Medical Cannabis Payment Solutions (REFG) CEO Confident About Utah Cannabis Bill Success

  • Proposed legislation would be more moderate than a current legalization initiative but allow more concessions than a more conservative bill submitted this season
  • Jeremy Roberts is confident the yet undrafted bill will be ready for consistent debate before the end of the current legislative session on March 8
  • Cannabis is illegal in Utah, with only one exception: non-psychoactive medical CBD oil extract is allowed for patients suffering from severe epilepsy

A medical cannabis bill that would advocate a more moderate approach and would “bridge the gap” between two very different legalization initiatives currently underway, has every chance to be successful, according to Medical Cannabis Payment Solutions (OTC: REFG) CEO Jeremy Roberts, quoted by the Deseret News (http://cnw.fm/lEm4n). Roberts, who is also a member of the Utah Republican Party, discussed the matter with Rep. Lee Perry, who is planning on coming up with a “workable medical marijuana program in the state.” While the bill has not yet been formally drafted, with Perry still gathering input on language and contents, Roberts is confident that the initiative will be ready in time to be debated before the end of the legislative session on March 8.

Leveraging his experience as CEO of a merchant processing pioneer in the medical cannabis industry, Roberts said he met with several interested lawmakers in recent months to discuss what would be…

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