Cannabis Medical Solutions Inc. is a leading company that specializes in merchant payment solutions and financial security products for medical marijuana dispensaries. They have started a rollout of 150 Proprietary MediPayment ™ Cards to dispensaries and care centers throughout the state of Colorado. The card is a closed loop payment system that will allow an alternative to cash between the dispensaries and the patients.
The company has focused on providing payment solutions to licensed medical marijuana dispensaries throughout the 14 states that allow medical marijuana. It offers reliable solutions such s POS, E-commerce, and mobile terminals in conjunction with Industry Alliance Partners.
This is a great way for patients to use cash instead of having to use high interest credit cards and other forms of payments. This is compliant within the guidelines of CA Proposition 215. I think this is a great way to pay for medicine you need; it’s almost like having a gift card for your transaction for food, but instead you are using it for something that’s really important. The service is presently being provided for multiple locations in the states of California, New Mexico, Colorado, and Montana.
The company is being traded on the Nasdaq under CMSI and has a +15.00% stock.
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