DGAP-News: Cannabis Medical Solutions Announces Beta Launch of First Online Registry for Medical Marijuana Patients

DGAP-News: Cannabis Medical Solutions Inc. / Key word(s):
Miscellaneous
Cannabis Medical Solutions Announces Beta Launch of First Online
Registry for Medical Marijuana Patients

04.03.2011 / 17:55

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Cannabis Medical Solutions Announces Beta Launch of First Online Registry
for Medical Marijuana Patients

-Revolutionary Patient Website www.CannabisXchange.com allows first time
patients to register, search and join medical marijuana collectives in
geographical area within secure environment.

LOS ANGELES, March 4th, 2011 (GLOBE NEWSWIRE) — Cannabis Medical Solutions
Inc. (http://www.cannabismedsolutions.com/) (OTCBB:CMSI – News), a leading
company specializing in merchant payment solutions and financial products
for the medical marijuana and health care industries, today announced that
the company has successfully launched as in the beta-testing phase of the
first online registry for medical marijuana patients allowing these
approved patients to search and join collectives within their geographic
area and state. The secure patient platform and website,
www.CannabisXchange.com, requires patients to register, upload valid
documents and receive approval for use of the system. Once approved, the
software which identifies patients demographically by IP address, will
allow patients to search, see all strains available to the member of a
particular collective, read information on caregivers, contact physicians,
and see vendors proving everything from seeds to edibles.

–We have been awaiting the launch of www.cannabisxchange.com for some time
now by our software engineering partners, and we are very pleased that we
have reached the beta launch this week. For the first time, approved first
time patients can join a specific collective online, search all strains
offered, and reserve medicine to be picked up within the licensed
dispensary or location. Verification of all documentation is provided by
the software platform, which is then forwarded to the caregiver chosen by
the patient in a secure transaction. We are expecting several thousand
patients within the approved states to register at the exchange over the
next several months. There are no fees to patients. Caregivers, vendors and
dispensaries will eventually pay a monthly or annual listing fee to receive
access to the site and patients seeking to join caregivers in their area–,
stated Michael Friedman, CEO for Cannabis Medical Solutions.

About Cannabis Medical Solutions

Cannabis Medical Solutions Inc. (OTCBB:CMSI – News)
(http://www.cannabismedsolutions.com/) offers a full spectrum of secure and
reliable transaction processing solutions using traditional, Internet
Point-of-Sale (POS), e-commerce and mobile (wireless) terminals in
conjunction with Industry Alliance Partners. The Company has recently
focused on providing payment solutions to the licensed medical marijuana
dispensaries throughout 15 states. In an effort to keep these businesses
within the guidelines of CO Amendment 20, SB 109 and HB 1284, CA
Proposition 215, SB 420, SB 1449 and Proposition 19. Cannabis Medical
Solutions (CMSI) offers reliable merchant payment solutions and closed loop
pre-paid stored value and loyalty cards as a unique cash alternative to
these regulated dispensaries for both operators and members of collectives.
CMSI will seek to capitalize on this presently untapped and much needed
solution and presently provides services to multiple locations throughout
California, Colorado and Montana.

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is
subject to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial results
that are forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks, uncertainties
and other factors, which may cause the actual results, performance or
achievements of Cannabis Medical Solutions Inc. to be materially different
from the statements made herein.

Contact:

Cannabis Medical Solutions Inc.
Investor Relations:
305-396-9097
info@cannabismedsolutions.com

End of Corporate News

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04.03.2011 Dissemination of a Corporate News, transmitted by DGAP – a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP–s Distribution Services include Regulatory Announcements,
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114538 04.03.2011