Medical Cannabis Payment Solutions (REFG)

[doogdilinger]

Rig rocks \m/ Glad you had a great day...talk further tomorrow!

[the third leg]

Sorry man for the late reply, was having some fun outside of trading today. Great to see you here, fantastic opportunity IMO
I've been here quite a while and still hold 100% of my position with full confidence
My friend Rig sent this my way and I'm thankful, did my dd and been happy since

REFG

[doogdilinger]

Nice article>>> https://www.networknewswire.com/medical-cannabis-payment-solutions-refg-integrates-cryptocurrency-payment-options/

[doogdilinger]

Sweeeeeeeeeeeeet chart thnx georgie

[doogdilinger]

Grabbed a starter today third buddy have a great eve:)

[NetworkNewsWire]

REFG Integrates Cryptocurrency Payment Options

- The rapid growth of the legal cannabis industry has increased the need for tailored and comprehensive payment solutions for dispensaries and other retailers in the field.
- Medical Cannabis Payment Solutions partnered up with First Bitcoin Capital Corporation to enable cryptocurrency payments.
- The company has also launched its specialized digital payment platform for dispensaries that ensures full compliance and delivers full-spectrum merchant processing services.

Medical Cannabis Payment Solutions (OTC: REFG) announced that it will integrate First Bitcoin cryptocurrency (“$Weed”) with its StateSourced medical cannabis payment gateway service. The announcement came in November, following a partnership agreement between Medical Cannabis Payment Solutions and First Bitcoin Capital Corporation (OTC: BITCF).

Medical Cannabis Payment Solutions is an industry leader in the field of payment processing for the marijuana industry. Currently, no other company on the market offers a completely integrated payment processing system that’s entirely tailored to the needs of marijuana industry representatives. The company helps rapidly growing businesses in the field by identifying tools that dispensaries need the most and customizing these tools to address the operational specifics in the field.

The partnerships with First Bitcoin Capital Corporation is yet another move in the same direction. Through the collaboration, dispensaries and other companies that work in the marijuana industry will gain another opportunity for payment processing. They will work with both debit cards and prominent cryptocurrencies like $Weed and the well-known bitcoin.

Medical Cannabis Payment Solutions and First Bitcoin Capital Corporation signed a partnership agreement on November 8, 2017. The aim of the agreement is to revolutionize end-to-end compliance solutions. Upon the complete realization of the new project, a platform will be launched to deploy an exchange system. Because of the growing cannabis industry, more flexibility is required in terms of payment processing. The addition of a decentralized cryptocurrency provides an easy opportunity for non-cash payments to be made.

According to Medical Cannabis Payment Solutions representatives, the partnership will enable consumers to overcome many of the regulatory obstacles in the industry. As a part of the project execution, the company has announced that it will buy a block of $Weed in return for a block of REFG restricted common stock.

First Bitcoin Capital Corporation CEO Greg Rubin said that America is shaping up to be one of the world’s biggest marketplaces for the products of the cannabis industry. The partnership with Medical Cannabis Payment Solutions can potentially revolutionize compliance products and the processing of payments in the field.

America’s medical cannabis industry is expected to grow at double digit rates in the years to come. According to a Bloomberg report, the compound annual growth rate will be 27 percent by 2021 (http://nnw.fm/i68BG). In 2016 alone, consumers spent 6.7 billion dollars on legalized weed products. The increase is 34 percent on an annual basis.

By 2020, the marijuana industry is projected to create more jobs than manufacturing (http://nnw.fm/Byr7M). Medical marijuana sales are set to increase from 4.7 billion dollars in 2016 to 13.3 billion dollars 2020. Recreational sales will go up from 2.6 billion dollars in 2016 to 11.2 billion dollars in 2020.

With growing trends towards widespread legalization, Medical Cannabis Payment Solutions announced the launch of the first in-market digital payment solution in November 2017. The product is specially tailored to the needs of dispensaries. The payment solution can track sales, it features encrypted digital security and allows for comprehensive client management.

For more information, visit the company’s website at www.MedicalCannabisPaymentSolutions.com

[signjack]

I put a buy in for .04 and did not get it cost me some money. Wow 10 cents coming.

