[ACCESSWIRE]
Fastfunds Financial Corporation Announces Initial Step of Its
Comprehensive Marketing Plan; Signs Agreement With Established Channel of
Distribution in the Cannabis Industry
WEST PALM BEACH, FL / ACCESSWIRE / February 11, 2015 / FastFunds Financial Corporation (OTC: FFFCD) (the "Company" or "FastFunds") announced today that through its 49% owned subsidiary, WMII, it has made significant progress in the development of marketing programs for cannabis related products. WMII's marketing approach has been developed to assist companies and individuals with new, improved or cutting edge products or services to evaluate the marketing potential and provide access to the marketplace. In addition to an evaluation of feasibility, an in-house team will provide input as to the viability of the product in the marketplace to determine if the product meets the needs of the consumer, fills a niche, and/or has significant market appeal. The initial test run program has been designed to assess market appeal and marketing costs, which the Company believes will minimize risks to the retailer.
WMII has signed a product distribution agreement with one of the largest medical marijuana delivery services in the state of California. This company delivers to over 22,000 customers with approximately 60 delivery vehicles. The direct-to-consumer aspect of their business will be the initial marketing channel for all of WMII's marketed products. They will be assisting in vetting and providing input on the various products to help gauge potential consumer success based on their experience.
WMII has also signed a distribution agreement with CB Scientific Inc. for the marketing of personal analytics for THC and CBD. These personal test kits will allow individuals and companies to instantly test their products for potency and viability without the need for the time and expense of involving a laboratory.
In addition, a distribution agreement has been signed with Fuller Life Remedies for a skin care product line infused with enriched CBD oil derived from Hemp; and CBD-based products for animals to be used for various ailments. In total there are five skin care products. This product line is presently under agreement for marketing by the previously mentioned delivery service. For more information regarding this product line please visit "Fuller Life Remedies" on Facebook.
The Company and its various subsidiaries are presently evaluating additional products and services and will provide shareholder updates on these developments as events warrant.
Henry Fong, FastFunds CEO stated, "These are exciting developments for the Company as we move forward in this fast growing industry and work to develop innovative and cost effective ways to assist companies and individuals with introducing their cannabis-related products to the marketplace."
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 "FFFCD." 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 company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's 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
SOURCE: FastFunds Financial Corporation
