Categories Uncategorized

Medical Cannabis Payment Solutions (REFG) to Offer Mobile Hemp CBD Extraction Labs

  • Company is partnering with Paper Lantern, LLC to deploy the nation’s largest mobile hemp CBD processing service
  • Strategic growth offered in the hemp and cannabis industries through diversified services
  • Green cashless payment solution platform remains at the core of REFG’s services

Medical Cannabis Payment Solutions (OTC: REFG), a company specializing in state-of-the-art financial services for the medical cannabis and banking industries, recently announced an agreement with a subsidiary of Paper Lantern, LLC that will result in the nation’s largest mobile hemp CBD processing service. The partnership leverages Paper Lantern’s technologies while expanding access to its business pipeline (http://ccw.fm/1Bja9).

These groundbreaking mobile hemp CBD extraction labs will be used at hemp farms owned and operated by REFG, as well as farms that have entered into processing agreements with the company. The labs will offer economic benefits, improved processing efficiency, reduced energy consumption and greater control over product quality, all while eliminating redundant layered costs such as transportation. Farmers and capital partners will gain the competitive edge and improved ability to manage supply and demand from seed to sale through this new venture. Plans are in place to have the mobile extraction units established in time to take advantage of the October 2018 harvest.

In a news release, Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated, “Our mobile extraction partnership is another step forward in our plan to participate in the hemp and cannabis industries at strategic levels.” The company recently announced plans to acquire land and licenses in various states through its SpeedyGrow subsidiary, further emphasizing strategic growth through diversification within the industry. REFG has expanded into Utah and Colorado with additional plans to grow industrial hemp in Vermont.

Despite the new revenue streams, the company maintains the ‘Green’ platform, a cashless payment solution ensuring FinCEN compliance, as the core of its services. Merchant clients in need of a payment processing and comprehensive banking solution can sign up online. Green is the first and only comprehensive card processing operation that tracks sales and tax collection and empowers businesses with an advanced client management system.

For more information, visit the company’s website at www.Take.Green

More from CryptoCurrencyWire

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) 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 CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW 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, CCW brings its clients unparalleled visibility, recognition and brand awareness.

CryptoCurrencyNewsWire is where News, content and information converge via Crypto.

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

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

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

Share
Published by
CryptoCurrencyWire

Recent Posts

North Korean Operatives Are Using Fake American Companies to Lure Crypto Developers

North Korean hackers have reportedly managed to create two fake companies in the U.S., slipping…

1 day ago

EU Commission Unhappy as ECB Raises Concerns about Trump’s Impact on Crypto Laws

Tensions are rising between the European Commission and the European Central Bank (ECB) over whether…

5 days ago

Could Bitcoin Be Gearing Up for a Rebound, or a Crypto Winter?

Bitcoin’s price currently sits around $83,794, slipping by 2.47% in the last 24 hours. Even…

6 days ago

China Unsure How to Deal with Seized Crypto from Criminal Actors

China is grappling with what to do about a growing stockpile of digital currencies confiscated…

1 week ago

Critics Say Trump Family is Deepening Its Crypto Interests While Promoting Deregulation

Since Donald Trump returned to the White House, his administration has taken a friendly approach…

1 week ago

Trump Signs Law to Void Expanded IRS Rule for Crypto Brokers

President Donald Trump recently signed a measure overturning a controversial IRS rule that would have…

2 weeks ago