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) Managing Supply and Demand from Seed to Sale

  • Mobile hemp and CBD extraction labs anticipated to deploy later this month
  • Green continues to update to FinCEN-compliance in real-time, providing dispensaries with options previously unavailable
  • Local news station in Grand Junction, Colorado, featured company’s efforts in CBD extraction and provided tour of facility

Medical Cannabis Payment Solutions (OTC: REFG), known for its state-of-the-art Green FinCEN-compliant processing system, is working from the ground up to serve the cannabis industry. The company has expanded its services to participate within the hemp and cannabis industries at strategic levels. This includes providing a proprietary, organic soil nutrient and mobile CBD extraction labs to hemp farms owned and operated by the company, as well as continuing to strengthen the Green platform, providing dispensaries with cash-free options. By managing supply and demand from seed to sale, REFG is gaining a competitive edge in the industry.

In May the company acquired SpeedyGrow, a Wyoming corporation licensed to grow and process hemp in the state of Colorado, and SpeedyVeg, a proprietary, organic soil nutrient with specific benefit to growing healthy plants and maximizing yield. KREX, a CBS-affiliated television station in Grand Junction, Colorado, ran a story that featured SpeedyGrow’s efforts in CBD extraction. The news segment provided a small tour of the Colorado facility (http://nnw.fm/z1pcJ).

Though REFG was not initially looking to this space, CEO Jeremy Roberts stated in a news release (http://nnw.fm/9Chai), “After careful consideration, the opportunity to expand our footprint in the state-sanctioned cannabis space was too good of an opportunity for our shareholders to pass up.” REFG is also applying for state licenses to grow industrial hemp in Utah and Vermont and has reached an agreement with a subsidiary of Paper Lantern, LLC to acquire rights to operate mobile hemp and CBD extraction labs. REFG anticipates deploying the units later this month for the October 2018 harvest.

REFG strives to create industry awareness and to develop a business that increases shareholder value while being economically sustainable and environmentally friendly.

At its core the company is focused on Green, the first and only comprehensive card processing operation of its kind. Merchant clients can now sign-up at Take.Green for this comprehensive card processing payment and client/transaction management solution. The platform allows dispensaries to take electronic payments and deposit cash securely while remaining FinCEN compliant in real-time.

Green empowers businesses by tracking sales and tax collection, provides cash alternative options for consumers and retailers and is compatible with most existing merchant accounts and point of sale systems. The company works with its clients to quickly and efficiently integrate Green into the existing systems. New customer set up is quick and easy, and branded REFG cards are available at no extra cost. Customers can use these cards at any dispensary that accepts Green but will have a customized reminder of their local dispensary.

REFG is strategically placed throughout the cannabis industry, from seed to sale, to capitalize on the widespread legalization of cannabis. The company is well-positioned to be an industry leader in this rapidly-growing market.

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.

To receive instant SMS alerts, text STOCKS to 77948

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

Contact us: 212.418.1217