- Online bank accounts offered for state licensed medical marijuana establishments
- Green offers banking and financial processing system solutions to the cannabis industry
- The online signup of merchant clients has far exceeded expectations
Medical Cannabis Payment Solutions (OTC: REFG) is set to offer bank accounts for state licensed medical marijuana establishments. By providing online banking, REFG enables cannabis providers to address the problem of limited to no bank support due to federal regulations. “Because of our end-to end payment system, our successful government relations program, our focus on regulatory compliance, we believe we offer the nation’s only truly compliant payment and banking solution for state sanctioned marijuana,” Jeremy Roberts, CEO of REFG, stated in a news release. “We believe we are uniquely positioned to comply with all federal guidance and applicable laws and regulations” (http://nnw.fm/wF4e4). This state-of-the-art financial service is the security and management answer that the previously cash-only cannabis industry has been needing.
REFG has brought to market the Green platform, the first and only comprehensive card processing operation of its kind to serve the state-sanctioned cannabis industry. Green is a top-tier, level-one gateway payment processing system that tracks sales and taxes, eliminates cash-only transactions and…
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