- Pioneered comprehensive card processing payment operation dedicated to medical marijuana industry
- Proprietary merchant processing system serves demands of the legal $6 billion cannabis market
- Alternative payment solution empowers businesses by tracking sales and tax collection, frees consumers and retailers from solely using cash
- Fully compliant with FinCEN’s anti-money laundering efforts
Medical Cannabis Payment Solutions (OTC: REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. The company’s state of the art system, which also tracks sales and tax collection, and eliminates the need to deal in cash-only transactions.
Through its robust, closed-loop merchant processing system, the company’s unique “StateSourced” proprietary system enables authorized operation under FinCEN parameters and complies with all regulatory frameworks. StateSourced is tailored to deliver full-spectrum merchant processing services, providing the convenience of modern commercial card processing resources and making it the first operation of its kind geared to the legal cannabis industry.
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