Medical Cannabis Payment Solutions REFG Archives

MondayJan 14, 2019 10:23 am

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Highlights Results of Key Banking Launch, Eyes Growth and Expansion

Medical Cannabis Payment Solutions (OTC: REFG) this morning provided an update on its 2018 activities and its strategic direction for 2019, reviewing results from the successful launch of its proprietary cannabis banking solution. According to the update, the Go! platform provides REFG with a key first-mover advantage, as it is believed to be the first cannabis-focused payment solution available across all states with legalized cannabis. Its launch formed the first revenue-generating stream for the company, and over 150 applications and dozens of new accounts for banking have opened since achieving commercialization last quarter. "Our corporate mantra has always been compliance,…

FridayDec 21, 2018 9:15 am

As Federal Laws Change, Medical Cannabis Payment Solutions (REFG) Looks Forward to Continued Growth

Agriculture Improvement Act of 2018, which includes the legalized production of hemp, passes both houses of Congress Company seeks to change the industry from risky cash-only store fronts to a secure, federally compliant bank-accessible business model Positioned at the forefront as federal laws catch up to the growing industry Companies working in the medical and recreational cannabis industry, like Medical Cannabis Payment Solutions (OTC: REFG), are celebrating a big win. A large farm bill, known as the Agriculture Improvement Act of 2018, was passed in the Senate, 20-1, and in the House of Representatives, 369-47 (http://ibn.fm/2A4OB). Sen. Majority Leader Mitch…

TuesdayDec 18, 2018 9:00 am

Medical Cannabis Payment Solutions’ (REFG) ‘Go’ Creates a Digital Payment Processing Environment for Legalized Cannabis Businesses

REFG’s Go delivers a compliant cashless and digital world for legalized cannabis transactions by dispensaries and merchants; retailers and consumers can sign up for Go online REFG is a hemp grower that owns SpeedyGrow, licensed in Colorado; it has established itself as a leader in payment processing by handling some 60 million transactions monthly The company’s goal is transactional safety and accuracy; it operates within Financial Crimes Enforcement Network (FinCEN) guidelines and offers a transparent and approved environment Medical Cannabis Payment Solutions’ (OTC: REFG) ‘Go’ is a processing system which offers cannabis dispensaries, merchants and customers a digital payment program…

FridayOct 05, 2018 12:02 pm

Medical Cannabis Payment Solutions’ (REFG) ‘Green’ Offers Security and Compliance Solution for Licensed Dispensaries and Merchants

REFG’s ‘Green’ payment system creates a comprehensive, safe and cashless environment for marijuana transactions in the legalized cannabis industry Green is being offered not only to medical marijuana retailers, but to the entire cannabis industry, as a digital and secure system that benefits both clients and patients Patients and customers can sign up for Green online, allowing cards to be branded to the vendor, encouraging client loyalty and enabling dispensaries and retailers to accept cryptocurrency payments Medical Cannabis Payment Solutions’ (OTC: REFG) ‘Green’ is a first tier digital payment system that creates a safe and non-cash environment for cannabis dispensaries…

ThursdaySep 06, 2018 10:01 am

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Accepting Applications for Banking Solution from State Sanctioned Cannabis Establishments

Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it is accepting applications for depository accounts for all state sanctioned medical marijuana establishments through its website at www.Take.green. In addition, the company said it has received over 100 applications for its processing and banking products. “Once applicants have their depository account set up, our payment solution will be able to transact compliant, electronic, cashless payments,” Medical Cannabis Payment Solutions CEO Jeremy Roberts stated in the news release. “Most medical marijuana establishments are dealing with the crisis of not having any real banking solutions. We’re excited to offer our ability…

FridayAug 31, 2018 12:27 pm

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions’ (REFG) Green Platform Offers Cannabis-related Businesses a Total Banking Solution

Medical Cannabis Payment Solutions (OTC: REFG), through its Green platform, is offering an end-to-end management system to its clients operating in the cannabis industry. A recent article discussing the new addition reads: “Green is one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. This state-of-the-art system takes payment directly from customers, tracks sales and tax collection, pays bills and payroll, eliminates cash-only transactions, integrates ecommerce shopping carts for online orders and more. The Green platform also provides online bank accounts to help cannabis providers deal with the problem of…

WednesdayAug 22, 2018 12:53 pm

Payment Processing Continues to Present Challenge as Legalization of Cannabis Gains Momentum

Majority of states have legalized marijuana in some form CSA creates financial barriers to cannabis sales, purchasing REFG pioneering payment solutions in rapidly expanding market In what CNN analyst Z. Byron Wolf says may be a tipping point (http://ibn.fm/B8TKV), voters in Oklahoma — generally considered a politically conservative state — approved one of the most permissive medical marijuana initiatives in the country this summer. For those keeping track, that makes a total of 30 states and the District of Columbia (http://ibn.fm/4MArB) that now have laws broadly legalizing marijuana in some form. Once unimaginable, the legalization of the substance on a federal level is…

TuesdayAug 21, 2018 2:45 pm

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Aims to Increase Footprint, Reach Corporate Objectives through Advisory Board Additions

Medical Cannabis Payment Solutions (OTC: REFG) is a payment processor and industrial hemp grower with plans to operate a mobile hemp CBD extraction lab. The company recently named a new member to its advisory board and believes the move will expand the company’s footprint and help reach its corporate objectives. A recent article discussing the new addition reads: “Medical Cannabis Payment Solutions (OTC: REFG) is intensifying its focus on cannabis by adding to its advisory board another prominent political figure from a state in which medical marijuana has been legalized, namely Mike Haridopolos, former president of the Florida State Senate.…

TuesdayAug 21, 2018 12:30 pm

Medical Cannabis Payment Solutions (REFG) Specializes in Quality Control from Seed to Sale

Providing first and only comprehensive card processing operation in the cannabis industry Diversifying commitment beyond a payment solution and increasing shareholder value from seed to sale Expanding and strengthening advisory board to achieve corporate objectives The expedited growth and demand of legal marijuana operations has made it difficult for dispensaries to manage all aspects of their operations. There are many moving parts that go into remaining compliant with FinCEN and the Cole Memo, maintaining safety in the handling of funds for a traditionally cash only industry and managing customer satisfaction and quality control. Medical Cannabis Payment Solutions (OTC: REFG) is…

FridayAug 10, 2018 3:18 pm

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Positioning for Opportunity in Markets Expecting Double-Digit Growth

Eyeing forecasts of double-digit growth in adult-use and medical cannabis markets, Medical Cannabis Payment Solutions (OTC: REFG) is positioning for opportunity through an agreement to establish a mobile hemp CBD extraction lab. A recent article discussing this reads, “The company has agreed in principle with a subsidiary of Paper Lantern, LLC to acquire the rights to operate mobile hemp labs. According to the company, the labs will be at farms owned and operated by REFG, as well as at farms which have entered into processing agreements with the company (http://ibn.fm/BAs6i). In a news release, Jeremy Roberts, CEO of REFG, said,…

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