NetworkNewsBreaks – Medical Cannabis Payment Sol

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Fills Major Cash-free Gap in the Medical Marijuana Industry

Medical Cannabis Payment Solutions (OTC: REFG) is filling the cash-free gap that was left by banks and financial institutions reluctant to work with the medical marijuana industry. A recent article discussing the company reads: “While most banks and financial institutions are still reluctant to work with those in the medical marijuana industry, this company is excited to fill the gap. With end-to-end management, REFG is solving the fragmentation problem by identifying tools that are important to dispensaries and customizing those tools to the industry. These depository accounts represent one more step toward meeting the challenges faced in a once cash-only industry. … The difficulty lies in maintaining compliance with laws regulating federal money laundering and financial crimes. REFG provides a complete banking solution that documents every stage of transactions.”

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