[the third leg]

.06's coming
REFG

[the third leg]

Looking good longs, nice and easy, patience here will pay big IMO
REFG

[signjack]

I subject came up about the huge amount of cash in that industry. I have had 4 unauthorized grows in our buildings. One of the growers paid all cleanup and was generous with equipmemt he had. I donated to charity and took write off. He has become a buddy and he has been lamenting how hard it is to use cash to run operations. If this is viable it will be a win for government and growers and shops. He is thinking about getting a food cart to launder money or YAHOO ( You always have other options_ I just bought some and will get more. My friend has a large position. Lets hope this flies.

[PhoenixwingzZ]

Why all of the dumping

[I-Man]

10 cents !!?? What about $1.00....???

[I-Man]

News story out regarding this industry/REFG and Las Vegas going to have 40+ dispensaries now as of Black Friday going forward to sell product...

Will this clear $1.00 PPS by end of 2017....???

[NetworkNewsWire]

REFG to Provide Premiere, Comprehensive Digital Payment Solution

With growing trends toward legalization of medical and recreational use of marijuana, Medical Cannabis Payment Solutions (OTC: REFG) will provide a first-in-market digital payment solution for dispensaries. A recent article highlights the innovative system, stating, “In response to the overwhelming need to have a private encrypted digital solution to serve the rapidly growing legal marijuana industry, Medical Cannabis Payment Solutions, through subsidiary StateSourced, is bringing to market the first and only first-tier merchant processing operation of its kind. The company is offering a comprehensive structure which tracks sales and tax collection and empowers businesses with an outstanding state-of-the-art client management system. Medical Cannabis Payment Solutions, which expects its first sales soon, will earn revenue by charging transaction fees of up to 5% for all financial transactions. Management believes that, currently, no other company offers a comparable completely integrated closed loop first-tier processing system for cannabis transactions. The company’s unique selling proposition is likely to be welcomed by dispensaries as the trend toward legalization of medical and recreational marijuana strengthens.”

To view the full article, visit http://nnw.fm/U2HYp

About Medical Cannabis Payment Solutions, Inc.

The company mission is to provide end-to-end management, across multiple management systems, for medicinal marijuana operations. Many medicinal marijuana companies have experienced such rapid growth that they are finding it difficult to manage all aspects of their operation. In order to become a successful and compliant medicinal marijuana operation, effective management must depend on many different systems. REFG solves the fragmentation problem by identifying tools that are important to dispensaries, and customizing those tools specifically catered to the industry. REFG strives to create awareness within the medicinal marijuana industry and to develop an environmentally friendly, economically sustainable business while increasing shareholder value. For more information, visit the company’s website at www.MedicalCannabisPaymentSolutions.com.

[the third leg]

I'm looking for .10 by Xmas
REFG. Happy long

[csimmons3233]

Here she goes! About to take off again!

[NetworkNewsWire]

Why REFG is “One to Watch”

Anyone familiar with the legal cannabis markets knows one of the most critical bottlenecks is payment and payment processing. Medical Cannabis Payment Solutions (OTC: REFG) is intent on opening the bottleneck with its proprietary merchant processing system designed to serve the monetary demands of the state-legalized cannabis market. A recent article provides an overview of what may be the next big thing in the marijuana business. The article says that, “Medical Cannabis Payment Solutions (OTC: REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. The company’s state of the art system, which also tracks sales and tax collection, and eliminates the need to deal in cash-only transactions.”

To view the full article, visit http://nnw.fm/6KYpa

About Medical Cannabis Payment Solutions, Inc.

The company mission is to provide end-to-end management, across multiple management systems, for medicinal marijuana operations. Many medicinal marijuana companies have experienced such rapid growth that they are finding it difficult to manage all aspects of their operation. In order to become a successful and compliant medicinal marijuana operation, effective management must depend on many different systems. REFG solves the fragmentation problem by identifying tools that are important to dispensaries, and customizing those tools specifically catered to the industry. REFG strives to create awareness within the medicinal marijuana industry and to develop an environmentally friendly, economically sustainable business while increasing shareholder value. For more information, visit the company’s website at www.MedicalCannabisPaymentSolutions.com.

