Medical Cannabis Payment Solutions (REFG) Intensifies Focus on Legalized Marijuana Industry with ‘Green’ Payment Processing, Hemp Licenses

September 10, 2018 12:19:06
  • Green digital system is being offered to the entire legalized cannabis industry, providing an alternative to traditional banking; its online signup feature has triggered application growth
  • REFG is adding more licenses to grow industrial hemp; it is already licensed in Colorado, with eyes on Utah and Vermont
  • Company is adding prominent political figures to its advisory board from states where medical marijuana is legal, including New Mexico, Utah, Florida and Oregon

Medical Cannabis Payment Solutions (OTC: REFG) has expanded its presence in the legalized cannabis space from its core Green FinCEN-compliant processing system, which creates a digital and cashless way for dispensaries and other legalized merchants to do business outside of the traditional banking system. Online signup has generated more applications for Green, according to REFG (http://nnw.fm/KElm1).

REFG is expanding its role as a grower. It acquired SpeedyGrow, a Wyoming-based firm licensed to grow and process hemp in…

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