Las Vegas, NV -- (SBWIRE) -- 01/30/2014 -- Tranzbyte Corporation (OTCMKTS: ERBB) was incorporated in 1998 and is based in Scottsdale, Arizona. The company was previously known as Altitude Organic Corporation but then in the January of 2011 it changed its name to Tranzbyte Corporation.
The company is principally an operator of various medical marijuana retailing dispensaries functioning in California, Colorado and Arizona, under the brand name of Altitude Organic Medicine.
Tranzbyte Corporation has recently announced that following the company’s believe of the verbal agreement with PARC, which is a licensed Arizona dispensary in Phoenix, the company was unable to reach final written agreement. And thus as a result, both the companies have decided not to proceed with the placement of Tranzbyte’s age-verifiable ZaZZZ machine at the PARC dispensary as formerly decided and announced.
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