Medical Cannabis Payment Solutions REFG Archives - Page 5 of 6

WednesdayFeb 21, 2018 12:48 pm

Medical Cannabis Payment Solutions (REFG) Helps Fill State Coffers

States that legalize medical cannabis reaping large tax windfalls State-sanctioned cannabis businesses forced into cash-only operation due to federal banking impasse REFG resolves cannabis banking and operational issues, generating more state tax revenues Current regulatory anxiety surrounding cannabis will have little impact on the long-term growth of the industry. Evermore states continue to relax marijuana strictures not only in response to citizen demand but also to generate tax revenues. There’s overwhelming scientific evidence validating the medical efficacy of certain cannabinoids, and states that have legalized marijuana in various forms are finding that cannabis cash is filling state coffers. In 2016,…

WednesdayFeb 14, 2018 5:05 pm

Medical Cannabis Payment Solutions (REFG) CEO Confident About Utah Cannabis Bill Success

Proposed legislation would be more moderate than a current legalization initiative but allow more concessions than a more conservative bill submitted this season Jeremy Roberts is confident the yet undrafted bill will be ready for consistent debate before the end of the current legislative session on March 8 Cannabis is illegal in Utah, with only one exception: non-psychoactive medical CBD oil extract is allowed for patients suffering from severe epilepsy A medical cannabis bill that would advocate a more moderate approach and would “bridge the gap” between two very different legalization initiatives currently underway, has every chance to be successful,…

TuesdayFeb 06, 2018 12:03 pm

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Solving the Banking Nightmare of the Medical Marijuana Industry

Medical Cannabis Payment Solutions (OTC: REFG) is a cannabis-focused financial services company committed to providing end-to-end management for medicinal marijuana operations. An article discussing the company reads: “Based in Nevada, the corporation serves the medical marijuana sector. As a merchant processing pioneer of the marijuana industry, Medical Cannabis Payment Solutions brought to the market the first and only comprehensive card processing service. Via Green, a proprietary payment system that was launched earlier in January 2018, the company aims to offer a “cure for the banking nightmare cannabis establishments face,” according to CEO Jeremy Roberts. The platform has full merchant account…

WednesdayJan 31, 2018 2:29 pm

Medical Cannabis Payment Solutions (REFG) Offers a Simple Banking Solution

Bringing to market the first and only comprehensive card processing operation of its kind, simple for businesses and clients Helps cannabis distributors stay in compliance with all federal laws Empowers businesses with an advanced client management system Medical Cannabis Payment Solutions (OTC: REFG) provides the industry with fully secure, state-of-the-art financial services that are simple to set up and easy to use. In January, the company launched Green, a platform with full merchant account functionality. Cash-only operations are now a thing of the past. This comprehensive card processing operation allows for online sales, client management, repeat billing and 100 percent…

MondayJan 29, 2018 1:36 pm

Medical Cannabis Payment Solutions’ (REFG) Proprietary Platform Helps Expand Cannabis Industry’s Banking Options

The company’s platform offers full merchant account functionality and fully secure payment processing options Medical Cannabis Payment Solutions’ technology is used by medical marijuana vendors Bitcoin payments will soon be integrated into the platform Although marijuana was one of the fastest-growing industries over the last couple of years and is expected to continue at the same pace throughout 2018 and beyond, authorized businesses and vendors still have a hard time managing their finances and customers in the absence of banking services. With most banking institutions unable to open their doors to legal marijuana businesses because the substance is still classified…

WednesdayJan 17, 2018 3:19 pm

Medical Cannabis Payment Solutions (REFG) Breaking the Cannabis Payment Logjam

State-sanctioned cannabis businesses forced into cash-only operations due to federal conundrum Medical Cannabis Payment Solutions has alternative for cannabis banking that solves cash handling issues Company’s proprietary system breaks logjam and provides businesses with competitive advantages As the scientific evidence of the medical efficacy of marijuana has mounted, multiple states have begun to legalize its use. Ignoring antiquated federal strictures, 29 states now permit medicinal use, with eight states allowing recreational use, and more states are expected to expand legalization this coming year. The acceptance of marijuana throughout the nation has spawned a multi-billion dollar industry, yet it has also…

ThursdayJan 11, 2018 11:20 am

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Announces Plans to Accept Bitcoin Payments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced plans to begin processing payments in bitcoin. Per the update, this development goes beyond the current version of the company’s merchant app, which is available to state-licensed marijuana establishments. “The payment system will offer a unique Bitcoin payment option enabling consumers to easily use the digital currency to make purchases,” Sean Hullinger, chief legal officer of Medical Cannabis Payment Solutions, stated in the news release. “This process allows stores to accept not only electronic payments in US dollars, but also digital currency (instead of cash only). We…

MondayJan 08, 2018 12:05 pm

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Issues Response following Attorney General’s Decision to Rescind Cole Memo

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning issued a response to Attorney General Jeff Sessions’ decision to rescind the Cole Memo and other internal enforcement guidelines from the Obama Administration that deprioritized enforcement of federal marijuana prohibition against individuals and businesses complying with state laws regarding marijuana. “Our company relied on the Cole Memo and the supplementary Treasury Department guidance in our company’s business strategy,” Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated in the news release. “We also rely on the protections of the Rohrabacher-Farr Amendment. We believe that while the Cole Memo…

ThursdayJan 04, 2018 1:49 pm

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Launches Cure for Cannabis Industry’s Banking Blues

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced the launch of Green, its best-in-class payment system for state-sanctioned cannabis. Previously called StateSourced, Green allows state-licensed cannabis establishments to electronically transact payments and complete sales with just a few clicks. “What we’re launching is the very literal cure for the banking nightmare cannabis establishments face,” Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated in the news release. “This checks every box, from regulatory compliance, security, affordability, ease of use, integration—you name it, we’ve responded… This doesn’t function like a merchant account, it is one. And…

WednesdayDec 27, 2017 1:24 pm

Medical Cannabis Payment Solutions (REFG) Prepares Seamless Transition for Payment Processing to Support Card Participation in Marijuana Industry

If Visa and MasterCard (or others) choose to participate in the marijuana industry in the future, REFG plans to offer quick, full spectrum payment processing REFG’s StateSourced payment gateway is Financial Crimes Enforcement Network (FinCEN) compliant Medical marijuana sales will grow to $13.3 billion by 2020, and adult recreational marijuana sales are expected to reach $11.2 billion by 2020, according to Forbes Medical Cannabis Payment Solutions (OTC: REFG) is ready for the future with a seamless transition in the event that Visa or MasterCard (or others) choose to participate in the marijuana industry. In the event of a transition, full…

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