Medical Cannabis Payment Solutions (OTC: REFG) is on a mission to solve the cannabis industry’s lack of secure payment options. The cannabis-focused financial services company has created an end-to-end payment processing solution to serve both industry retailers and their customers. An article discussing the company reads: “A multi-billion dollar cash business invites headaches and trouble. Tax collection, payroll problems, bill payment, assaults and armed robbery all plague an industry that’s expected to exceed $37 billion in the U.S. by 2024. No other industry of this size suffers through such operational and logistical nightmares. …To solve these complex issues, Medical Cannabis Payment Solutions (OTC: REFG) has created the first purpose-built solution to cannabis banking that solves cash handling issues, offers electronic payment and e-commerce features and gives marijuana businesses immediate access to funds while keeping them in compliance with all federal (FinCEN) laws to combat domestic and international money laundering, terrorist financing and other financial crimes. Not only compliant, REFG’s end-to-end payment processing solution finally provides cannabis customers and retailers with high-function payment options other than cash.”
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About Medical Cannabis Payment Solutions
Medical Cannabis Payment Solutions engages in providing 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. The company 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.REFG.co.
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