March 8, 2019
The Earth Corporation has entered into a strategic partnership with Fastcorp Vending to drive forward in the CBD vending machine market. Fastcorp is a frozen vending machine vendor and a pioneer of innovative vending technology systems featuring advanced robotics, a news release said.
"100 million Americans will use one of 7 million vending machines each day," Earth Corporation CEO Nelson Grist said in a press release. "The CBD market is poised for massive growth according to all available analysis, and automated vending machines clearly represent the most cost-efficient and highest-margin means of distribution for CBD. Our research suggests that CBD vending machines can be positioned according to consumer behavior patterns based on accessibility and demand. And, once established, the overhead is negligible. In short, we are thrilled to partner with the top innovator in the vending machine technology market."
Fastcorp vending technology offers advanced robotics, Wi-Fi network capability, seamless touchscreen interfaces, and advanced cashless payment options including Apple Pay and Google Pay, according to the release.
"We are excited to be partnering with For The Earth in this emerging CBD market. This partnership aligns perfectly with our strategic objectives and we are confident that our technology is a perfect fit for their present and future needs," said Fastcorp CEO Brian Weinstein in the release.