WEST PALM BEACH, FL, Jan 22, 2014 (Marketwired via COMTEX) -- FastFunds Financial Corporation (OTCQB: FFFC) announced today it has formed a new wholly-owned subsidiary, Cannabis Angel, Inc., whose purpose is to assist and provide angel funding, business development and consulting services to Cannabis related projects and ancillary ventures.
The Company will not be providing financing or consulting work for business activities that are involved in the growing or distribution of legal medical or recreational marijuana operations in those States in which they are allowed. The Company intends to work with ventures that do not directly violate any current Federal Laws, but rather are ancillary businesses that work within the industry.
The Company also announced that it has entered into an agreement with a Minneapolis-based private equity fund to provide financing for agreed upon projects.
About FastFunds Financial Corporation
FastFunds Financial Corporation is a holding company that is publicly traded on the Over-the-Counter QB under the symbol "FFFC." The Company currently operates in the financial services industry segment with a single credit card services portfolio. The Company is currently seeking new business opportunities to diversify and complement our current services and products, enhance our technical capabilities and offer growth opportunities for our stockholders.
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