DENVER, June 18, 2014 /PRNewswire/ -- Cal-Bay
International, Inc. (OTC: CBYI) today announced the company's Legal
Hemp E-Commerce storefront subsidiary has surpassed over 5000
newsletter sign up subscribers since the website launch on
June 10th, 2014.
Cal-Bay Senior VP of IT web
development commented, "From the onset of the website launch, the
site ranking has been increasing on a daily basis, along with the
visitors to the website. 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 stated "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.
About Legal Hemp:
Legal Hemp is Cal-Bay's first E-Commerce website for the
introduction of the initial retail product lines targeting the
legal marijuana sectors. The initial product lines are comprised of
an exclusive apparel line and a variety of marijuana-flavored,
non-THC, edible candies. The company will be adding a more
diversified selection of products on a regular basis. The Legal
Hemp E-Commerce site is now operational and will be able to start
shipping products by the end of the month. www.legalhemp.com
More Cal-Bay International, Wholly Owned
Subsidiaries:
Cal-Bay Financial Services:
The Cal-Bay Financial merchant card processing system will allow
the legal payment to the dispensary by patients using the CB Green
card for purchases within the dispensaries. Currently the legal use
of credit cards to dispensaries for the purchase of Marijuana
products has to date not been available due the nationwide dispute
between state and Federal agencies as to the legality of the sale
for Marijuana products; therefore the majority of the transactions
are on a cash only basis. The company's merchant processing system
allows for the registered dispensaries to be able to accept and
process the patients CB Green card and have the proceeds deposited
to their financial institution, creating an alternative to holding
large amounts of non depositable cash to the banks and at the same
time creating a verifiable transaction of sales for state and
Federal tax collection agencies. The Cal-Bay financial website is
scheduled for launch in the near future and will include a
directory of Legal dispensaries who accept the CB Green Card
payment program. www.calbayfinancial.com
Safe Harbor Statement: Safe harbor from liability
established by the Private Securities Litigation Reform Act of
1995. These forward-looking statements generally can be identified
by phrases such as CBYI or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives,
plans, intentions or goals also are forward-looking statements. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements. Cal-Bay International,
Inc.:
Cal-Bay International, Inc.
600 17th Street,
Suite 2800
Denver, Colorado 80202
Website: www.calbayco.com
SOURCE Cal-Bay International, Inc.
