CBD Goes High Tech with Wemp Smart CBD Vending Machine

CBD Vending Machine

By: Ashley Priest

Cannabidiol or CBD is all the buzz these days. Major drug stores in America, such as Walgreens and CVS, are starting to stock their shelves with quality CBD products for retail consumers. CBD is showing up in various food and beverages, as well as health and beauty products and much more.

Harris Poll conducted a survey that showed approximately 7% of the adult U.S. population utilizes CBD products regularly. People are becoming aware of CBD and the many potentials it may hold. This is excellent news for the CBD industry and is fueling the fire that's sparking the high demand for CBD.

The only thing that might make CBD even better right now would be if it were easier to purchase quality CBD products in one place. Sort of like buying a soda or snack from a vending machine. Now that would be a great idea, a CBD vending machine. What if I were to tell you that one already exists? That’s right, please allow me to introduce the Wemp Smart CBD Vending Machine.

Introducing Wemp Smart CBD Vending Machine

The Wemp Smart CBD vending machine was recently featured at Cannatrade in Zurich and was received exceptionally by attendees. Wemp is powered by sophisticated technology that was developed by experts in Switzerland and Serbia. The technology within this CBD vending machine is also being used by Visa at the Olympics as well as various other multibillion-dollar brands. The Wemp vending machine can be configured to hold up to 60 different products.

This AI-powered machine features machine learning and blockchain capabilities. This means that the tech powering Wemp can go far beyond the fully customizable digital touch display. Wemp is capable of detecting impressions and interactions with the machine. It can also sense the age demographic and gender of the user to make product recommendations and much more. Wemp offers an integrated custom app that uses AR (augmented reality) which could be ultimately used by business owners in various marketing angles.

Wemp has seen a very successful launch throughout Europe where the machine can be found in more than 20 stores throughout Luxembourg and Switzerland. Wemp will also be making its debut within more than 280 department stores across Europe in the coming months. With CBD being legal in more than 27 countries worldwide, you can quickly see how Wemp could be a game changer for how consumers purchase CBD products rolling forward.

Why Wemp?

Aside from offering elevated tech, it is not hardware limited. That means that the tech behind Wemp can be integrated into just about any size or style of vending machine from small pedestal type machines to luxurious glass displays the options are nearly endless. Not only does Wemp offer some amazing customization, but it also provides substantial opportunity for financial gains. Wemp operates on what is considered a franchise system with a buy in to obtain the machines.

According to Matt Mudano, the COO of Ubican, "We also will be licensing machines to franchise operators, so there is a big opportunity for people who want to own their own CBD retail business. Owning a shop doesn't require a second mortgage. In fact, you can get 8 machines for less than the cost to open a shop."

The ROI of these machines is also substantial, offering an approximate $3,000 monthly salary with an average of only 3 transactions on 3 devices daily. The best part, the process to obtain CBD products for the machine is streamlined, allowing business owners to monitor stock and easily order more when supplies start to run low directly through the integrated CMS. Wemp offers only the highest quality CBD products backed by lab testing.

"Wemp will have a catalog of brands that franchisees can order from. In some circumstances, we allow licensees to put their own brands in there, but we must verify the lab results first to ensure only the highest quality of products are being sold within the machines."

With Wemp, the options of what types of products could be sold utilizing the proprietary technology are almost endless meaning that you could start to see Wemp also offering high THC products in legal states and countries in the near future.

Wemp is Taking CBD Beyond Mainstream

To say that CBD is going mainstream would be an understatement. Cannabidiol, aka CBD, is already mainstream, and its growth is only continuing to elevate globally. Analyst groups with a focus on the sector such as Brightfield and Greenwave Advisors predict that by the year 2020, the CBD market will be worth more than $2.1 billion in the US alone. By offering consumers a convenient and discrete way of obtaining CBD products at their ease, the Wemp Smart CBD vending machine has much to offer both consumers and businesses owners alike!