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 … Continue reading “Medical Cannabis Payment Solutions (REFG) Breaking the Cannabis Payment Logjam”
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 … Continue reading “CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Announces Plans to Accept Bitcoin Payments”
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 … Continue reading “CannabisNewsBreaks – 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 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 … Continue reading “CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Launches Cure for Cannabis Industry’s Banking Blues”
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 … Continue reading “Medical Cannabis Payment Solutions (REFG) Prepares Seamless Transition for Payment Processing to Support Card Participation in Marijuana Industry”
As attention grows in regard to the possibilities for a legal marketplace serving the varied needs of the medical and recreational marijuana industries, Medical Cannabis Payment Solutions (OTC: REFG) is positioning itself to compete in the industry verticals serving cannabis patients and corporate clients. An article discussing this reads: “In response to the need for … Continue reading “CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Serving Cannabis Industry with Merchant Processing Power”
Recreational and medical marijuana market in U.S. estimated to reach $37 billion by 2024 Need for payment processing solutions increases as cannabis continues march toward legalization Cryptocurrency presents a payment option, along with comprehensive card processing solutions Medical Cannabis Payment Solutions (OTC: REFG), the industry’s leading end-to-end payment processing solution for the legal marijuana industry, … Continue reading “Medical Cannabis Payment Solutions (REFG) Primed to Meet Needs of Legal Cannabis Consumers”
Medical Cannabis Payment Solutions’ (OTC: REFG) adoption of cryptocurrency (“$Weed”) through a partnership with First Bitcoin Capital Corporation (OTC: BITCF) is giving the leader in end-to-end management of marijuana industry operations a significant resource as it strives to enable legal and compliant cannabis companies with options for their success. America’s medical cannabis industry is expected … Continue reading “CannabisNewsBreaks – Cryptocurrency Integration Creates New Opportunities for Medical Cannabis Payment Solutions (REFG)”
U.S. medical and recreational marijuana sales are projected to reach $24.5 billion by 2025 REFG has pioneered a first-of-its-kind payment system tailored specifically to the underserved legal cannabis industry with planned expansion to integrate cryptocurrency payments Growth trends continue amid widespread legalization of marijuana for medical and recreational use As trends continue toward increased awareness … Continue reading “Medical Cannabis Payment Solutions (REFG) is at the Forefront of the Multi-Billion Legal Cannabis Market”
Wyoming’s Medical Cannabis Payment Solutions (OTC: REFG) has established a pioneering method of merchant processing that sustains industry businesses and is compliant with the U.S. federal government’s laws in their current state. REFG’s subsidiary StateSourced provides an alternative payment method for companies unable to work with banks in tracking sales and tax collections for cannabis-related … Continue reading “CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Offers Cashflow Alternatives for Cannabis Industry”