[abbazappaplant]

adding today. excited for the upcoming events

[stocktrademan]

REFG buy 0.0415









normal chart




log chart

[the third leg]

Would love to see .07 this week
Refg

[NetworkNewsWire]

REFG Offers Cannabis Retailers Merchant Processing They Can Bank On

- Medical marijuana now legal in 30 U.S. jurisdictions
- Comprehensive merchant processing solution dedicated to marijuana industry
- Frees customers and retailers from solely using cash

The Controlled Substances Act (CSA), signed into law by President Richard Nixon in 1970, continues to cast a baneful shadow over the liberalization landscape. In the half a century since its passage, public attitudes toward cannabis have changed. A survey conducted by the respected Pew Research Center late last year found that ‘57% of U.S. adults say the use of marijuana should be made legal’ (http://nnw.fm/b7WGU). This is up from 12% in 1969, the year before the CSA became the law of the land. However, the Food and Drug Administration (FDA), the Drug Enforcement Agency (DEA) and the Department of Justice (DOJ) continue to buck this trend. As an example, in May 2017, Attorney General Jeff Sessions wrote Congress to record his opposition to the Rohrabacher-Farr amendment, the spending rider that bars the Justice Department from interfering with the implementation of state medical marijuana laws. Consequently, cannabis is neither fish nor fowl; it’s legal in some states but simultaneously illegal by federal law. Luckily, Medical Cannabis Payment Solutions (OTC: REFG) is offering a way out of this muddle. Through its wholly owned subsidiary, StateSourced, the company provides a proprietary, closed loop system of merchant processing for marijuana enterprises. Now marijuana dispensaries will have access to the only first-tier merchant processing operation currently available.

Despite being legalized in 29 states and the District of Columbia, medical marijuana remains a Schedule 1 substance under the Controlled Substances Act of 1970. Accordingly, the members of the U.S. Federal Reserve System feel compelled to abide by the provisions of the CSA and will not charter any financial institution that serves marijuana businesses. In a seminal case late in 2015, a federal judge dismissed a lawsuit brought by the Fourth Corner Credit Union of Denver that attempted to compel the Federal Reserve to grant the credit union a ‘master account’ (http://nnw.fm/ZBX3z). The judge agreed with the motion put forward by the Fed that ‘even transporting or transmitting funds known to have been derived from the distribution of marijuana is illegal’ and that, unlike federal prosecutors who might not enforce the law if financial institutions observed certain guidelines for dealing with the marijuana industry, a court could not ‘look the other way’.

The morass resulting from the conflict between federal and state rules has created problems for the states that have legalized cannabis use, including difficulties collecting tax revenue, increased risk of serious crime, and the inability of a newly legal industry under state law to effectively engage in banking and commerce. However, Medical Cannabis Payment Solutions, which, since May 2013, has been focused on developing ancillary services for the marijuana industry, is now offering a robust, instrumental, closed loop merchant processing system.

In response to the overwhelming need to have a private encrypted digital solution to serve the rapidly growing legal marijuana industry, Medical Cannabis Payment Solutions, through subsidiary StateSourced, is bringing to market the first and only first-tier merchant processing operation of its kind. The company is offering a comprehensive structure which tracks sales and tax collection and empowers businesses with an outstanding state-of-the-art client management system. Medical Cannabis Payment Solutions, which expects its first sales soon, will earn revenue by charging transaction fees of up to 5% for all financial transactions. Management believes that, currently, no other company offers a comparable completely integrated closed loop first-tier processing system for cannabis transactions. The company’s unique selling proposition is likely to be welcomed by dispensaries as the trend toward legalization of medical and recreational marijuana strengthens.

For more information, visit the company’s website at www.MedicalCannabisPaymentSolutions.com

[@MomoPicks]

Well looks like I was right. I’ll remember what names were saying sell sell below .03 lol easy money here

[the third leg]

Just keeps on getting better here! Thankyou REFG

[abbazappaplant]

full 1 cent move possible today! This is looking incredibly strong at the moment.

[the third leg]

Nice start longs
Refg

[abbazappaplant]

200ma break this week sends this up up and away! I don't think we'll see a "fast" move, but let's look at one thing here...

OTC is starving and wants a big runner.

Small share structure here, only payment processor for the multi-billion dollar industry. Current. Company has news to release.

This has all the catalysts for a big run. If you're in already, be happy this could see a large move by the end of November.

[NetworkNewsWire]

REFG is “One to Watch”

- Pioneered comprehensive card processing payment operation dedicated to medical marijuana industry
- Proprietary merchant processing system serves demands of the legal $6 billion cannabis market
- Alternative payment solution empowers businesses by tracking sales and tax collection, frees consumers and retailers from solely using cash
- Fully compliant with FinCEN’s anti-money laundering efforts

Medical Cannabis Payment Solutions (OTC: REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. The company’s state of the art system, which also tracks sales and tax collection, and eliminates the need to deal in cash-only transactions.

