- REFG is seeking state licenses in Utah and Vermont to grow industrial hemp after earlier acquiring SpeedyGrow, which is licensed to grow in Colorado
- Research firm projects that cannabis market in North America will surge this year due to greater adult use sales in Canada, California and Massachusetts, as well as medical sales in Florida
- REFG reaches agreement in principle to acquire rights to establish mobile hemp CBD extraction labs; company also offers FinCEN compliant Green processing for cannabis industry
Medical Cannabis Payment Solutions (OTC: REFG) is intensifying its focus on cannabis as research firm Arcview Market Research projects that the growth of the legal cannabis industry will re-accelerate in 2018 in North America as adult use sales grow in Canada, California and Massachusetts, along with first time medical cannabis sales in Florida (http://nnw.fm/tS8xp).
A report published by Arcview Market Research, in partnership with BDS Analytics, forecasts that adult-use cannabis spending will reach $38.3 billion over the next 10 years, while medical spending will reach…
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