Budbo Consumer Cannabis App Merges with LaneAxis Freight Tracking Platform to form Budbo Inc.

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Joint venture to provide unprecedented level of data analytics for Cannabis Network.

“Budbo now emerges as the dominant source of cannabis tracking and business intelligence,” says Luke Patterson, Budbo President.

Budbo, a mobile phone app that matches cannabis users with desired strains and products in their area, is merging with LaneAxis Virtual Freight Management to form Budbo, Inc. For the first time, the cannabis industry will have an enterprise level suite of products truly focused on delivering real-time analytics and insights into the cannabis sector.

Often referred to as “The Tinder of cannabis,” Budbo is a consumer-facing smartphone app that allows users to “puff” or “pass” on a virtual stack of marijuana flower strains, oils, edibles, and more, all available at nearby dispensaries or for local delivery. The platform’s unique strain match feature allows users to list desired effects or symptoms, such as anxiety or insomnia, and then be presented with a list of best strain matches. Every swipe right (a “puff”) is recorded as a preferred strain or product, which represents just some of the data made available to partner-dispensaries. “Budbo Connect” is a backend web portal for cannabis dispensaries to track all key user data obtained from the app, as well as serve as the command center for real-time tracking of cannabis movements.

LaneAxis will serve as the engine behind “Budbo Trax,” the real-time, GPS-based tracking of cannabis movements – from seed to processing to dispensary to delivery. LaneAxis is an emerging player in the freight transportation industry, utilizing patent-pending design wrapped around GPS and internet technology to deliver real-time visibility over freight shipments. A driver mobile app serves as the backbone of the platform, which sends shipment data to a secure cloud vault providing immediate digital access to critical documents for auditing or compliance.

“Budbo now emerges as the dominant source of cannabis tracking and business intelligence,” says Luke Patterson, Budbo President. “The Budbo app already gives consumers the most complete experience on the market when it comes to finding their favorite cannabis products. Dispensaries rely on our data to strategically stock their shelves. Our partnership with LaneAxis will launch our visibility and data offerings to the next level.”

LaneAxis CEO and Founder Rick Burnett says the ability for dispensaries and other vested parties to have deep insights into both customer behavior and the real-time movement of their products is unprecedented and of immense value.

“We’re thrilled to forge this partnership with Budbo,” says Rick Burnett. “The movement of cannabis is fraught with dangers. Growers, dispensaries, processing centers – all of them have a critical interest in knowing exactly where their products are at all times. LaneAxis technology delivers that crucial visibility.”

The Budbo app will be tailored to help cannabis growers and other vested parties stay compliant with strict and often complex cannabis laws, which can vary widely by state. Currently, 29 states plus Washington, DC, allow cannabis legalization in some form, with further legalization widely anticipated.

LaneAxis Virtual Freight Management will continue to operate as a separate entity.

Download Budbo today:
Android: https://play.google.com/store/apps/details?id=com.budbo&hl=en
iPhone: https://itunes.apple.com/us/app/budbo/id1146901226
Budbo Website: http://www.budbo.com
LaneAxis Website: http://www.laneaxis.com

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