Traffic Roots Pixel
 

Cannabis Medical Solutions announces dispensary franchise

Posted on May 14th, 2010 by Global Ganja Report and tagged , , , .

CaliforniaCannabis Medical Solutions Inc., a leading company specializing in both physical-world and online payment solutions and financial security products for medical marijuana dispensaries, on May 13 announced that the company is in negotiations to acquire and open at least two medical marijuana dispensaries within the state of California.

"The network of medical marijuana dispensaries that CMSI has created by providing financial services to our clients in three states over the last six months, has presented a unique opportunity for our company and shareholders," stated Kyle Gotshalk, CEO for Cannabis Medical Solutions. "It has always been a part of our business plan to not only partner with dispensaries on the merchant processing and financial security side, but to franchise, consult and brand licensed dispensaries throughout legal jurisdictions under the Cannabis Medical Solutions name. We are presently in the due diligence process and seeking legal advice with regard to federal legislation that would allow us to follow this path and provide a proven model of ownership, financial accountability to reporting state agencies and be within federal and state guidelines." (COMTEX via MarketWatch, May 13)

Who's new

  • Baba Israel
  • Karr Young
  • John Veit
  • YosephLeib
  • Peter Gorman