Cyber Kiosk Solutions, Inc. (OTCMKTS:CYBK) Announces Plans For The Legitimate Marijuana Business

Boston, MA, 04/02/2014 (medicalmarijuanareporter.com) – Cyber Kiosk Solutions, Inc. (OTCMKTS:CYBK) has announced that it has completed acquisition of 35% of XSKN, Inc. XSKN, Inc is a manufacturer of premium silicone products and several of its products have been used by manufacturers of telecom OEM equipment as well as in other niche products for a decade. XSKN, it is expected to play a critical role in Cyber Kiosk’s sales and distribution plans.

Cyber Kiosk Solutions, Inc. (OTCMKTS:CYBK) has kicked off its plans for the marijuana industry by announcing the development of an E- wallet application for smart phone users in the legitimate marijuana industry. The app is being fast tracked and should be launched in the next month or two. It will connect to the verification and the fraud prevention software of the company and will be marketed by dispensaries thus creating an integrated ordering process. It will position the company for future revenues when mobile payments from customers become legal. The app will also provide dispensaries with the potential of product advertising as well as the necessary controls. It will also be marketed through media and print advertising.

It is also attempting to create multiple revenue streams by using the existing and future relationships to be established in order to maximise the potential of the legitimised marijuana industry. Its marketing efforts have resulted in commitments from 10 dispensaries in the states of Colorado and New Jersey and expect that number to increase substantially during 2014. The dispensaries have agreed to test and utilise the company’s software as well as the E- wallet application. In addition, they have also agreed to use the company’s kiosks to sell marijuana and related products over the counter. Cyber Kiosk Solutions, Inc. (OTCMKTS:CYBK) has shortlisted two companies and is in the process of negotiating and finalising master distribution rights and exclusive online sales agreements. You should remember that the company has no track record of the marijuana business and constitutes a high risk investment which you should treat with the appropriate caution.