Friday, September 25, 2020 9:21:39 AM
CHEYENNE, WY / ACCESSWIRE / September 25, 2020 / Strategic Asset Leasing Inc. (OTC PINK:LEAS), the Company, is pleased to announce a Letter of Intent (LOI) to acquire a cannabis industry banking platform.
The system boasts being the only true banking solution for the cannabis industry. Compliant cannabis companies can sign up for conventional banking loans through a AMS and BSL certified secure application system. The platform is able to facilitate real bank loans and merchant services to qualified cannabis companies.
The platform, which is in its beta phase already, has 5 participating and insured banks signed on to review applications. Qualified cannabis companies joining during the beta phase are being pre-qualified as trusted partners.
Upon acquisition, Strategic will participate in finishing the platform's credit card services, currently under development, and complete final roll out of the full system and apps. Strategic will be providing links to the company's already launched website as well as its promotional Vimeo video immediately upon execution of a final agreement. The Company expects the acquisition to close within 2 weeks.
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