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Posted On: 09/25/2020 10:27:29 AM
Post# of 108123
LEAS
Strategic Asset Leasing Inc. Enters Into Additional LOI
Press Release | 09/25/2020
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.
Stated CEO, Jason Tucker: "Having extensive background in the FinTech industry, I can confidently say this is the best financial services to the cannabis industry platforms I have ever seen. I'm very excited to have this acquisition in the Strategic portfolio and to bring this service to the cannabis market."
Strategic Asset Leasing Inc. Enters Into Additional LOI
Press Release | 09/25/2020
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.
Stated CEO, Jason Tucker: "Having extensive background in the FinTech industry, I can confidently say this is the best financial services to the cannabis industry platforms I have ever seen. I'm very excited to have this acquisition in the Strategic portfolio and to bring this service to the cannabis market."
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