Category Archives: Cal-Bay International Inc. CBYI

Cal-Bay International, Inc. (CBYI) Benefits From Executive Team Diversity

June 30, 2014

Cal-Bay International, an investment holding corporation, has depended upon the diversity of experience represented by its executive team to deal successfully with the varied industries it represents. The company is now involved in pharmaceutical vending, hemp based consumer products, specialty plant growth, publishing, and financial processing.

• Robert Thompson (Chief Executive Officer) founded the company in 1990 as a sole proprietorship, serving as a manufacturer’s representative and distribution firm, operating under the name Cal-Bay Controls out of Tustin, California. The company went public in 2001 and, through a series of transactions with other companies, was eventually reorganized with a focus on developing and searching for operational business acquisitions in specific sectors for development, growth, and profitability, with the name Cal-Bay International. Mr. Thompson’s range of experience has been critical for the company’s expansion into new markets.

• Walther Nicholas (President) has over 10 years of company troubleshooting and reorganization skills. His employment background ranges from reorganizing and structuring private companies to his first public company introduction in 2006 with Robert Thompson, Atlantis Holdings. Atlantis holdings was formerly an analytical testing lab facility and developer and reseller of scientific and engineering equipment.

• Dr. Albert Gomez, MD (VP Medical Technology) received his medical degree from the University of California at San Diego School of Medicine, doing his post-graduate training in a surgery internship and residency at Mt. Zion Hospital in San Francisco. Dr. Gomez has a current California physician and surgeon’s license. His medical practice is incorporated as Meridian Medical Group Professional Corporation. He currently owns and operates medical clinics in San Jose, San Francisco, Manteca, and Fresno, California.

For more information, visit www.calbayco.com

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Cal-Bay International, Inc. (CBYI) E-Commerce Site Gains 5,000 Newsletter Subscribers in First 8 Days

June 18, 2014

Today, just before the opening bell, Cal-Bay International announced that its Legal Hemp E-Commerce storefront subsidiary has surpassed over 5,000 newsletter subscribers since the website launch on June 10th, 2014.

“From the onset of the website launch, the site ranking has been increasing on a daily basis, along with the visitors to the website,” stated Cal-Bay Senior VP of IT web development. “At the same time the Alexa ranking has been improved by over 100,000 points without optimization or purchased site traffic. The website traffic is natural and high in volume due to the content and industry sector. Newsletter signups on Legal Hemp have surpassed our projected expectations.”

Cal-Bay’s management added, “With this early high number of signups, the sales expectations are expected to exceed the initial projections; therefore, the company is planning to increase the support and fulfillment staff to meet the anticipated increased merchandise sales.”

Since the launch of the site, there have been a number of related product retailers requesting affiliate marketing programs for LegalHemp.com, either as a sales partner or exclusive products distributors to be featured on the Legal Hemp website. Legal Hemp will be using these relationships to provide a huge product selection to the users and at the same time, to create an amazing opportunity to increase site ranking and optimize the site traffic.

The initial Legal Hemp newsletter is scheduled for publication on July 10th and monthly thereafter. The publication will update subscribers of the site’s new products, services, and special offers for all Legal Hemp merchandise; additionally this service will provide corporate updates for the entire Cal-bay International family of subsidiary company updates, news, and special events.

For more information, visit http://www.calbayco.com/

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Cal-Bay International, Inc. (CBYI) Receives $7 Million Funding Proposal for Launch of Marijuana Dispensary Card Payment Network

June 17, 2014

Today, Cal-Bay reported its reception of a $7 million capital funding proposal for a 3-year term note for its CB Green Card merchant processing system. The system will provide U.S.-based legal marijuana dispensaries with a credible channel for receiving purchase payments from their patients.

Cal-Bay entered into a memorandum of understanding for the funding proposal, and the proposal’s terms will be fully disclosed once the definitive agreement is executed at close of Escrow. The proceeds will be used for completion of Cal-Bay’s Green Card merchant processing network as well as production of POS terminals required for use by the dispensaries.

To date, using credit cards for purchases from dispensaries has not been available because of differences in federal and state law regarding marijuana product sales. The majority of purchase transactions have been carried out in only cash. Cal-Bay’s merchant processing system gives registered dispensaries another method for accepting payment, as the system gives them the ability to accept and process patients’ CB Green Card and have the proceeds deposited in their financial institution.

With Cal-Bay’s merchant card processing system, registered dispensaries will not have to sit on large amounts of cash and will have a verifiable transaction of sales for federal and state tax collection agency records. To date, there are over 2,000 legally licensed marijuana dispensaries in 23 states in the U.S. They project over $3 billion in sales for 2014, a 100 percent increase from sales in 2013.

For more information, visit: http://www.calbayco.com/

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Cal-Bay International, Inc. (CBYI) Portfolio Comprised of Cutting-Edge Technology, Diversification

June 12, 2014

Cal-Bay International is a diversified holding company seeking out operational business acquisitions to add to its unique portfolio of subsidiaries. The company’s overarching mission is to develop multiple profit centers and residual income that feed into a consolidated, stable, and sustainable financial environment for the parent company and its holdings.

