Citadel EFT, Inc. (CDFT) Comments on Legal Marijuana

New Post Public Reply Private Reply Replies (0) Message Board
Hightech

Citadel EFT, Inc. (CDFT) Comments on Legal Marijuana Merchant Account, Credit Card Processing, Payments and Banking Solutions

Text Size
Published: Friday, 7 Mar 2014 | 9:00 AM ET
Twitter
0
LinkedIn
0
Share

OCEANSIDE, Calif., March 7, 2014 (GLOBE NEWSWIRE) -- Citadel EFT, Inc. (OTCQB:CDFT) has been helping companies for over 20 years establish a merchant account for credit card processing commented today on the processing solutions and the legal marijuana industry.

Since the Presidential election there are many marijuana related stocks that have been steadily climbing. Over the past decade 18 states have approved the use of medicinal marijuana which accounts for over a third of the US. It is quickly becoming a preferred alternative to traditional treatments for patients with debilitating diseases like cancer, glaucoma, HIV/AIDS, hepatitis C, Crohn's disease, Parkinson's disease, ALS, or multiple sclerosis.

Gary DeRoos, President of CDFT stated, "The trend is clear, the medical marijuana industry generated over $1.5 billion in revenue nationwide last year, and is expected to grow to $9 billion by 2016, offering Citadel multiple opportunities in a spectrum of transaction processing solutions using traditional, Internet point-of-sale, e-commerce, and mobile (wireless) terminals that are safe, legal and fully compliant with Federal and State laws designed specifically for the legal marijuana industry. This will be the focus of our 2014 business plan."

About Citadel EFT, Inc:

Citadel EFT, Inc. http://www.credit-card-processing.com has been helping companies for over 20 years establish a merchant account for credit card processing. Citadel has no monthly fee and no minimums for our credit card service. As a merchant of ours, you can process credit cards like Visa, MasterCard, Discover, American Express, EBT, Checks and ATM Cards, Citadel ships your credit card machine, free of charge.

FORWARD LOOKING STATEMENT

CDFT cautions that statements made in the press release constitute forward-looking statements, and not guarantees of future performance, and the actual results or developments may differ materially from projections in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time the statements are made.

CONTACT: Gary DeRoos 714-423-0701 Email Contact: citadeleftinc@gmail.com www.credit-card-processing.com Source:Citadel EFT Inc.

Citadel EFT Inc (CDFT) Stock Research Links

CDFT Board Company Profile Buy Rating Time & Sales News Filings Financials
"The only way of discovering the limits of the possible is to venture a little way past them into the impossible."
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Flex Dental Solutions Adds BNPL, Surcharging to FlexPayments

Updated Category News Views 5

Diving into Dental Finances: A New Moneymaker? It's about time someone shook up the dental payment scene, and Flex Dental Solutions seems to be the one doing it. They rolled out some intriguing new features for their FlexPayments platform aimed squarely at dental practices using Open Dental. What we're seeing here is their attempt to bridge a couple of financial headaches...

Continue Reading
AI Trust in Finance: Survey Reveals Market Impact

Updated Category News Views 3

Trust in AI for Financial Guidance: Where Are We Headed? The market winds shift with every sunrise, and today’s buzzword? Artificial Intelligence. You’d almost think AI’s trying to steal my job along with every other trader’s mojo. But here's the twist—A survey from Possible Finance shows about 15% of folks would actually lean on AI for their financial advice....

Continue Reading
Moore Law Investigates Aardvark Therapeutics' Risks

Updated Category News Views 2

Moore Law Launches Probe Into Aardvark Therapeutics Nobody likes stumbling across bad news over their morning coffee, but sometimes the market loves to keep you on your toes. Now it's Aardvark Therapeutics (NASDAQ: AARD) in the headlines, and not how they'd like. This time, Moore Law PLLC is rolling up its sleeves to dig into potential misconduct by the company's top...

Continue Reading
Diaper Affordability: A Hidden Crisis, Taxpayer Burden

Updated Category News Views 6

A Silent Crisis Lurking in Diapers Diapers. We don’t think about them much until we need them, but nearly half of U.S. families are painfully aware of their cost. According to a report from the NDBN Diaper Check 2026, many struggle to meet this basic necessity. This isn't just about keeping babies clean—it's a public health issue with economic ripples Congress can't...

Continue Reading
K-9 Hero Act Aims to Ease Costs for Retired Dogs' Care

Updated Category News Views 7

Let's Talk About the Loyalty that Dogs Deserve Who would've thought we'd be chatting about our four-legged heroes in a federal setting? But here we are, giving well-deserved attention to those furry federal agents. They're the ones who sniff out bombs and tackle crooks, and they're not asking for a retirement plan with a yacht – just some vet care! What the K-9 Hero Act...

