Medical Cannabis Payment Solutions (REFG) Eyes State-Sanctioned CBD Extraction as Important ‘Emerging Market’ for the Company

REFG has focused its cannabis activities on seeking state licenses in Utah and Vermont to grow industrial hemp; earlier, it acquired SpeedyGrow, which is licensed to grow in Colorado Vermont is third state where REFG will seek a state license to grow industrial hemp; it acquired 40 acres in Utah and plans to buy land in Vermont, where it anticipates 2019 harvest REFG offers online signup for Green, its FinCEN-compliant integrated gateway that creates a comprehensive virtual banking environment for licensed cannabis providers

Medical Cannabis Payment Solutions (OTC: REFG) has expanded its focus on the cannabis industry and is planning to apply for its third state license to grow industrial hemp. The company says that it will apply for state licenses in Utah and Vermont after already purchasing one when it bought SpeedyGrow, a Wyoming-based firm licensed to grow and process hemp in Colorado (http://nnw.fm/7DBe7).

REFG is a Nevada corporation that has online signup for Green, its financial processing system that creates a cashless financial system for licensed dispensaries and cannabis merchants who are underserved by…

Read More>>

More from NetworkNewsWire

Zenosense, Inc. (ZENO) Reports Successful Quantitative Testing Results for MIDS Cardiac Technology Marijuana Company of America Inc. (MCOA) Developing a Vertically Integrated Hemp-Based Enterprise PowerBand Solutions, Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FSE: 1ZV) Announces Market Milestone, Continues Disruptive Plan

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More News From The Market Noise

EU preparing to hit back if US puts tariffs on car imports

Jul 20, 2018

BRUSSELS — The European Union says it is already preparing measures to retaliate against the United States if President Donald Trump puts tariffs on imported cars and auto parts. The auto industry is a big employer and exporter in Europe, and the new tariffs could hit the region hard, as well as consumers and manufacturers in the U.S., where prices would rise. EU Trade Commissioner Cecilia Malmstrom said Thursday that the 28-nation bloc would be forced to impose more "rebalancing measures" if Trump escalates existing trade tensions with the auto tariffs. U.S. tariffs on imported steel and aluminum imports took...

Ex-official facing trial recognized as refugee in Belarus

Jul 20, 2018

MINSK, Belarus — A former Ukrainian defense minister accused of embezzling $2 million has been granted refugee status in neighboring Belarus. Mykhailo Yezhel told journalists in the Belarusian capital on Wednesday that he and his family are living in Minsk. Yezhel could be sentenced to up to six years in prison if he is tried and convicted in Ukraine. He is accused of engaging in widespread corruption as defense minister from 2010-2012 under pro-Russian President Viktor Yanukovych, who was later ousted in a popular uprising. Among the specific allegations is that Yezhel stole money meant for army rations and tried...

19 dead, 25 missing as migrant boat capsizes north of Cyprus

Jul 20, 2018

NICOSIA, Cyprus — Nineteen people drowned when a boat loaded with as many as 150 people who were thought to be migrants capsized off the northern coast of Cyprus, a Turkish Cypriot official said Wednesday. Tolga Atakan, the transport minister in the breakaway north of ethnically divided Cyprus, told The Associated Press that rescue crews were searching for 25 missing passengers in an area where a passing cargo ship reported spotting people in the water. The Turkish coast guard said it rescued 103 of the capsized vessel's passengers and took them to Turkey. One seriously injured person was being treated...

EU tries to limit influx of steel diverted by US tariffs

Jul 20, 2018

BRUSSELS — The European Union has announced measures to shield its market from a glut of steel heading to the continent after the U.S. imposed tariffs on imports of the metal. The Trump administration put tariffs this year on steel and aluminum from several countries, including the 28 of the EU. The EU now fears that steel from around the world that would have gone to the U.S. will be diverted to the EU, swamping its market. EU Trade Commissioner Cecilia Malmstrom said that "we are left with no other choice than to introduce provisional safeguard measures to protect our...

EU, US relations sinking further after divisive Trump tour

Jul 20, 2018

BRUSSELS — After a week of the worst barrage of insults yet from U.S. President Donald Trump, the European Union is looking westward toward the White House less and less. Making it worse, Trump spent Monday cozying up to EU adversary Vladimir Putin in an extraordinary chummy summit with the Russian leader in Helsinki. Never mind. In an age when Trump has made political optics all-important, on Tuesday the EU struck back. Key EU leaders were in the far east in Japan and China looking for the trust, friendship and cooperation they could no longer get from a century-old ally....

Sign up now!