Cal-Bay’s Pharmacy Vending division is developing Pharmacy-Vend, a proprietary automated kiosk vending system that operates similar to bank ATMs to disperse prescription medications directly to patients and then allows them to complete the payment transaction via credit card or debit card. This provides patients with immediate access to acute medications while catering to doctors, pharmacies and hospitals by cutting the rising costs of pharmacy dispensing. Pharmacy-Vend’s supporting software enables automatic tracking and maintenance of medication inventory.  Furthermore, the automated aspect of the kiosk removes the potential for human error by utilizing a series of barcode and identification checks to ensure that the correct medication is dispensed.

At the core of Cal-Bay’s mission is a business strategy designed to also capitalize on the legalization of marijuana for medical and recreational purposes.

Cal-Bay’s Legal Hemp™ division is a wholly owned subsidiary focused on developing, producing, and distributing products through the company’s e-commerce storefront. These products include tetrahydrocannabinol (THC)-free edible candy products, marijuana-related apparel, and a line of legal marijuana dispensary compatible products that will be launched in the near future. Relative to this division, Cal-Bay’s other subsidiaries include Cannabis Candy Company™, Hemp Candy Company, Marijuana MEDS Pharmacy™, and MJ Expo™.

Through its Cal-Bay Financial subsidiary, Cal-Bay has developed a merchant processing network branded as the CB Green Card. This pre-paid gift and loyalty program charge card is similar to platforms currently used by leading credit and gift card processing networks but is intended for use with legal dispensaries by way of an exclusive Cal-Bay Financial Services processing terminal. This payment terminal enables a seamless transaction followed by a full report for the dispensary and tax collectors, allowing the legal transfer of funds from the point of sale to the customer’s U.S. banking institution.

For further diversification, Cal-Bay’s portfolio also includes the SnapGrowth™ product line, a natural enhancement solution for healthy, natural, fuller and faster growth of certain types of specialty plants; and Cal-Bay Leasing™, a division created to drive growth of Pharmacy-Vend sales and Cal-Bay Financial™ by offering in-house leasing. Cal-Bay Leasing is also involved in pharmacy and dispensary vending equipment and point of sale processing equipment.

With an increasingly diverse yet consistently powerful portfolio of subsidiaries, Cal-Bay has positioned itself to recognize and capture its share of opportunity and growth within several key segments of the consumer, pharmaceutical and marijuana industries.

For more information visit http://www.calbayco.com/

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CalBay International, Inc. (CBYI) Launches Online Store Front at “LegalHemp.com”

June 10, 2014

CalBay International has opened its online e-commerce store at www.LegalHemp.com. The website will serve as the company’s online front for introducing a range of initial retail product lines to the legal cannabis sectors.

These initial retail product lines include an exclusive apparel line as well as a diverse range of marijuana-flavored, non-THC, edible candies. CalBay International expects to add more product selections to the website on what it anticipates to be a regular basis.

Cal-Bay CEO Robert Thompson commented, “We are very excited for the launch of the first Storefront, and the E-Commerce site is now operational and will be able to start shipping products by the end of the month. The newsletter and account registration components are all fully functional.”

Thompson further commented, “The team has created a professional user-friendly series of websites to best demonstrate an online summary and overview of Cal-Bay and its subsidiaries business and revenue models. We believe this will pave the way for Cal-Bay, investors and shareholders alike, who have been supportive of Cal-Bay during the transition to this sector.”

For more information visit: www.calbayco.com

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Cal-Bay International, Inc. (CBYI) is “One to Watch”

June 9, 2014

Cal-Bay International is a diversified investment holding corporation focused on constantly developing and searching for operational business acquisitions in specific sectors for development, growth and profitability. The company aims to develop multiple profit centers and residual income thus creating a stable consolidated financial environment for both the parent company and its subsidiaries.

The Pharmacy Vending division is developing a proprietary automated kiosk vending system called Pharmacy-Vend, which operates much like a bank ATM to disperse prescription medications directly to patients. Pharmacy-Vend’s advanced technology is designed to cut the rising costs of pharmacy dispensing for doctors, pharmacies and hospitals while giving patients a better, faster and secure way of providing immediate access to acute medications.

Other divisions of the company include Legal Hemp™, a wholly owned subsidiary focused on developing, producing, and distributing through the company’s e-commerce storefront, products such as “THC” free edible candy products, MJ related apparel, and soon to be introduced a line of Legal Marijuana Dispensary compatible products.

Cal-Bay Financial, a wholly owned subsidiary, recently announced the development of a merchant processing network introduced as the CB Green Card. A pre-paid gift and loyalty program charge card using a similar type of platform employed by leading credit & gift card processing networks, the CB Green Card is intended for use with legal dispensaries by way of an exclusive Cal-Bay Financial Services processing terminal which will allow a seamless transaction and would further create a full report for the dispensary and tax collectors while legally transferring funds from the point of sale to the customer’s US banking institution.

The company also recently acquired the proprietary technology for the SnapGrowth™ product line, a natural enhancement solution for healthy, natural, fuller and faster growth of certain types of specialty plants. Cal-Bay Leasing™, a division dedicated to fueling the growth of Pharmacy-Vend sales and Cal-Bay Financial™ by offering in-house leasing, is also involved in pharmacy and dispensary vending equipment and point of sale processing equipment. Cal-Bay’s other subsidiaries include: Cannabis Candy Company™, Hemp Candy Company, Marijuana MEDS Pharmacy™, and MJ Expo™.

Cal-Bay’s business model is synergistic to the vast and growing opportunity for technology, products, and services that capitalize on the legalization of medical & recreational cannabis. With a well-rounded management team and go-to-market strategy in place, the company is well positioned to maximize its growth potential in various markets.

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