- Recreational and medical marijuana market in U.S. estimated to reach $37 billion by 2024
- Need for payment processing solutions increases as cannabis continues march toward legalization
- Cryptocurrency presents a payment option, along with comprehensive card processing solutions
Medical Cannabis Payment Solutions (OTC: REFG), the industry’s leading end-to-end payment processing solution for the legal marijuana industry, gives cannabis retailers and consumers different payment options besides bringing hard cash to the table.
The company’s unique StateSourced proprietary system offers one of the first and only comprehensive card processing operations to serve state-sanctioned marijuana industries. StateSourced is not a prepaid or gift card, which is an important distinction to merchants and clients alike since financial institutions continue to avoid the legal marijuana sector. Federal law still considers marijuana illegal under the Controlled Substances Act, although 29 states and…
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