Endexx Corporation (OTC PINK: EDXC)’s shares jumped 13% after the companyannounced its first international lease contract in Vancouver, Canada. The Autospense unit has shipped after being customized to the Canadian customer’s requirements. The location and customer will be announced at their Grand Opening. The Autospense unit has been upgraded to manage international credit/debit card transactions specific to Canada. Client has shown its intent to expand up to four to eleven units in both dispensary and clinical settings upon proven performance and market acceptance in their region. Endexx provides inventive medical marijuana management and technology solutions.
The Company has two products that launched in the first half of 2014 — the m3hub and the Autospense. Both products provide essential solutions to promote regulatory compliance and full accountability through “seed to sale” inventory management and tracking .The m3hub database is the first standardized software platform for tracking pharmaceutical grade marijuana to support a Centralized Medical Marijuana Industry Repository and maintain compliance with the laws of the federal government and state and local regulatory bodies is based on the priniciples which is developed by the pharmacological industry.
The Autospense is a high-tech marijuana inventory control and dispensing machine, which provides up to the minute accounting details and protects the security of the product as well as the patient. By automating the dispensing process, Autospense increases productivity and reduces costs for marijuana retailers, while enhancing their service quality by reducing transaction time for customers. The press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective.