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

 

Henry Fong, CEO

 

561-514-9042