SPY442.64-1.27 -0.29%
DIA348.61+0.74 0.21%
IXIC14,969.97-77.73 -0.52%

VerifyMe Bags Order For 4M Brand Protection Labels From Undisclosed Cannabis Client

Benzinga · 09/01/2021 13:54
  • VerifyMe Inc (NASDAQ:VRME) has received an initial order for 4 million VerifyMe technology-enabled labels from a new cannabis-related client. The financial terms of the order were not disclosed.
  • The client needs ~3-5 million labels per month on a going-forward basis, although the client is not obligated to order additional labels from VerifyMe.
  • These unique VerifyMe codes will provide consumers the ability to authenticate the product using their smartphones. In addition, the brand can provide detailed product specification features.
  • Price Action: VRME shares are trading higher by 5.69% at $3.81 on the last check Wednesday.