PHOENIX -- Endexx Corp. has acquired Cann-Can LLC, a maker of medical marijuana vending machines, from LEDXChange LLC, owned by vending veteran Dave Levine. The purchase includes Cann-Can's prototype medical marijuana accessory vending machine, along with its R&D assets, website and social media properties.
Endexx has retained Levine, Cann-Can's founder and developer, as a consultant. Levine, a former financial advisor and vending operator, also owns Phoenix-based MB Media Brokers, which specializes in low-cost retrofittable wireless signage for vending machines.
"As one of the first producers of medical marijuana accessory machines, and as a vending industry consultation firm that specializes in alternative forms of vending, Cann-Can LLC is proud to become part of the Endexx Corp.," said Levine. "We believe that this partnership will produce many exciting products in the near future and feel that Endexx is an ideal suitor for our company."
Endexx is diversifying outside its core business of providing Web-enabled document management services with its purchase of Cann-Can, and said it plans to pursue more companies in the medical marijuana industry.