- Providing
first and only comprehensive card processing operation in the cannabis
industry
- Diversifying
commitment beyond a payment solution and increasing shareholder value from
seed to sale
- Expanding
and strengthening advisory board to achieve corporate objectives
The expedited growth and demand of legal marijuana
operations has made it difficult for dispensaries to manage all aspects of
their operations. There are many moving parts that go into remaining compliant
with FinCEN and the Cole Memo, maintaining safety in the handling of funds for
a traditionally cash only industry and managing customer satisfaction and
quality control.
Medical Cannabis Payment Solutions (OTC: REFG) is providing
clients an end-to-end management system called Green. Merchant clients can
register online for a total banking solution for cannabis-related businesses.
Green is one of the first and only comprehensive card processing operations of
its kind to serve the state-sanctioned medical marijuana industry. This
state-of-the-art system takes payment directly from customers, tracks sales and
tax collection, pays bills and payroll, eliminates cash-only transactions,
integrates ecommerce shopping carts for online orders and more. The Green
platform also provides online bank accounts to help cannabis providers deal
with the problem of limited or no bank support due to federal regulations that
are still in place. Green is at the core of REFG as it seeks to assist merchant
clients in economically sustainable business.
The company has diversified its commitment to the cannabis
industry beyond Green and increased shareholder value through involvement in
every step of quality control, from seed to sale. REFG has expanded its
footprint and value within the cannabis industry through the acquisition of new
strands, land for cultivation, a proprietary organic growth accelerator, the
deployment of mobile hemp CBD extraction labs and a continued commitment to the
Green cashless payment solution.
After careful consideration, REFG first chose to expand its
footprint in the state-sanctioned cannabis space through the acquisition of
SpeedyGrow, a Wyoming corporation with licenses to grow and process hemp in
Colorado. This acquisition included two marijuana strains and SpeedyVeg, an
organic soil nutrient blend combining over 70 trace minerals to accelerate growth,
maximize yield and produce healthy plants (http://ibn.fm/nbyhU). Since acquiring SpeedyGrow and
beginning cultivation in Colorado, REFG has announced plans to grow industrial
hemp in Vermont and expand into Utah (http://ibn.fm/JoXwA).
The deployment of mobile hemp CBD extraction labs, through
an agreement made with a subsidiary of Paper Lantern LLC, will provide a
competitive edge in the industry to hemp farms owned and operated by REFG, as
well as farms that have entered into processing agreements with the company.
These mobile labs offer economic benefit through the elimination of redundant
layered costs, added convenience, improved processing efficiency and enhanced
quality control, as well as an environmentally friendly reduction in energy
consumption (http://ibn.fm/EmUSK).
REFG is expanding and strengthening its advisory board as it
continues on the strategic direction of diversifying within the cannabis
industry. Mike Haridopolos, former president of the Florida State Senate, and
James Gray, former U.S. vice presidential candidate on the Libertarian ticket
and mayor of Lexington, Kentucky, have joined REFG’s advisory board. The
addition of prominent political figures working toward the legalization of
marijuana will only help to expand the company’s footprint and advance its
corporate objectives (http://ibn.fm/DtCKe).
For more information, visit the company’s website at www.Take.Green
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QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
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Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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