Cal-Bay Signs New Distribution Agreement!

Cal-Bay International Inc. has been put on the map today after releasing pre market news on the latest electronic payment solution that the company offers through its “CB Green Card”. If you are unfamiliar with the Marijuana industry, you may not know the importance of an announcement like this.  The majority of Legal dispensaries across the licensed states within the USA are denied the ability to process regular cards due to the unsure legalities attached to the sale of Marijuana products even in the licensed states. This restricts the purchase of the products to a “cash-only” operation, which has caused severe problems for legally licensed dispensary owners throughout the country, with only a limited amount of cash being able to be deposited into the USA bank accounts, due to the state and Federal battles over the legality of the product(s).

Through Cal-Bay’s creation and production of the CB Green Card, a Pre-Paid Gift and Loyalty Program charge card dispensaries are offered a multitude of mutual benefits including increased sales for the dispensaries, less cash on hand for security reasons, accountability for taxation, legalized bank deposits and Loyalty Program Rewards for the consumers. Therefore this does not violate the Federal transportation laws regarding the transfer of funds across state lines.

Today CBYI announced that the company signed its first distribution agreement with Ocean Pure Health (OPH), a California based Specialty Marketing and fulfillment company. OPH has a network of established retail clients including a number of legal dispensary outlets, who have already expressed interest in obtaining the CB Green Card merchant processing system.

According to the release, OPH will also be marketing Cal-Bay’s proprietary “SnapGrowth” natural plant enhancement technology to an established regional distribution network of West Coast retail store(s). Cal-Bay will also be marketing both products with a selection of additional items on the company’s soon to launch E-Commerce storefront(s) exclusively for online purchases including the company’s pre-paid “CB Green Card.”  In addition to OPH, Cal-Bay also stated that it is in negotiations with a Colorado based marketing group for the Mid West regions of the country for the physical marketing and distribution of the products.

Essentially the news today makes Cal-Bay the only company in the world to offer a secure LEGAL means of purchasing MJ electronically. Think about that…With federal banks not going anywhere near marijuana money the dispensaries have been left to an all cash business until TODAY!!!

Remember, we first began coverage on this during the early part of March when it was trading at the .0002 level so for you long-time members, CBYI is looking great in my opinion (that’s 250PCT at today’s HOD). Everyone else who’s taking a first look at this today, my opinion is that the most recent developments for the company surrounding its payment processing solution specific to the marijuana industry is only the first step.
 
Take a look at Cal-Bay’s website…they’re stacked with MJ subsidiaries that provide anything from candy & edibles to offering vending solutions.  I think the announcement on payment processing is only the beginning for CBYI and if my guess is correct, I could be bringing you another report very soon saying “remember when we were looking at Cal-Bay when it was only at .0005”.
 

 
Cal-Bay Signs Distribution Agreement With California Specialty Marketing Group

DENVER, May 27, 2014 /PRNewswire via COMTEX/ — Cal-Bay International, Inc. (OTC Markets: CBYI) Cal-Bay International, today issued the following news release:Cal-Bay International today announced the company signed its first distribution agreement with Ocean Pure Health (OPH), a California based Specialty Marketing and fulfillment company. OPH has a network of established retail clients including a number of legal dispensary outlets, who have already expressed interest in obtaining the CB Green Card merchant processing system.

Cal-Bay CEO Robert Thompson commented this agreement which includes the California distribution network of Legal Medical Marijuana Dispensaries is definitely expected to accelerate the growth of the company’s revenues.”

OPH will also be marketing Cal-Bay’s proprietary “SnapGrowth” natural plant enhancement technology to an established regional distribution network of West Coast retail store(s). Cal-Bay will also be marketing both products with a selection of additional items on the company’s soon to launch E-Commerce storefront(s) exclusively for online purchases including the company’s pre-paid “CB Green Card.”

Cal-Bay is in negotiations with a Colorado based marketing group for the Mid West regions of the country for the physical marketing and distribution of the products.

Relevant Links:

California Moves One Step Closer To Ending Medical Marijuana ‘Chaos’

http://www.calbayfinancial.com

 

 

Disclaimer:

Don’t ever invest based on what I say.  Do your own research and consult with a licensed profession before investing.  Any statements and opinions given are amateur and biased and should be treated as such.  Past performance does not indicate future performance in any way.  The performance of all alerts uncompensated and compensated in no way predict the performance of current and/or upcoming alerts.  Check the latest SEC filings before investing, and research other information on the risks of investing in microcap companies at www.sec.gov.  For important information concerning this email, including applicable disclaimers, compensation consideration, and additional information please make sure to read the information contained within. Investor News SOurce has been compesated five thousand dollars by a third party non affiliate for one day of coverage on Cal-Bay International. To view our full disclaimer, click HERE.

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