On Sept. 30, 2015, Logistics Trust Inc. issued a private placement memorandum, seeking up to $5 million in equity investment from accredited investors under SEC Regulation D Rule 503(c). The funds are to be used for further marketing and development of its Doobster on-demand mobile platform, which it touts as a multi-purpose cannabis ordering and logistics app.
As of Nov. 7, 2015, according to Darryl K. Henderson, J.D., Chief Operations Officer and Legal Counsel, the company has 12 licensees in Colorado, California, New York and Washington, D.C., and looks forward to developing license relationships in Nevada, Oregon and other states in the Midwest and East Coast.
Read Anne Wallace’s “Logistics Trust Seeks $5 Million for Doobster Development”: http://www.mjinews.com/logistics-trust-seeks-5-million-doobster-development/