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 (

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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