QualityStocks would like to highlight Cal-Bay International (OTC PINK: CBYI), a diversified investment holding corporation focused on constantly developing and searching for operational business acquisitions in specific sectors for development, growth, and profitability. The company aims to develop multiple profit centers and residual income thus creating a stable consolidated financial environment for both the parent company and its subsidiaries.
In the company’s news,
Cal-Bay International's Pharmacy Vending division is developing a proprietary automated kiosk vending system called Pharmacy-Vend, which operates much like a bank ATM to disperse prescription medications directly to patients. Pharmacy-Vend’s advanced technology is designed to cut the rising costs of pharmacy dispensing for doctors, pharmacies and hospitals while giving patients a better, faster and secure way of providing immediate access to acute medications.
Other divisions of the company include Legal Hemp™, a wholly owned subsidiary focused on developing, producing, and distributing through the company’s e-commerce storefront, products such as “THC” free edible candy products, MJ related apparel, and soon to be introduced a line of Legal Marijuana Dispensary compatible products.
Cal-Bay Financial, a wholly owned subsidiary, recently announced the development of a merchant processing network introduced as the CB Green Card. A pre-paid gift and loyalty program charge card using a similar type of platform employed by leading credit & gift card processing networks, the CB Green Card is intended for use with legal dispensaries by way of an exclusive Cal-Bay Financial Services processing terminal which will allow a seamless transaction and would further create a full report for the dispensary and tax collectors while legally transferring funds from the point of sale to the customer’s US banking institution.
The company also recently acquired the proprietary technology for the SnapGrowth™ product line, a natural enhancement solution for healthy, natural, fuller and faster growth of certain types of specialty plants. Cal-Bay Leasing™, a division dedicated to fueling the growth of Pharmacy-Vend sales and Cal-Bay Financial™ by offering in-house leasing, is also involved in pharmacy and dispensary vending equipment and point of sale processing equipment. Cal-Bay’s other subsidiaries include: Cannabis Candy Company™, Hemp Candy Company, Marijuana MEDS Pharmacy™, and MJ Expo™.
Cal-Bay’s business model is synergistic to the vast and growing opportunity for technology, products, and services that capitalize on the legalization of medical & recreational cannabis. With a well-rounded management team and go-to-market strategy in place, the company is well positioned to maximize its growth potential in various markets.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
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