SureTrader
Interactive Brokers Advertisement
Home > Boards > US OTC > Cannabis > Medical Cannabis Payment Solutions (REFG)

Here you go. System in place in Las

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
I-Man Member Profile
 
Followed By 27
Posts 3,169
Boards Moderated 0
Alias Born 12/05/07
160x600 placeholder
I-Man   Friday, 08/25/17 07:52:31 AM
Re: @MomoPicks post# 1262
Post # of 1280 
Here you go. System in place in Las Vegas.. Revenue generation begins.

>>>>>>>>>>>>>>>>>>>>>>>>>

Medical Cannabis Payment Solutions Announces First Payment Processing Customer

6:00 am ET August 24, 2017 (Globe Newswire)
Medical Cannabis Payment Solutions (OTC - REFG), a state-of-the-art merchant processing and financial services provider to state-sanctioned cannabis, today announced a contract with a vertically integrated marijuana establishment in Las Vegas, its first customer for its closed-loop banking and payment processing solution, StateSourced.

"We've completed our transition from development stage to revenue stage," said Jeremy Roberts, CEO of Medical Cannabis Payment Solutions. "We have just started our business development efforts and the market is responding very well. We anticipate having many more, similar releases."

During the initial installation and integration period, the client has asked Medical Cannabis Payment Solutions to wait to disclose their name, "They'd like to avoid having customers rush to use a system that isn't quite deployed in each of their locations," added Roberts. The client has a Nevada license for cultivation, production and a dispensary.

"We are very pleased to have secured our first contract," stated Mr. Roberts. "The industry wants the type of security, simplicity and compliance we offer. We're excited to be the solution to their concerns. When customers are made aware of our ability to comply with FINCEN, avoid the problems spelled out in the Cole Memo, they're telling us there isn't an alternative; we're it."


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist