CBD Vending Machines are a Game Changer for Black Cannabis Business Owners

By BCB Staff Writer | October 2, 2020

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When vending machines were invented in 1883, they dispensed postcards along railways and stamps at post offices. Since then, vending machines have offered photographs, cigarettes, and, more synonymously, snacks, and drinks.

In 2020, technology has advanced to such a degree that vending opportunities exist for the cannabis industry. March 2020 ushered in a $20 million sales finance line for a proprietary facial-recognition CBD vending machine. Emerald Organic Products, the brainpower behind the idea, is no stranger to the CBD industry. The health sciences company commercialized a line of CBD vitamins and supplements; Pura Vida Vitamins sells vitamins, gummies and gummy bears, CBD liquids, drinks, cosmetics, and tinctures, all infused with CBD.

Ian Parker, CEO of Emerald Organic, said, “Having a group as experienced and talented as Alliance standing behind our commercialization initiatives gives Emerald a significant stimulus for rapid growth and expansion of our technology.” Parker continued, “This innovative sales finance line gives us the ability to scale quickly without having to worry about capital constraints to our roll-out plan.”

This equipment would be the first of its kind on the market, and, with the social awareness that those who partake in CBD have, the market is primed for an additional way to receive products. Of note, this isn’t the first CBD vending machine on the market, nor is it the first company to utilize facial recognition on customers. Instead, the combination of fast access and high tech, in an age-regulated industry like cannabis and CBD, allows for Emerald Organic to create something powerful. 

 

Ian Parker, CEO of Emerald Organic, said, “Having a group as experienced and talented as Alliance standing behind our commercialization initiatives gives Emerald a significant stimulus for rapid growth and expansion of our technology.” Parker continued, “This innovative sales finance line gives us the ability to scale quickly without having to worry about capital constraints to our roll-out plan.”

 

Emerald Organic acquired biometric vending machine company Bezalel’s Jewelry. When the software was in trial in Spain, it required a previous set-up and a selfie prior to check-out at the kiosk. Age verification, payment processing through Jumio, automatic fulfillment, and video displays are all factors that allow user demographic information to be stored and analyzed through LexisNexis. In addition, advertising opportunities and digital signage exist on the kiosk, and the high-resolution touch-screens are enabled with a 27” x 11.6” VenMaster surface area.

“Emerald Organic Products’ all-stock transaction with Bezalel’s will allow Emerald to immediately begin deploying and offering a Patent protected unique vending machine in select markets,” Parker said. “These unique vending machines employ facial recognition software and can positively identify people with I.D. from 143 countries worldwide. This allows for the vending of age-restricted and identity restricted products.”

Furthermore, based on gender and age demographics, the machines will promote certain products and make recommendations based on former purchasing statistics. These machines come in three sizes: The Mini-Me, the Chopstick, and the Monster. The Mini-Me holds up to 100 units of product and leases for only $100/month. The Chopstick is Emerald Organic’s most popular size, and holds 120 units; it leases for $121/month and comes in either a video screen or a product display configuration. The Monster is six feet wide, six feet tall, and three feet deep. This huge machine can hold between 500-600 units of product and leases for $241/month. These kiosks are easily installed in retail operations and can make shopping for CBD quick and easy.

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