ParcelPal Logistics Inc C.PKG

Alternate Symbol(s): PTNYF

Industrials

ParcelPal Logistics Inc. is a Canada-based courier and logistics company, which is a specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health, meal kit deliveries, retail, groceries and more. It provides a range of solutions, including warehousing solutions, next day delivery, same day delivery and e-commerce integration. The Company offers logistic management services and supply chain solutions. Under warehousing solutions, it streamlines its transport products with warehousing to assist in meeting storage requirements. The Company offers delivery and logistics solutions for business to business, business to customer, and any other tailored creative solution its partners may require.

CSE:PKG - Post by User

ParcelPal Logistics Inc

Bullboard Posts

Post by capitalgainon Mar 21, 2019 4:58pm

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Post# 29519724

Just some PKG Catalysts !

We plan to keep this expansion paralleled with Canada. California has very big opportunities for us, keep an eye out for news.

We are aiming to partner up with one of the major LP’s in Canada. We have had conversations with a few players, but I cannot comment further than that.

Anytime I enter a new market, to lower capex, I always wish to have partnerships within that region. The cannabis market needs a reliable and innovative distribution partner, so are expecting this to be a large growth catalyst for our national expansion strategy.

We’ve aimed ourselves at the medical space to start, and we’re now taking the proper steps to position ourselves for the opportunities that are present within the recreational space.

From a market perspective, I believe the focus has been on cannabis producers and I think the market will switch to looking at ancillary businesses that support production and distribution.