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Published on 8/28/2014 in the Prospect News PIPE Daily.

Medical Cannabis Payment Solutions negotiates $500,000 investment

Company to sell stock; proceeds slated for marketing, revenue growth

By Toni Weeks

San Luis Obispo, Calif., Aug. 28 – Medical Cannabis Payment Solutions said it has arranged a $500,000 strategic investment, which includes a stock purchase.

Proceeds will be used to provide liquidity and for marketing and revenue growth.

The Las Vegas company provides end-to-end management for the medical cannabis industry.


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