Cal-Bay
International is a diversified holding company seeking out operational business
acquisitions to add to its unique portfolio of subsidiaries. The company’s
overarching mission is to develop multiple profit centers and residual income
that feed into a consolidated, stable, and sustainable financial environment
for the parent company and its holdings.
Cal-Bay’s Pharmacy
Vending division is developing Pharmacy-Vend, a proprietary automated kiosk
vending system that operates similar to bank ATMs to disperse prescription
medications directly to patients and then allows them to complete the payment
transaction via credit card or debit card. This provides patients with
immediate access to acute medications while catering to doctors, pharmacies and
hospitals by cutting the rising costs of pharmacy dispensing. Pharmacy-Vend’s
supporting software enables automatic tracking and maintenance of medication
inventory. Furthermore, the automated
aspect of the kiosk removes the potential for human error by utilizing a series
of barcode and identification checks to ensure that the correct medication is
dispensed.
At the core of
Cal-Bay’s mission is a business strategy designed to also capitalize on the
legalization of marijuana for medical and recreational purposes.
Cal-Bay’s Legal
Hemp™ division is a wholly owned subsidiary focused on developing, producing,
and distributing products through the company’s e-commerce storefront. These
products include tetrahydrocannabinol (THC)-free edible candy products,
marijuana-related apparel, and a line of legal marijuana dispensary compatible
products that will be launched in the near future. Relative to this division,
Cal-Bay’s other subsidiaries include Cannabis Candy Company™, Hemp Candy
Company, Marijuana MEDS Pharmacy™, and MJ Expo™.
Through its Cal-Bay
Financial subsidiary, Cal-Bay has developed a merchant processing network
branded as the CB Green Card. This pre-paid gift and loyalty program charge
card is similar to platforms currently used by leading credit and gift card
processing networks but is intended for use with legal dispensaries by way of
an exclusive Cal-Bay Financial Services processing terminal. This payment
terminal enables a seamless transaction followed by a full report for the
dispensary and tax collectors, allowing the legal transfer of funds from the
point of sale to the customer’s U.S. banking institution.
For further
diversification, Cal-Bay’s portfolio also includes the SnapGrowth™ product
line, a natural enhancement solution for healthy, natural, fuller and faster
growth of certain types of specialty plants; and Cal-Bay Leasing™, a division
created to drive growth of Pharmacy-Vend sales and Cal-Bay Financial™ by
offering in-house leasing. Cal-Bay Leasing is also involved in pharmacy and
dispensary vending equipment and point of sale processing equipment.
With an increasingly
diverse yet consistently powerful portfolio of subsidiaries, Cal-Bay has
positioned itself to recognize and capture its share of opportunity and growth
within several key segments of the consumer, pharmaceutical and marijuana
industries.
For more information
visit http://www.calbayco.com/
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