Cal-Bay International, Inc. (CBYI) Portfolio Comprised of Cu Cal-Bay International, Inc. (CBYI) Portfolio Comprised of Cutting-Edge Technology, Diversification
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 https://www.calbayco.com/
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