NetworkNewsBreaks – Medical Cannabis Payment Sol
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Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it has reached an agreement in principle that will result in the nation’s largest mobile hemp CBD processing service. Per the update, the agreement, made with a subsidiary of Paper Lantern, LLC, will be finalized shortly. Through this agreement, Medical Cannabis Payment Solutions will acquire the rights to deploy groundbreaking mobile hemp CBD extraction labs, which it intends to utilize at hemp farms owned and operated by REFG, as well as those that have entered into processing agreements with the company. “Our mobile extraction partnership is another step forward in our plan to participate in the hemp and cannabis industries at strategic levels,” Jeremy Roberts, CEO of REFG, stated in the news release. “We believe the ability to manage supply and demand from seed to sale gives us a competitive edge in the marketplace… With this partnership, we are able to leverage Paper Lantern’s technologies to service our farms. And, we gain access to Paper Lantern’s business pipeline.”
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