LAS VEGAS--(BUSINESS WIRE)--Medical Cannabis Payment Solutions (OTC Bulletin Board, REFG), a leader in technological solutions for the medical cannabis industry, today announced a $500,000 strategic investment, which includes a stock purchase. The investment is a significant endorsement of Medical Cannabis Payment Solutions’ strategy to grow its payment business and other horizontal markets.
"Medical Cannabis Payment Solutions is a respected industry player, which is why this investment is a great validation of our strategy," said Jeremy Roberts, Medical Cannabis Payment Solutions CEO. "The additional funds will be instrumental in providing the liquidity we need for marketing and revenue growth. But the endorsement is just as important."
"With our fully developed and fully deployable solutions, we are excited to have the resources necessary to take Medical Cannabis and its products to market," said Tyler Young, CTO of Medical Cannabis Payment Solutions.
About Medical Cannabis Payment Systems, 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. 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. 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
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, Inc. to be materially different from the statements made herein.
|Medical Cannabis Payment Systems, Inc.|