Medical Cannabis Payment Solutions announced that it has received $0.4 million in funding.

Medical Cannabis Payment Solutions is engaged in the development of ancillary services for the medical marijuana industry. The Company provides integrated supply and distribution technology mandated or to be mandated by various states. The Company's S2S Seed-to-Sale integrated solution is intended to be a management and compliance technology for growers, caregivers and dispensaries. S2S provides grow house tracking, inventory control, patient management, accounting and compliance services to the medical marijuana industry. The Company's Ghost mobile applications include a marketing tool for dispensaries. The Company has also developed software and a related payment system for medical marijuana consumers and dispensaries, to assist in state tracking of sales, collection of tax and supervision of sales to consumers.