Native Roots will utilize Amercanex ‘Wall-Street Model’ for its wholesale business, receiving all featured benefits, including full market transparency, price competition and full regulatory reporting.
[Press Release] Denver, Colorado (PRWEB) April 01, 2015–Amercanex Corporation, today announced that Native Roots is now a member of the American Cannabis Exchange and will conduct its wholesale business thru Amercanex proprietary web-based platform ACE Marketplace. Native Roots joins the exchange as one of the oldest and largest dispensaries in Colorado, currently holding sixty-eight licenses and operating fifteen stores in 9 locations with plans of expansion to other states in 2015.
“We are excited to have Native Roots join Amercanex as they are one of the most successful Dispensary Owners in Colorado. As competition enters the market, dispensary owners will look to electronic platforms to continuously build their brand and grow their business while lowering costs” said Steve Janjic CEO of Amercanex."
Native Roots will now receive all the featured benefits that Amercanex has to offer. The ECM model (Electronic Cannabis Market) will provide Native Roots with full market transparency and greater control of the buy/sell process, enabling better pricing, full regulatory reporting and ultimately lowering costs. This opportunity provides Native Roots with an online platform to leverage internet-based technologies, allowing its business to react quicker to market opportunities. Implementation of ACE Marketplace will assist Native Roots in strengthening relationships with its customers and partners; improve productivity; and reduce overall costs. Native Roots will operate within a real-time enterprise that dynamically adapts business processes and the systems that support them to the changing demands of an increasingly competitive market.
“Native Roots is eager to begin its relationship with Amercanex, the cannabis marketplace’s premier electronic wholesale exchange. Native Roots will be able to utilize the real time data gleaned from the Amercanex platform to help us react faster to the marketplace and remain a leader in the cannabis industry” said Josh Ginsberg CEO of Native Roots.
Amercanex is excited to have Native Roots on board as a key leader in the Cannabis Industry. Their experience and market knowledge has proven successful and will act as a powerful presence on our exchange."
Source: Amercanex. Amercanex Corp is the first fully electronic exchange, or marketplace, for the wholesale distribution of cannabis and cannabis-derived products between licensed & regulated cultivators, extractors, manufactures, and retail-dispensaries. Members can sell, buy, or exchange their inventories on a fully disclosed and transparent web-based platform. The core function of the marketplace is to ensure fair and orderly transactions, as well as efficient dissemination of price information for any product bought, sold, or exchanged on the ECM.
About Native Roots.
Native Roots is Colorado’s premier marijuana retailer with a combined 16 years of experience in the marijuana industry between its owners. Native Roots is a commonly owned group of recreational and medical marijuana companies that provide the State of Colorado with premium marijuana products and services. Native Roots currently operates 7 medical marijuana centers, 8 recreational marijuana centers and 5 marijuana cultivation facilities. Native Roots also operates a marijuana-infused products manufacturing facility, which produces hash and concentrate products and edibles. Native Roots facilities are state-of-the-art and are the keys to its success; its centers are designed with the customer in mind–beautiful, welcoming and safe–while its cultivation facilities are designed to be efficient and produce premium marijuana.
Native Roots centers are currently located in Denver (x3), Boulder (x2), Longmont, Frisco, Eagle-Vail and Aspen. In 2015, Native Roots will open 3 new retail locations in Colorado Springs, Dillon and Denver.
