Navigation Links
Cannabis Medical Solutions Announces Plan to Franchise Ownership of Medical Marijuana Dispensaries in California
Date:5/14/2010

Company Announces Plans to Franchise Medical Marijuana Dispensaries in CA, Stock is Soaring. California company announces, after the close of trading on Thursday, they are planning to franchise medical marijuana dispensaries compliant with state and local laws. The stock has soared from .14 to over .70 (500%) in two days. For more complete coverage on the Business of Medical Marijuana, vist CNBC's Special Report "Marijuana & Money" at http://www.cnbc.com/id/36022433.

Los Angeles (Vocus) May 14, 2010 -- Cannabis Medical Solutions Inc. (www.cannabismedsolutions.com) (OTCBB:CMSI), a leading company specializing in both brick-and-mortar and online merchant payment solutions and financial security products for medical marijuana dispensaries and high-risk merchant accounts and services, today announced that the Company is presently 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. 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," stated Kyle Gotshalk, CEO for Cannabis Medical Solutions.

About Cannabis Medical Solutions Inc.
Cannabis Medical Solutions Inc. (OTCBB:CMSI) (http://www.cannabismedsolutions.com/) has quickly become the most recognized brand and partner in both online and wireless niche merchant payment solutions. The Company offers a full spectrum of secure and reliable transaction processing solutions using traditional, Internet Point-of-Sale (POS), e-commerce and mobile (wireless) terminals in conjunction with Industry Alliance Partners. The Company has recently focused on providing payment solutions to the licensed medical marijuana dispensaries throughout 14 states. In an effort to keep these businesses within the guidelines of CA Proposition 215 and SB 420, Cannabis Medical Solutions offers reliable merchant payment solutions and closed loop pre-paid stored value and loyalty cards as a unique cash alternative to these regulated dispensaries for both operators and members of collectives. CMSI will seek to capitalize on this presently untapped and much needed solution, and presently provides services to multiple locations throughout California, New Mexico, Colorado and Montana.

Forward-looking disclaimer
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Cannabis Medical Solutions Inc. to be materially different from the statements made herein.

Contact:
John Campo
410-236-8200

http://www.cannabismedsolutions.com/

###

Read the full story at http://www.prweb.com/releases/medical_Marijuana/Cannabis/prweb4003564.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved

Related medicine news :

1. MarijuanaDoctors.com Announces Weed Team Contest Winner, Adds Additional Trip to the Cannabis Cup in Amsterdam
2. Greenfaith Ministry Calls on Churches & Doctors, to Address all Cannabis Issues and Regulation
3. Cannabis and adolescence
4. Falls and follow-ups: Medical attention following a fall critical to senior health
5. Mount Sinai Medical Center and ENT & Allergy Associates, LLP Create First-Of-Its-Kind Physician Portal
6. New Electronic Medical Record (EMR) Software, MxChart™, Launched by Medical Transcription Service Provider, MxSecure
7. Meharry Medical College President Testifies Before the U.S. House of Representatives
8. $18.5 Million New Jersey Medical Malpractice Birth Injury Verdict Due To Cerebral Palsy Caused By A Delayed C-Section
9. Miami's Medical Equipment Solutions Now Offers Electric Power Wheelchair
10. Capture Medical Billing Launches Facebook Fan Page to Help Improve Medical Billing Issues
11. Innovative Motorized and Mobile Medical Procedure Table Developed By MTI, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/10/2016)... ... February 10, 2016 , ... Ongoing news of the ravages of ... (ALCA) to conduct a survey that takes a closer look at cases of TBI ... prevalence and causes of TBI among the aging population, and identifies the challenges associated ...
(Date:2/10/2016)... ... February 10, 2016 , ... Gout is like no other ... that is often severe, with intense swelling and redness. It is triggered by the ... but older adults are the most susceptible, according to the February 2016 issue of ...
(Date:2/10/2016)... ... February 10, 2016 , ... AHRA: The Association for ... speaker Jan Fox will serve as keynote speaker at the organization’s 2016 Spring ... tools to more effectively communicate with their own organizational staff and leadership. ...
(Date:2/10/2016)... (PRWEB) , ... February 10, 2016 , ... ... it will attend the Ohio Safety Congress and Expo event March 9-11, 2016. ... the Greater Columbus Convention Center. , As the longest running and largest ...
(Date:2/10/2016)... Middleboro, MA (PRWEB) , ... February 10, 2016 ... ... of their revolutionary, biocompatible columns and accessories. These PEEK-lined stainless steel (PLS) columns ... to provide a solution that ensures the integrity of biological samples while operating ...
Breaking Medicine News(10 mins):
(Date:2/10/2016)... , February 10, 2016 ... Analyzers (Liquid & Gas), and Spectroscopy Market by Industry (Oil ... Beverage, Pulp & Paper, Metal & Mining, and Others), ... MarketsandMarkets, the global market is expected to grow to ... of 8.6% between 2015 and 2020. Browse ...
(Date:2/10/2016)... SEATTLE , Feb. 10, 2016  Resolve ... potentially transformative new approaches to the treatment of ... completion of a multiple ascending dose study in ... lead compound RSLV-132. --> ... double-blind, placebo-controlled multiple ascending dose study of RSLV-132 ...
(Date:2/10/2016)... , Feb. 10, 2016 Urologix, the market ... treatment of Benign Prostatic Hyperplasia (BPH), announces new private ... Keswani , a medical device industry veteran of more ... Limited Liability Company.  Plymouth, Minn. ... lines, Cooled ThermoTherapy™ and Prostiva® RF Therapy, will continue ...
Breaking Medicine Technology: