Dutch Gold is Launching a Marketing Campaign to Take Over the Cannabis Sector's Payment Processing
By CannaNews | Posted 21 hours ago 42
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The medical marijuana and adult use marijuana sectors have been "blazing" in recent months, but have consolidated recently, leaving share prices at discounts for dip buyers to capitalize on. Regardless of the immediate action of the stocks for companies like Tranzbyte Corp. (OTC: ERBB), Medical Marijuana (OTC: MJNA), Cannabis Science (OTC: CBIS), United Treatment Centers, Hemp Inc. (OTC: HEMP) Inc. (OTC: UTRM), and Triton Distribution Systems, Inc. (OTC: TTDZ), which have all recently seen dips from all-time highs, these companies are in a rapidly growing fundamental sector. All of these companies and more could need payment processing and merchant services, which most companies have been paying around 9% of their overall revenue in the MMJ industry for to date. According to recent press releases from Dutch Gold Resources, Inc. (OTC: DGRI), the company plans to take the MMJ sector's merchant services and payment processing markets by storm soon with a direct marketing team.
With recent attendance at an electronic transactions convention in Las Vegas, Nevada, Dutch Gold Resources, Inc. (OTC: DGRI) has gained access to a plethora of resources and industry experts to connect with. They set up meetings with industry professionals which offer potential acquisition targets and/or joint venture partners. The company acted quickly, and has already begun to develop a direct marketing center in the city that never sleeps.
Theoretically, DGRI is poised to profit more than any single MJ or MMJ dispensary out there, because they plan to offer the most affordable merchant services in the sector. Cannabis is a $2 billion market that is growing rapidly with expected growth to over $8 billion each year by 2018. 9% of these figures are $180,000,000 and $720,000,000 respectively, which DGRI will be in position to capitalize on with their new marketing team pushing hard to make deals as we go forward. The company also recently announced that they are anticipating the opening of around 40 new dispensaries in Clark County. They intend to be well positioned to capture the business of these new dispensaries.
In addition to positioning themselves for major revenue streams over the coming years, which could increase the intrinsic value of DGRI for shareholders, the company also intends to reward shareholders by offering a 10% stock dividend to shareholders on 04/15/2014. This dividend will offer ample incentive to investors to continue holding their DGRI shares for long-term fundamental company success in the cannabis sector payment processing market.
