Tuesday, August 5, 2014

Cashing In On Cannabis

By Steve Scaglione Phd


After all this time, it is hard to believe marijuana is being legally recognized. This is a huge opinionated point of view that makes one realize that the cannabis cash cow is going to be a thing for the future. This industry is going to make a lot of money.. This platform is going through so many variations day by day that it is impossible to grasp how fast this is happening. The United States are preparing for the sale of marijuana because so many do not want a veto with this product.

There is so much going on for those who want to join the endeavor however setting up this position is not an easy task. Because the industry is changing so fast, companies are in position without knowing what is in store for them next. Some will make a lot of money whereas others will lose out. I am guessing it is like a coin toss, as it is in all entrepreneurial projects, but how can hopeful business people with a want for the cannabis cash cow make this happen?

Companies large and small are vying for position in this billion dollar market. By 2016, several reports claim that the industry itself could be valued at well over $10 billion. From advanced cultivation technologies, to patient security and record keeping, to financial service solutions that claim to change the entire model of commerce within the business, the breadth and depth of new companies entering the space is astounding.

After researching the dimensions of companies wanting to get into this market, I had the chance to chat with the President and C.E.O. of FastFunds Financial Corporation, Mr. Henry Fong and get his view point on this market. He explained that his ambition is to capture the individual sectors of the market that stimulate the future of marijuana. From original online media development, payment processing to finding the next fortune 500 in the cannabis industry through their Cannabis Angel venture group.

We're excited to be part of the "green rush" and are making significant strides to be a player in this space," commented Mr. Fong. As Mr. Fong goes on to say says, "change is good," and having the ability to look into an industry and realize what its core needs will be, is an ability only few have. FastFunds is publicly traded on the Over-the-Counter (OTC Pink) exchange under the symbol FFFC.

Of late, the company made known the structure of the 420 Development, a wholly-owned subsidiary of FFFC for the purpose of completing acquisition of revenue producing companies, which Mr. Fong thinks this will add value to many additional markets within the marijuana industry, like security staffing and digital The future will tell how FastFunds will be in the midst of their contenders, even though the prospect for them to implement a solid business plan is positively there.

For individuals who have an interest in marijuana this surely is a thrilling moment. No matter if your interests lies on the business side of the house or on the medicinal side of marijuana, all of us are living in a time that few will ever have the chance to apply It is hard to pick a side because there are valid arguments at both ends.

It sure looks like the sale of marijuana is going to remain in the future. Federal and State governments, combined with private industry and lobby groups, are making the future of this widely revealed industry. You have to realize it is a chance of a life time to be involved in this business My proposal is to take pleasure in the cannabis cash cow event. We are out front to see what's about to happen.



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