Medical Cannabis Payment Solutions (REFG) Benefits as Cannabis is Legalized in More US States; Legislators Eye Federal Approval Bills in 2019

November 7, 2018 11:41:52
  • A total of 31 states plus D.C. have legalized medical marijuana, and nine states and D.C. have legalized recreational marijuana in the U.S.; recreational marijuana is now legal across Canada
  • Legislators predict in a presentation at George Washington University that bills to legalize marijuana nationally will be introduced in Congress in 2019
  • REFG would benefit from cannabis legislation as a payment processor within the industry with its Green digital processing system and as owner of a licensed hemp grower/processor

Medical Cannabis Payment Solutions (OTC: REFG) stand to gain if the predictions of two legislators that federal cannabis legalization bills will be passed in Congress in 2019 are correct. The Congressmen said at a session of the Cannabis Law Institute, hosted by The National Cannabis Bar Association, at George Washington University, that legislation to legalize cannabis nationally is anticipated next year no matter which party controls Congress (http://nnw.fm/Ps2Ms).

REFG would benefit from such a move, because it is well entrenched in the cannabis industry. It offers Green, a cashless processing system, and maintains ownership of SpeedyGrow, a Wyoming-based firm licensed to grow and process hemp in…

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