FASTFUNDS FINANCIAL CORPORATION ANNOUNCES MAJOR MILESTONE FOR
ACHIEVING NATIONAL DISTRIBUTION OF TOMMY CHONG GREEN CARD
WEST PALM BEACH, FL -- July 7, 2015 -- InvestorsHub
NewsWire -- FastFunds Financial Corporation (OTCPK: FFFC) (the
Company or FastFunds) announced today the signing of a sales
representation agreement by FFFC subsidiary, Cannabis Merchant
Financial Solutions, Inc. (CMFS), with Evergreen Licensing of
Northridge, California (Evergreen) for the Tommy Chong Green Card.
Evergreen is the exclusive distribution company in the state of
California for Tommy Chong- which provides them the right to
distribute and license the brand to collective operators for
developing and distributing Tommy Chong branded THC based products
and merchandise. Evergreen and its affiliated entities have been
successful in placements to date in approximately 300 dispensaries.
Evergreen will be marketing the Tommy Chong Green Card to a
targeted list of Dispensary owners and key decision makers within
its well-established California based distribution network, which
includes some of the most successful dispensaries in the cannabis
industry.
The signing of a sales representative agreement with Evergreen
is a major step in our goal for national distribution of the Tommy
Chong Green Card, stated Kurt Martig, President of CMFS. California
is significant as it is one of the largest states in terms of
dollar volume of sales and the number of operating
dispensaries.
About the Tommy Chong Green Card
The Tommy Chong Green Card functions as a pre-paid loyalty debit
card with a turnkey customer rewards technology. In addition, the
card functions as a reloadable stored value card that can be used
to purchase merchandise at the participating dispensary.
About Evergreen Licensing
Evergreen Licensing is a leading company in the emerging legal
cannabis industry, with a focus on product and brand acquisition,
development and distribution. Evergreen holds licensing rights for
other high profile brands and individuals. Most notably,
Evergreen is the exclusive distribution company in the state of
California for comedian, actor and marijuana Icon, Tommy Chong.
This provides Evergreen the right to distribute and license the
Tommy Chong brand via its vast network of California based
collective operators, for the purpose of developing and
distributing premium Tommy Chong branded and endorsed, THC based
products within the largest legal state. The Evergreen team
is comprised of industry veterans, including peer respected
cultivators, leading cannabis attorneys and physicians, dispensary
operators, and branding experts-- each having over a decade of
experience in the industry.
About FastFunds Financial Corporation
FastFunds Financial Corporation ("FastFunds" or the "Company")
is a holding company that is publicly traded on the OTC Pink
exchange, under the symbol "FFFC." Through its wholly-owned
subsidiaries, Cannabis Angel, Inc. and The 420 Development
Corporation, the Company is focused on acquiring and building a
portfolio of revenue producing companies that provide ancillary
services to the cannabis industry. FastFunds does not engage in
activities that violate Federal laws.
Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. While these statements
are made to convey to the public the companys progress, business
opportunities and growth prospects, they are based on managements
current beliefs and assumptions as to future events. However, since
the companys operations and business prospects are always subject
to risk and uncertainties, the forward-looking events and
circumstances discussed in this news release might not occur, and
actual results could differ materially from those described,
anticipated or implied. For a more complete discussion of such
risks and uncertainties, please refer to the company's filings with
the Securities and Exchange Commission.
CONTACTS:
FastFunds Financial Corporation
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Henry Fong, CEO
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561-514-9042
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