Excel Corporation announced that it has created a new wholly-owned subsidiary called 420 Solutions Corp. The primary focus of the new company is to develop and deploy advanced ways of providing payment processing services and ancillary products and services to the growing medical marijuana dispensary industry. Excel and 420 Solutions Corp.

expect to soon announce the details of a pilot program in the upcoming days once 420 Solutions Corp. has finalized its exclusive hardware deal that will handle the new method of debit transactions at medical marijuana dispensaries.