Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) today announced that it has acquired SpeedyGrow, a Wyoming corporation with licenses to grow and process hemp in the state of Colorado. SpeedyGrow focuses primarily on the extraction of full spectrum CBD. Per the update, REFG has also acquired SpeedyVeg, a proprietary, organic soil nutrient with specific benefit to growing healthy plants and maximizing yield. “We weren’t initially anticipating entering this space,” Jeremy Roberts, CEO of REFG, stated in the news release. “But 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… This acquisition is yet another revenue stream for our investors.”
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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.Take.green
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