“I was blown away by FOBI “ ($KO CEO Daniel Petrov)
“Kiaro has built an amazing tech driven cannabis retail business” ($FOBI CEO Rob Anson)
If you’re a shareholder of one of these companies, here is what you need to know about each that makes this technology partnership so powerful:
KIARO is one of Canada’s largest retailers of cannabis, with 16 locations and forecasted annual revenue of $42.7 million from these locations, at a gross profit of $13.7M with further growth anticipated.
FOBI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement in the brick and mortar space. From that core technology they have built a technology stack on top of it that is second to none.
More than just talk, FOBI has completes Integrations with Lightspeed and Shopify to provide real-time Point of Sale data analytics. Moreover, they recently announced another $250.000 Data Consulting Agreement with Azincourt Energy
TOGETHER they combined forces in this press release “Fobi Signs $240,000 Data Consulting Agreement With Kiaro Holdings, A National Cannabis Retailer With 16 Locations And Forecasted Annual Revenue Of $42.7 Million, To Assist With Development Of Data Warehouse”
How important is this agreement to each other’s success?
Very.
Watch this powerful interview with FOBI CEO, Rob Anson and Kiaro CEO Daniel Petrov to find out exactly.
Tags: AI, Cannabis, IOT, Marijuana, small cap marijuana stocks, stocks, tsx, tsx-v, weed