On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Medical Cannabis Payment Solutions (REFG) to Offer Mobile Hemp CBD Extraction Labs

  • Company is partnering with Paper Lantern, LLC to deploy the nation’s largest mobile hemp CBD processing service
  • Strategic growth offered in the hemp and cannabis industries through diversified services
  • Green cashless payment solution platform remains at the core of REFG’s services

Medical Cannabis Payment Solutions (OTC: REFG), a company specializing in state-of-the-art financial services for the medical cannabis and banking industries, recently announced an agreement with a subsidiary of Paper Lantern, LLC that will result in the nation’s largest mobile hemp CBD processing service. The partnership leverages Paper Lantern’s technologies while expanding access to its business pipeline (http://nnw.fm/7OqfN).

These groundbreaking mobile hemp CBD extraction labs will be used at hemp farms owned and operated by REFG, as well as farms that have entered into processing agreements with the company. The labs will offer economic benefits, improved processing efficiency, reduced energy consumption and greater control over product quality, all while eliminating redundant layered costs such as transportation. Farmers and capital partners will gain the competitive edge and improved ability to manage supply and demand from seed to sale through this new venture. Plans are in place to have the mobile extraction units established in time to take advantage of the October 2018 harvest.

In a news release, Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated, “Our mobile extraction partnership is another step forward in our plan to participate in the hemp and cannabis industries at strategic levels.” The company recently announced plans to acquire land and licenses in various states through its SpeedyGrow subsidiary, further emphasizing strategic growth through diversification within the industry. REFG has expanded into Utah and Colorado with additional plans to grow industrial hemp in Vermont.

Despite the new revenue streams, the company maintains the ‘Green’ platform, a cashless payment solution ensuring FinCEN compliance, as the core of its services. Merchant clients in need of a payment processing and comprehensive banking solution can sign up online. Green is the first and only comprehensive card processing operation that tracks sales and tax collection and empowers businesses with an advanced client management system.

For more information, visit the company’s website at www.Take.Green

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW 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. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.networknewswire.com

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

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Archives

Select A Month

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217