May 19, 2015 – Logistics Trust, Inc. has launched a subsidiary
named Doobster, a mobile application and platform (the “Doobster
Platform”) that allows a consumer of legal marijuana to order
products from their smart phones, tablets and computer devices and
have the products delivered to their physical location. Doobster is
launching in 15 states by empowering stakeholders at all levels
with its innovative business model.
Started as a logistics and compliance consulting company in
January 2013 by Scott Abadjian, Founder & Chief Executive Officer,
Logistics Trust, Inc. ("Logistics Trust") now intends to provide
consumers with an on demand (SaaS) platform. The robust and
flexible Doobster Platform is very user-friendly. Consumers can
register and order products quickly and with confidence. Products
are delivered to a consumer’s location within minutes by using
smart algorithms, advanced routing, heat maps, GPS, location
services and other techniques.
But the Founder and Chief Executive Officer emphasizes,
“Doobster is not Uber for marijuana; we are more than a marijuana
delivery app.” The Company intends to make the term “doobster"
synonymous with quality logistics and compliance facilitation
services within the legal marijuana industry. Another objective of
the Company is to create long-term value for its customers and
business partners through the quality of its technology and
services, its ability to facilitate compliance with applicable
state and local laws, and its active commitment to helping
customers and business partners to build wealth.
Doobster Platform users will include the following
parties:
- State-authorized Cooperatives/Collectives/Dispensaries (“vendors”; “dispensaries”);
- State-authorized legal marijuana product couriers (“drivers”), who are thoroughly screened by Doobster before being included in a dispensary’s driver pool and issued access to the Doobster Platform; and
- State-authorized legal marijuana consumers (“consumers”; “patients”), who are thoroughly screened by Doobster before being granted access to the Doobster Platform.
(a) Enable consumers to search for a Doobster-connected vendor
of legal marijuana products within their local market area and
state;
(b) Enable consumers to order legal marijuana products from
the inventories of a Doobster- connected vendor within their local
market area and state;
(c) Enable consumers to request and receive delivery of legal
marijuana products by a driver affiliated with a Doobster-connected
vendor to their current location; and
(d) Enable consumers to pay for their purchases of legal
marijuana products.
Abadjian is passionate about making sure that all parties in
the Doobster service delivery chain obtain real value from the
Company’s technology and services. “This is an incredible time in
our nation’s history. Cannabis has the potential to revolutionize
the economy at local, state and national levels. We have not built
a marijuana delivery app just for our benefit. My aim is people
helping people. From cultivators to dispensaries to drivers to
consumers to licensees to community residents to government
regulators, Doobster helps to address the socio-political- economic
interests of each of those stakeholders in a harmonized manner,”
says Abadjian.
Studies show that both medical and recreational marijuana
users of various demographic groups, including mobility-challenged,
older people, business professionals and high-profile individuals,
welcome discreet and legally compliant delivery of their cannabis
products. Since many local ordinances limit the number and
visibility of marijuana storefronts, the Doobster Platform enables
vendors and consumers to communicate with a smart device or
computer and execute a state- sanctioned legal marijuana purchase
without the need for consumers to drive to dispensaries and wait in
long lines to transact their business. A post-order in-store
pick-up is also an option with use of the Doobster Platform for
those who may be on the go and simply want to avoid long lines and
wait times.
Abadjian emphasizes, “Our Doobster Platform satisfies the
desire of vendors, consumers, community residents and government
officials to allow state-authorized users of legal marijuana to
access products in a safe, efficient and discreet manner. The
Doobster Platform also negates the debate about the perceived
negative stigma associated with visible, high-profile marijuana
retail storefronts. Our business model addresses the core realities
of the marijuana industry – people want easy and reliable access to
products, communities want to maintain their family- friendly
standards, vendors want an effective means to drive sales,
government officials want practical ways to regulate the industry
and foster tax revenue, and business professionals want entry into
the industry without the risk of violating federal, state or local
laws.”
