Wyoming’s Medical Cannabis Payment Solutions (OTC: REFG) has established a pioneering method of merchant processing that sustains industry businesses and is compliant with the U.S. federal government’s laws in their current state. REFG’s subsidiary StateSourced provides an alternative payment method for companies unable to work with banks in tracking sales and tax collections for cannabis-related products because of the Controlled Substance Act. An article discussing this reads: “Medical Cannabis Payment Solutions and its StateSourced specialized digital payment platform ensures full compliance with all laws affecting the cannabis industry while delivering full-spectrum merchant processing services (http://cnw.fm/tKb6U). Medical Cannabis Payment Solutions is able to offer its StateSourced card on a state-by-state basis where the card can be used in purchasing product from a legal, authorized vendor. … The company has also announced a partnership agreement with First Bitcoin Capital Corporation that will integrate First Bitcoin’s $Weed cryptocurrency with StateSourced – offering a tailored solution to the specific needs of the marijuana industry.”
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About Medical Cannabis Payment Solutions, Inc.
The company mission is to provide end-to-end management, across multiple management systems, for medicinal marijuana operations. Many medicinal marijuana companies have experienced such rapid growth that they are finding it difficult to manage all aspects of their operation. In order to become a successful and compliant medicinal marijuana operation, effective management must depend on many different systems. REFG solves the fragmentation problem by identifying tools that are important to dispensaries, and customizing those tools specifically catered to the industry. REFG strives to create awareness within the medicinal marijuana industry and to develop an environmentally friendly, economically sustainable business while increasing shareholder value. For more information, visit the company’s website at www.MedicalCannabisPaymentSolutions.com.
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