Continue Reading
Albertsons Welcomes Once Upon a Coconut Nationwide

Updated Category News Views 4

Coconut Water Takes Over Grocery Aisles You know, for all the cautious optimism I wield, this here is a move that shows real muscle in the world of coconut water—I mean, slamming into Albertsons' grocery empire is no small potatoes! Once Upon a Coconut has landed its premium hydration cans across all the banners under this giant retailer. From that good ol' familiar...

Continue Reading
Cannabis Industry Pushes for Robust Financial Services

Updated Category News Views 4

Industry Gears Up for Financial Action Clearly, cannabis businesses are shouting louder than a vendor at a ballgame, demanding more than just the basic chips-and-soda banking service. They’re on the hunt for serious credit facilities, payments, and the traditional financial tools that most sectors take for granted. I mean, check this out: Shield Compliance just dropped...

Continue Reading
Atli Launches: AI-Powered eSIM Revolutionizes Travel

Updated Category News Views 5

What's New in Travel Tech: Atli's Debut Wandering the globe might sound romantic until you realize your phone's a paperweight without the right data. Enter Atli, a shiny new AI-powered travel eSIM service, snugged right into your WhatsApp. This marvel comes from the folks at XForge Mobile and aims to obliterate the hassle of getting connected abroad. You know those...

Continue Reading
Crystal Risotti: Leading IT Compliance in Healthcare

Updated Category News Views 3

A Journey Marked by Dedication and Expertise In the demanding world of healthcare technology, where regulations can make or break a company, Crystal Risotti has carved out a space for herself as a leader. Over the last 30 years, she's developed a reputation for blending regulatory expertise with practical business strategies. Her recognition as a Pinnacle Professional of...

Continue Reading
SES Sells to AFC Industries: A Strategic M&A Move

Updated Category News Views 3

Nashville's Notable Deal in Industrial Supply On a muggy September day in Nashville, XLCS Partners announced it was at the helm of a noteworthy transaction—the sale of Signature Engineered Solutions (SES) to AFC Industries. Now, this isn't just another corporate shuffle; it's a calculated move in the gritty world of fastening and engineered solutions. The Nitty-Gritty...

Continue Reading

Top 5 Most Recently Viewed Articles

Temporary Suspension of Trading Affecting Several Funds

Updated Category News Views 188

Temporary Suspension of Trading for Specific Funds Sparinvest has announced a temporary suspension of trading for several of its funds. This action is taken in light of challenges experienced in reporting the net asset values to Nasdaq Copenhagen due to unforeseen technical issues. As a responsible entity, Sparinvest is committed to maintaining transparency and ensuring...

Continue Reading
Compugen Announces Upcoming Participation in Healthcare Event

Updated Category News Views 65

Compugen to Join Prominent Healthcare Conference Compugen Ltd. (Nasdaq: CGEN), renowned for its innovative strategies in cancer immunotherapy and computational target discovery, is set to engage in a fireside chat during the forthcoming Stifel 2024 Healthcare Conference. This engaging discussion will take place on a day when industry leaders congregate to share insights...

Continue Reading
Matz Injury Law Unveils Reduced Fees Resulting in Major Savings

Updated Category News Views 125

Matz Injury Law's Innovative Fee Structure In a significant move that enhances client financial stability, Matz Injury Law has announced over $10 million in savings for its clients through a uniquely structured contingency fee model. The Southfield-based personal injury law firm, founded by Steve Matz in 1978, offers its clients a low contingency fee of 22%, a marked...

Continue Reading
IBM Links Arms with Abertis: Major Technology Deal

Updated Category News Views 6

Revolutionizing Mobility with a Tech Overhaul In a world where digital transformation isn't just a buzzword but a business imperative, IBM (NYSE: IBM) has strapped in for a new ride, joining forces with Abertis, an infrastructure heavyweight. These folks aren't just tapping on a few keyboards here—they're looking to give the entire mobility sector a facelift with a...

Continue Reading
Mercer Enhances Global Pension Services with Cardano Acquisition

Updated Category News Views 30

Mercer Completes Strategic Acquisition of Cardano In a significant move for the financial services sector, Mercer, a prominent business of Marsh McLennan (NYSE: MMC), successfully completed its acquisition of Cardano, a professional services firm known for its expertise in pension services and investment solutions. This acquisition marks a strategic enhancement for...

Continue Reading