One of several distinguishing factors for Doobster is its use
of a license model to open new state and county territories (called
“DMA's”) and enroll state-authorized dispensaries to adopt the
Doobster Platform. Licensees at the state-level and DMA-levels
serve as Doobster authorized representatives, complimenting
internal Company sales and customer support teams. State and DMA
licensees are also responsible for helping to foster community
relations and maintain close relationships with dispensaries, as
well as the customers and communities served. Licensees are vetted
for their customer relationship management skills, sales,
marketing, business management and financial acumen, as well as
their local community connections and other attributes.
Having licensees who are well established in their communities
and vested in the success of the Doobster Platform in their
territories provides multiple benefits. One important benefit is
that it keeps a large percentage of the income generated by the
Doobster Platform within the community, which creates jobs and
economic security for the community.
“Our licensee model will afford local business professionals
opportunities to get involved and benefit financially from the
exploding legal marijuana industry without producing, handling,
distributing or selling marijuana products,” says Michael Watorski,
Vice President of Sales. Licensee applications are now being
accepted. Watorski has already sold several State and DMA licenses
and demand has been brisk.
“What separates us from the competition is that our licensees
receive a generous percentage split of the monthly Doobster
revenue” says Watorski. He adds, “In addition, all licensees are
issued Company stock, allowing them to profit from the ongoing
success of the Company.”
Logistics Trust not only shares equity with State and DMA
licensees, but also with its dispensaries. “We’re stepping into
this industry in a very innovative way to create real separation
from the competition,” says Darryl K. Henderson, J.D., Chief
Operations Officer. Henderson adds, “All dispensaries that adopt
and utilize the Doobster Platform will receive an equity stake in
the Company. In other words, not only do we create value with the
quality of our technology and services, when we prosper, our
business partners and customers prosper as well.”
Abadjian is very proud of the talented and diverse team of
executives, internal sales professionals, technology staff and
customer support staff assembled to deliver the Doobster Platform.
“Our employees are our most valuable asset. We expect them to
perform to exacting standards each and every day.” Abadjian adds,
“We have been fortunate to assemble an outstanding team of seasoned
business professionals to execute the Doobster
operations.”
Doobster is moving into 15 states, including the following:
Alaska, Arizona, Maryland, Massachusetts, Oregon, Vermont, California, Colorado, Illinois, Maine, Minnesota, New
Hampshire, New
Mexico, Nevada, Washington
The first phase of Doobster Platform launch has begun and
involves accepting applications to become State and DMA licensees.
The first State in which Doobster will operate is scheduled for
June, with several dispensaries beginning to sign-up. Consumers and
prospective drivers for dispensaries are strongly encouraged to
pre-register on the Doobster website and will be able to check for
updates as June approaches. The Company is also engaged in a
continuation of its angel investor fundraising.
The Official launch date of the Doobster Platform to the
public will be announced on June 1st. It will take place in states
that have both legalized marijuana sales and authorized legal
marijuana deliveries.
Doobster is committed to following the law to exacting
standards in all of the jurisdictions where it will operate. It
will only work with licensed dispensaries and lawful drivers
legally allowed to carry marijuana in their states. Doobster in
conjunction with their dispensary partners "always verify that the
person who ordered the product is the same person who receives the
delivery." In fact the Doobster application has features built into
the system to assure this is the case.
Still not convinced that Logistics Trust is a different kind
of company? Here is additional proof: Until the end of June the
Company is running a public contest for the design of its avatar or
icon. The avatar will supplement the Company name and tagline and
serve as a quick symbol of the Doobster brand, like the golden
arches does for McDonald’s. Visitors to the Doobster website are
invited to submit avatar designs. From June 8th to June 26th, the
Company will conduct a public vote for the best avatar design. And
here is the kicker: The winning avatar, to be determined by July
1st, will be awarded a block of the Company’s stock.
The Doobster website can be found at www.doobster.org. The Doobster Sales
Team can be contacted at 1-800-219-2797 or by email at: business@logisticstrust.com.
Doobster® is the registered trademark of Logistics Trust,
Inc.