- VerifyMe Inc 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.
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