would like to highlight Fastfunds Financial Corp.
). The company operates through two wholly owned subsidiaries, Cannabis Angel, Inc. and The 420 Development Corporation, to build a portfolio of revenue-generating companies that provide ancillary services to the burgeoning cannabis industry. The company also operates majority-owned subsidiary Financiera Moderna, Inc., which offers financial services to the underserved Hispanic community. FFFC's strategy to participate in the marijuana industry is through the development of four separate business verticals for the emerging U.S. cannabis industry.
In the company’s news,
FastFunds Financial Corp., through recently formed subsidiary Pure Grow Systems LLC, is expanding its presence in the thriving legal cannabis industry. Earlier this month, the company’s innovative antimicrobial sanitation products and systems for grow facilities were highlighted as part of Hempfest in Seattle, Washington, which attracts more than 100,000 guests and is noted as one of the largest hemp-centric festivals in the world. By leveraging this platform to promote its products, FastFunds is in a favorable position to stimulate improved brand awareness and increased market share moving forward.
“Hempfest will be a great launching pad for our products and system,” Russ Mitchell, managing partner of Pure Grow Systems, stated in a news release prior to the event. “As a sponsor we will get significant coverage with extra signage and ads providing for greater exposure to the large number of people attending this event.”
These efforts followed the company’s earlier announcement that it had received approval to sell its groundbreaking GroClean product within the states of Washington and Wisconsin. The Washington approval, in particular, is intriguing, because it allows FastFunds to address both the medical and recreational cultivation markets.
The Pure Grow sanitizing and disinfection products and systems are expertly designed to help cultivators optimize the yields of their plants by delivering maximized coverage and kill ratios for a full range of bacteria, viruses, molds, fungi and other pests. When used as directed, GroClean has been shown as an effective sanitary solution for use in a full range of botanical and horticultural facilities, including hydroponic growing facilities. In addition to its high efficiency formulation, the company’s Pure Grow technology is unique in that it is created with 100 percent biodegradable active ingredients, ensuring that it is both environmentally-friendly and safe for users.
For prospective shareholders, the considerable momentum of the Pure Grow brand, in addition to the rapidly approaching release of FastFunds’s highly anticipated prepaid loyalty debit card, could provide a platform for sustainable market growth. Look for the company to capitalize on this progress in the months to come while continuing to search for revenue-producing acquisition candidates that provide ancillary services to the cannabis industry.
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