harvest's Chief Executive Officer. "Our development team has built a differentiated technology that is superior in enabling cannabis users to connect with dispensaries to allow for the delivery of the connectivity of an aggregation of legalized cannabis delivery. We look forward to commercializing another technology in the cannabis industry and diversifying and complementing our Hemp Inc game."

About First Harvest, Corp.
First Harvest, Corp. (OTCQB: HVST), is a technology, media and mobile gaming platform with a focus on the cannabis industry. Hemp Inc is a business strategy, role-playing game with its focus on the modern cannabis culture. The mobile game is protected by proprietary intellectual property and was developed and is being maintained by an experienced development team. CannaVoices is a member-based social media platform for subscribers to participate in an open forum with other pro-cannabis supporters in an interactive social media platform. 

For more information, please visit: FirstHarvestCorp.com

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission ("SEC"). The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimated" and "intend," among others. The achievement or success of the matters covered by such forward-looking statements involves significant risks, uncertainties, and assumptions. Investors should read the risk factors set forth in the Annual Report on Form 10-K filed with the SEC on June 30, 2017 and future periodic reports filed with the SEC. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

Contact Information
Mike Bowdoin
(321) 283-6552
ir@firstharvestcorp.com

Hayden IR
(917) 658-7878
hart@haydenir.com

Wertpapier
First Harvest
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