Medical Cannabis Payment Solutions (REFG) has a mission to create and provide medical cannabis consumers with management across many systems. Their first system is one that created a solution to the problem that cannabis retailers face with their banking and finance processing.
The payment processing solution for the Cannabis industry has arrived in the form of REFG’s FinCEN compliant payment processor named Green. The payment platform has moved from development stage, government relations, and now to the revenue stage. In this final stage the company now has Green ready to allow consumers to conduct payments with USD and in the future will allow the use of Bitcoin on the platform.
It only took the company a few months from the announcement last Decemberfor the company to announce that, today, state licensed cannabis storefronts can now sign up on their newly designed website.
The company seeks to bring their services to the cannabis industry and create an increase in value to REFG stock.
With the news of the launch hitting headlines hours before market open; REFGstock opened to a $0.01 increase per share price. The stock would then go on to hit a high of $0.0411 and then continued to drop and hold around $0.038 and where the stock currently trades at $0.039, a 20.62% increase in value.