Medical Cannabis Payment Solutions, Inc. (OTC Pink: REFG) is engaged as a provider of compliant financial services solutions to cannabis companies operating in states where some form of marijuana is legal, either or both recreational and medical cannabis. Shares of the cannabis financial services provider climbed 48.76%, during trading on Tuesday, March 26, 2019. Over the past month, Medical Cannabis Payment Solutions has seen average daily volume of 466,647 shares. However, volume of 3.41 million shares or dollar volume of $81,669, exchanged hands during trading on Tuesday.
Shares of Medical Cannabis Payment Solutions jumped on Tuesday, after the company announced that it has entered into an agreement with DeltaNevada, a Nevada-based investment management company that has recently entered the CBD extraction and processing industry. Under the agreement Medical Cannabis Payment Solutions will provide its financial services platform and solutions to help process payments and deposits for DeltaNevada. Here is the full press release detailing of the agreement:
Medical Cannabis Payment Solutions, Inc. Press Release:
LAS VEGAS, NV / ACCESSWIRE / March 26, 2019 / Medical Cannabis Payment Solutions (OTC PINK: REFG), a leading provider of regulatory-compliant financial services for state-sanctioned marijuana, today announced that it has entered into an agreement with DeltaNevada, a Nevada investment and management company that has entered the CBD extraction and processing space, to provide its platform and services to process payments and to provide depository services.
”The entire industry has been plagued with problems getting financial services, to the point that many think they’re not available, or if they are, they’re simply too expensive,” said DeltaNevada, ”By entering into this agreement, we recognize compliant, affordable, secure and domestic payment processing is available. This is the solution we’ve been looking for.”
”We are delighted to introduce Medical Cannabis Payment Solutions’ expanded financial product offering, supported by Go!, to DeltaNevada and their clients. We look forward to being of service to them and their customers,” said Jeremy Roberts, the company’s CEO. ” The customers will have access to fast and reliable electronic payments with the resources and security of Go! as a solution specializing in compliant state-sanctioned payments.”
About Medical Cannabis Payment Solutions
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 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.paywithgo.com.
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.
Source: SpotLight Growth Canabis
Medical Cannabis Payment Solutions, Inc. (OTC Pink: REFG) Climbs 49% After Entering Into Processing and Banking Agreement With DeltaNevada
SpotLight Growth Canabis