Wyoming’s Medical Cannabis Payment Solutions (OTC: REFG) has established a pioneering method of merchant processing that sustains industry businesses and is compliant with the U.S. federal government’s laws in their current state. REFG’s subsidiary StateSourced provides an alternative payment method for companies unable to work with banks in tracking sales and tax collections for cannabis-related products because of the Controlled Substance Act. An article discussing this reads: “Medical Cannabis Payment Solutions and its StateSourced specialized digital payment platform ensures full compliance with all laws affecting the cannabis industry while delivering full-spectrum merchant processing services (http://cnw.fm/tKb6U). Medical Cannabis Payment Solutions is able to offer its StateSourced card on a state-by-state basis where the card can be used in purchasing product from a legal, authorized vendor. … The company has also announced a partnership agreement with First Bitcoin Capital Corporation that will integrate First Bitcoin’s $Weed cryptocurrency with StateSourced – offering a tailored solution to the specific needs of the marijuana industry.”
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Medical Cannabis Payment Solutions (REFG) Offers Cashflow Alternatives for Cannabis Industry
