Medical Cannabis Payment Solutions (REFG) Empowers Clients, Consumers with Cannabis Payment Solutions

  • First-tier merchant processing, state-of-the-art system tracks sales and tax collections
  • StateSourced payment technology offers real-world solutions to industry banking dilemma
  • Integrated cryptocurrency payment solution offers additional options
  • An estimated $20.2 billion in legal marijuana retail sales projected by 2021

Medical Cannabis Payment Solutions (OTC: REFG), based in Cheyenne, Wyoming, is a pioneer in the cannabis payment solutions arena with its proprietary merchant processing system. Fully compliant with the federal government’s anti-money laundering regulations, the company serves up an alternative payment solution that empowers businesses by tracking sales and tax collection, freeing consumers and retailers from a dependence on cash-only transactions.

Through its subsidiary StateSourced, Medical Cannabis Payment Solutions is bringing to market the first and only first-tier merchant processing system of its kind that answers a vexing question facing anyone involved in the rapidly evolving cannabis industry: How to pay for a product that the federal government still classifies as a Schedule 1 substance under the Controlled Substances Act of 1970? Banks and other financial institutions are loath to get involved in an industry…

Read More >>

More from CannabisNewsWire

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net

Leave a Reply