Through its robust, closed-loop merchant processing system, the company’s unique “StateSourced” proprietary system enables authorized operation under FinCEN parameters and complies with all regulatory frameworks. StateSourced is tailored to deliver full-spectrum merchant processing services, providing the convenience of modern commercial card processing resources and making it the first operation of its kind geared to the legal cannabis industry.

StateSourced is not a prepaid or gift card, which is an important variable for merchants since standard banking institutions have not offered this form of payment processing to the legal cannabis industry. Federal law still considers marijuana illegal under the Controlled Substances Act, although 29 states and the District of Columbia have legalized the plant either for medicinal or recreational uses or both. This restriction has kept financial institutions at bay since most banks are federally insured and haven’t been inclined to venture into the nascent industry.

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, providing a much-needed option for consumers and businesses alike. In another first, the company is collaborating with First Bitcoin Capital Corporation to integrate First Bitcoin’s cryptocurrency ($Weed) with Medical Cannabis Payment Solutions’ StateSourced payment gateway. This collaboration will allow state-licensed marijuana establishments across the nation to accept both StateSourced debit cards and cryptocurrencies such as WeedCoin and Bitcoin.

Medical Cannabis Payment Solutions president and CEO Jeremy Roberts and his executive team are working with state lawmakers to introduce legislation in an effort to address the growing problems in banking for the medical cannabis industry. For companies in the emerging legal cannabis industry, where retail and non-retail transactions such as vendor payments and payroll are almost exclusively paid for with cash, the solutions offered by StateSourced can help businesses avoid the inherent risks associated with a cash-intensive sector. Medical Cannabis Payment Solutions has also signed its first StateSourced contract with a Las Vegas-based vertically integrated marijuana establishment.

“We’ve completed our transition from development stage to revenue stage,” says Roberts. “We have just started our business development efforts and the market is responding very well. We anticipate having many more, similar releases.”

Medical Cannabis Payment Solutions provides end-to-end management across multiple systems for medicinal marijuana operations. The company solves the fragmentation problem experienced by many of these rapidly growing companies by identifying tools that are important to dispensaries and customizing those tools to meet the specific needs of this unique industry.

For more information, visit the company’s website at www.MedicalCannabisPaymentSolutions.com

[I-Man]

They need to do better putting out SEC filings and relevant news more frequently...

[the third leg]

.065ish this week would be perfect
REFG

[bmor]

REFG looking real good. i think a dime would be real fine.

[abbazappaplant]

not much reason to sell. When you're, essentially, the only game in town and tethered to a multi-billion dollar industry... you hold! :)

[the third leg]

All I know is I'm happy being very green here and still holding
Refg

[JFXL2]

I've been watching this guy for awhile and I take my eyes off it for a week or two and bam. My TD did not show news today. I'm glad I checked Ihub. Last news was back in August on TD.

Might be time to get back in...

Cheers FX

[IPO$]

Volume up today.

[abbazappaplant]

200ma at .07 about to get hit in my opinion... maybe by tomorrow close?

[abbazappaplant]

big buys today. peeps are loading up!

[I-Man]

Can this clear $1.00 this year is the question???

[the third leg]

Another nice day here!
Refg

[the third leg]

.045 up!!
Refg

[CrazyC]

REFG - Moving on news out this morning...

http://www.otcmarkets.com/stock/REFG/news


Medical Cannabis Payment Solutions (REFG) to Purchase Industry Leading Cryptocurrency, Launch Joint Venture Aimed at Alternative Payment Solution for the Cannabis Industry

Las Vegas, Nevada (FSCwire) - Medical Cannabis Payment Solutions (OTC-REFG), the industry’s leading payment processing solution for the marijuana industry, and First Bitcoin Capital Corporation (OTC-BITCF) today announced they will work together to integrate First Bitcoin’s cryptocurrency ($Weed) with Medical Cannabis Payment Solutions’ StateSourced payment gateway. The collaboration will allow state licensed marijuana establishments across the nation to accept both StateSourced debit cards and cryptocurrencies such as WeedCoin and Bitcoin.

We are a first-tier merchant processing cannabis industry pioneer, bringing to market the first and only comprehensive card processing operation of its kind; a state-of-the-art system which tracks sales and tax collection, and empowers businesses with an advanced client management system.

