FastFunds Financial announced that Cannabis Merchant
Financial Solutions, Inc. (CMFS), a subsidiary, has entered into a sales
representation agreement 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. To date, the distribution company and its
affiliated entities have successfully placed merchandize 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.
Kurt Martig, President of CMFS, stated that the signing of
this is a major step forward in the company’s plan to achieve national
distribution of the Tommy Chong Green Card. California is significant as it is
one of the largest states in terms of dollar volume of sales and the number of
operating dispensaries.
For those unfamiliar with the Tommy Chong Green Card, it
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.
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.
For more information on FastFunds Financial Corp., visit www.fastfundsfinancial.com
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