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Thursday, December 01, 2022 10:10:28 AM
Press Release | 12/01/2022
One Step Vending Corp. (OTCPink: KOSK) ("KOSK" or the "Company"), a company specializing in emerging industries acquisitions with an emphasis in the self-serve vending market, is pleased to announce that on November 30, 2022, the Company signed a Memorandum of Understanding ("MOU") with Cannabox Inc., a Florida based company, providing proprietary technology CBD vending machines for stores and businesses.
This MOU allows the parties to provide the foundation and structure for exploratory discussions related to a potential acquisition agreement that will benefit the advancement of their business plans. Cannabox Inc. (Dba Canaboxx) is the developer of CANABOXX® the first operational retail CBD and cannabis vending machine that provides a convenient automated way for customers to purchase CBD and CANNABIS products. CANABOXX® is also known as a dispensary in a box with the purpose of creating ultimate convenience for customers seeking to purchase recreational CBD or cannabis products without person-to-person interaction. CANABOXX® vending technology automates the way consumers purchase CBD or CANNABIS, much the same way banks have integrated ATMS as an automated system for ease of use and convenience. Cannabox Inc. currently services twenty locations over seven states (FL, NY, NJ, TX, VA, AK, AZ) and its innovative vending business and diverse sales model is very attractive and promising for exponential business growth.
Ronald Minsky, KOSKs president stated, The execution of an MOU with Cannabox Inc. is an important step for the Company and we look forward to working closely as a team to develop and implement a strategic business plan and share updates as we progress.
About Cannabox Inc.
CANNABOX INC (Dba Canaboxx) is a Florida based private company and developers of CANABOXX® the first operational retail CBD and CANNABIS Vending machine that provides a convenient automated way for customers to purchase CBD and CANNABIS products. CANABOXX® is also known as a dispensary in a box with the purpose of creating ultimate convenience for customers seeking to purchase recreational CBD or cannabis products without person-to-person interaction. CANABOXX® vending technology automates the way consumers purchase CBD or CANNABIS, much the same way banks have integrated ATMS as an automated system for ease of use and convenience. CANABOXX® has provided a unique solution for the CBD and CANNABIS industry through technology that allows CBD, Smoke Shops and Dispensaries to scale efficiently through satellite automation of CANABOXX® dispensary in a box.
Please visit the web site for more info: https://www.canaboxx.com
XPRESS SERVICE | CANABOXX
About One Step Vending, Corporation (KOSK)
One Step Vending Corp. is a holding company focused on the acquisition of market-changing and disruptive business models. The Company supports subsidiaries with key financial, sales, marketing, and operational changes designed to accelerate growth and shareholder value.
For more information visit: http://www.onestepvending.com
SAFE HARBOR ACT:Forward-looking statements are included within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Companys expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations or listing on an exchange including words such as anticipate, if, believe, plan, estimate, expect, intend, may, could, should, will and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond the Companys control and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. No information in this press release should be construed in any manner whatsoever as an indication of the future performance of the Companys revenues, financial condition or stock price.
Company Contact:
Ronald Minsky, President
600 Mamaroneck Ave.,
Harrison, NY 10528
info@onestepvending.com
212.381.8029 Office
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