The companies today signed the agreement with the goal of revolutionizing end-to-end compliance solutions for state sanctioned cannabis. StateSourced’s exclusive offering brings to market a revolutionary merchant account with advanced processing perimeters, including the capabilities and securities of accepting a traditional credit or debit card and now cryptocurrency.

The new venture, yet to be branded, intends to deploy an exchange platform that will allow marijuana establishments and industry service providers across the length and breadth of the country to access a suite of products aimed at balancing regulatory compliance with both federal and state laws. It will utilize the $WeedCoin cryptocurrency as an additional non cash payment option in the growing Cannabis Industry.

“Medical Cannabis Payment Solutions welcomes our collaboration withbetween First Bitcoin. We are pleased to team up with them in this venture which has the potential of allowing consumers real-world non cash payment solutions to the regulatory hurdles in our industry. We will provide customers a world class experience with our vast compliance distribution network, including full compliance with FinCen and the Cole memo and through the inclusion of our state of the art StateSourced payment technology,” said Jeremy Roberts, CEO of Medical Cannabis Payment Solutions.

As part of the transaction, REFG will purchase a block of $WeedCoin from Cannabis Sativa, Inc. (OTCQB-CBDS) in return for a block of REFG restricted common stock.

First Bitcoin CEO Greg Rubin said, “With an industry serving a population of approximately 175 million people in over 25 states and one of the largest growing industries in the nation, America is set to be the world’s largest marketplace for cannabis. We are excited to be teaming up with Medical Cannabis Payment Solutions, whom we feel can revolutionize the end-to-end processing of payments and compliance products. Our intent is to do that by state of the art end-to-end technology and processes.”

About Medical Cannabis Payment Solutions, Inc.

Our mission is to provide end-to-end management, across multiple management systems, for medicinal marijuana operations. Many medicinal marijuana companies have experienced such rapid growth that they are finding it difficult to manage all aspects of their operation. To become a successful and compliant marijuana operation, effective management must depend on many different systems. REFG solves the fragmentation problem by identifying tools that are important to dispensaries, and customizing those tools specifically catered to the industry. We strive to create awareness within the medicinal marijuana industry and to develop an environmentally friendly, economically sustainable business while increasing shareholder value. For more information, please visit the company's website at: www.refg.co

FORWARD-LOOKING STATEMENT

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of REFG to be materially different from the statements made herein.

CONTACT

Corporate

Medical Cannabis Payment Solutions, Inc.

Jeremy Roberts

702-706-7011

[e-mail]

www.refg.co


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/MedicalCan11082017.pdf

Source: Medical Cannabis Payment Solutions (OTC Pink:REFG)



http://www.fscwire.com/sites/default/files/styles/customer-logos-in-nr/public/REFG-OTCBB_Pink_Sheets.jpg
© Copyright © 2017 Filing Services Canada Inc.

[the third leg]

I like these gains here longs!
Refg

[abbazappaplant]

beautiful chart here. Happy to now be on board! (kicking myself for missing out on .02 last week though)

[georgie18]

REFG... .033...Chart...Macd crossed on the daily as the Psar flipped to a bullish buy position...Monthly shows a trend reversal...looking for 07 plus and a break of the 200ma...

Medical Cannabis Payment Solutions

Authorized Shares 490,000,000 a/o Jun 30, 2017
Outstanding Shares 225,592,818 a/o Jun 30, 2017
Float 139,592,818 a/o Jun 30, 2017

https://www.otcmarkets.com/financialReportViewer?symbol=REFG&id=181153

[@MomoPicks]

Big move coming.
REFG :)

[the third leg]

Looks good folks
Refg

[mgland]

They offer a solution for the Cole memo. What is the Cole memo?

http://www.nytimes.com/interactive/2013/08/30/us/politics/30justice-marijuana-memo.html

[mgland]

They offer a solution to FINCEN. What is FINCEN?

https://www.treasury.gov/about/history/Pages/fincen.aspx

[the third leg]

Starting a position here this week
REFG

[@MomoPicks]

Long REFG.. Name alone will pull in buying pressure in a few weeks. See you guys up top Q1
Buy low sell high...

[JFXL2]

Big Pharma is making out big time and yes very sickening.
Sorry about your business. Maybe back to the old stomping grounds is the way to go, especially if your business is portal..

GLK

Cheers FX