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ZoomAway Travel looking at marijuana tourism potential in US

Last updated: 09:53 21 Mar 2017 EDT, First published: 05:53 21 Mar 2017 EDT

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Planting the seed - ZoomAway reckons there is big potential in the emerging US cannabis hospitality and tourism industry

ZoomAway Travel Inc (CVE:ZMA) hopes to make inroads into the emerging US cannabis hospitality and tourism industry, it told investors.

It comes as the recreational use of marijuana has been legalised in several states, including Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon and Washington.

Its subsidiary in Nevada is now researching this opportunity.

Zoomaway feels that the adoption of cannabis hospitality and tourism by lodging, activities and transportation is on its way.

Chief executive Sean Schaeffer said: "We have been identifying several different opportunities in the United States in this space for the past several months.

"With our ultradiverse suite of technology products, we believe that we can capitalize on this growing market and be at the forefront of continued expansion.

"We also have the added benefit of being in Nevada, which has recently joined the wave of states to become marijuana friendly.

"Any potential start-ups or existing tour operators would not only benefit from Zoomaway's booking technology and platforms, but would gain the added benefit of using our extensive hotel and outdoor activity inventory."

ZoomAway provides hotels, golf and ski resorts with a scalable and integrated technology platform to offer discounted packages.