Daily News: April 8, 2014

Omega to Launch Financial Division for Medical Marijuana

Omega Commercial Finance, the parent company to Capital MatchPoint, announced their plans to launch an alternative finance division solely focused on the international and domestic legalized cannabis medical marijuana market through a separate web portal called Cannabis MatchPoint.

Cannabis MatchPoint is a financial platform constructed specifically to serve as a global Internet transactional portal with a social media platform that can function solely as a conduit for cannabis investors, both private and institutional, to virtually conduct financial transactions with various cannabis companies and/or start-ups in the U.S. and other untapped countries with a legalized cannabis market such as Uruguay.

The financial web portal will utilize Capital MatchPoint’s present-day proprietary algorithms to filter and create funding matches among its financial network between capital seekers and investors within the medical marijuana industry.

This is the first and only registered equity-tracking index, which monitors the performance, news, commentary and general pulse of medical marijuana stocks, cannabis stocks, and hemp stocks of related companies via its Medical Marijuana Index or Cannabis Index.

Cannabis MatchPoint will expand the access to capital required by these types of companies globally through its web portal. In the U.S. alone, the $1.4 billion legalized medical cannabis market is forecasted to grow by 63% during 2014.