Pot Sales Go Hi-Tech
NEW YORK (MainStreet) Marijuana sales in Colorado just went hi-tech. Colorado just debuted its first pot machine on April 12, according to Denver's Fox 31 television news. The machine, which is the first specializing in medical marijuana edibles machine, is only on display for the time being.
ZaZZZ, the 21st Century "automated age-verifying dispensing machine," was unveiled at Montana's BBQ restaurant in Avon, Colo. It is scheduled for permanent installation at the Herbal Element's medical dispensary in Eagle-Vail, Colo. The machine uses radio frequency identification tags to validate the customer's eligibility to purchase the product.
"This day has been eagerly anticipated by hundreds of people," said David Gwyther, the president of Tranzbyte, a Tempe, Ariz.-based company whose American Green division makes the machine. "From shareholders to the media, competitors to possible clients, there have been eyes on this event. We are excited to announce it and are looking forward to hosting it, but most of all, we are keen to bring what we consider groundbreaking technology to the market."
"We wanted to do something a little more than plug in the machine and take a picture," said Stephen Shearin, Tranzbyte's COO. "So, we planned a small event for 200 of our closest friends to come, touch, use, and experience ZaZZZ. The machine will be the star -- placed on a stage for all to experience after a few brief words and while enjoying the great barbecue at Montana's. Come for the show, stay for the fun."
American Green, which was formerly known as Altitude Organix, was the first publicly traded medical marijuana dispensary brand in the world. Beginning in 2009, the company started marketing, selling and producing, through commercial pot cultivating strategies. It operated in conjunction with its licensed medical marijuana retail dispensaries using the Altitude Organic Medicine brand name. The Company is no longer associated with the Altitude Organic Medicine.
The "automated dispensary" only offers the company's proprietary products to qualified adults in the U.S. While there are other pot vending machines available, this is the first one that will not be behind a store counter.
Two other companies, Medbox and Endexx are the other pot vending machine makers. Endexx offers a "THC Finder" website which allows medical marijuana users to find the nearest dispensary.
For its part, Tranzbyte reps expect business to boom.
"We project to lease about a thousand machines over the next two years," said Jillian Plante, Tranzbyte spokesperson. Inevitably, Plante said, the company intends to accept bit coin in the future, because what would the future be without vending machine pot brownies bought with crypto currency?
--Written by Michael P. Tremoglie for MainStreet