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Bud Bank

Formed in July 2014, Bud Bank, LLC is dedicated solely to the Company's new automated cannabis dispensing product. Through the licensing agreement entered into between The Greater Cannabis Company, LLC and Artemis Dispensing Technologies, a new automated cannabis dispensing product is currently in development. This new product, marketed under the name of Bud Bank, is scheduled to be completed during the fourth quarter of 2014. Further information on the Bud Bank dispensing kiosk can be found at www.greatercannabiscompany.com

Some key components of the Bud Bank™ automated cannabis dispensing product:

Bud Bank
Inventory control
Robotic programming to ensure proper product placement with each product bearing a unique RFID tag
Provides reports and alerts on product levels or other defined measures
Ability to hold 800 individual SKUs which allows for a flexible product mix
Notification of product expiration
Ability to instigate inventory levels remotely
Option for security cameras to be installed for monitoring
Capability to integrate biometric hardware and applications such as facial recognition and retina scans
On July 11, 2014, Sylios Corp filed an application with the U.S. Patent and Trademark Office (USPTO) to trademark the name Bud Bank.