Rhythm Health and Wellness was created to replace the express lanes and set a standard for product quality in dispensaries. With Rhythm Health and Wellness, we are looking to enter into the CBD/Cannabis retail space with robotic regulated vending to replace their express lanes. These vending units have all the technology, including anti-microbial interactive touchscreens and can dispense up to 600 items, while serving each customer at a rate of 3-5 minutes per customer. The purchase of additional units to lease to dispensaries in the state will be part of what the funds will be used for. Our legal team have reached out to the state of Arizona to begin discussions on providing a tax incentive for those that purchase our service agreements.
The second business venture is connected to the previous vending business with regards to the use of the vending units in a proposed smoking lounge/restaurant for medical card holders only here in Payson, Arizona. We have located a 5,000 square foot building on an acre of land that is zoned exceptionally well for this type of business. We plan to include parts of the current business but renovate the remainder to serve as 7,000 square foot inside/outside smoking club with a CBD infused on-site restaurant with four of our vending units in the establishment.
We are seeking an equity partner for 22% of ownership equity in this business venture.
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