FastFunds Financial Corporation Announces Distribution and Marketing Agreement for Its Cannabis GreenCard With an Entity Having Access to Over 1,000 Dispensaries
(firmenpresse) - WEST PALM BEACH, FL -- (Marketwired) -- 10/30/14 -- FastFunds Financial Corporation ("FastFunds" or the "Company") (OTC: FFFC) and its wholly-owned subsidiary, Cannabis Angel, Inc., a company involved in providing financing alternatives, corporate finance and general management consulting services to early-stage cannabis companies and projects, announced today that they have entered into a distribution and marketing agreement for its Cannabis GreenCard product with WMII, Inc. ("WMII")
Through the Company's 49% ownership in Cannabis Merchant Financial Solutions, Inc. ("CMFS"), WMII has agreed to market the Company's Cannabis GreenCard through an extensive database developed over the past several months that contains over 1,000 medical and recreational dispensaries throughout the Colorado, Washington State and California regions.
WMII has access to a large community of companies that service the cannabis industry. By leveraging these existing relationships, WMII will allow CMFS to gain access to their extensive list of prospective customers for the Company's Cannabis GreenCard product.
Additional information on WMII can be found on their website at:
The Cannabis GreenCard functions as a pre-paid loyalty debit card that features enhanced security measures and turn-key customer rewards technology that will alleviate several concerns currently being faced by owners of cannabis dispensaries. It is the opinion of the Company that being able to offer a solution in the market that replaces the cash only component to the cannabis industry will generate significant demand for the Cannabis GreenCard.
Shareholders of the Company can expect to receive regular updates pertaining to ongoing developments of the Cannabis GreenCard and its recently announced agreement with WMII.
FastFunds Financial Corporation is a holding company that is publicly traded on the OTC exchange, under the symbol "FFFC." The Company currently operates in the financial services industry segment with a single credit card services portfolio. The Company is currently seeking new business opportunities to diversify and complement its current services and products, to enhance its technical capabilities and to offer growth opportunities to its stockholders. The Company recently announced the formation of Cannabis Angel, Inc., a company involved in providing financing alternatives, corporate finance and general management consulting services to early-stage cannabis companies and related ventures. Most recently, the Company developed and launched GreenEnergyMedia.TV. This new website acts as an interactive social media hub that caters exclusively to providing the medical and recreational marijuana communities with access to several hundred news and social media feeds in real-time.
This news release may include "forward-looking statements" regarding FastFunds Financial Corporation, and its subsidiaries, business and project plans. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where FastFunds Financial Corporation expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. FastFunds Financial Corporation does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
FastFunds Financial Corporation & Cannabis Angel, Inc.
Mr. Henry Fong
Chairman and Chief Executive Officer
Phone: (561) 514-9042
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Datum: 30.10.2014 - 13:00 Uhr
Sprache: Deutsch
News-ID 348308
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WEST PALM BEACH, FL
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Investment Services & Trading
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