Business
Medical Cannabis Payment Solutions Issues Shareholder Letter
Medical Cannabis Payment Solutions Issues Shareholder Letter.
About this update from Medical Cannabis Payment Solutions
[{"type":"text","content":"\n \n Medical Cannabis Payment Solutions (OTC Bulletin Board, REFG), a leader \n in technological solutions for the medical cannabis industry, today \n issued an open letter to shareholders.\n \n \n Dear Fellow Shareholders:\n \n \n 2014 has been a thrilling and enjoyable year for Medical Cannabis \n Payment Solutions. I am pleased at the accomplishments we have achieved, \n and I am confident you are too.\n \n \n We have delivered strong product development performance, putting us in \n the top tier in our industry. From a standing start, we have positioned \n Medical Cannabis Payment Solutions as one of the most technologically \n advanced companies in the medical marijuana space.\n \n \n After making significant investments in research and development, our \n next generation payment processing solution, our mobile application \n platform and our seed-to-sale system are being introduced to the \n marketplace.\n \n \n Together with our advisory committee, I have been meeting with \n regulators across the country to ensure a smooth launch of our systems. \n With the benefit of former and current members of the various branches \n of government (legislative, executive and judicial), we have been able \n to open doors, satisfactorily answer questions and our products are \n anxiously anticipated.\n \n \n We have secured a $500,000 investment to fund our sales and marketing \n efforts. I believe we have the necessary financial resources, the \n perfect ensemble of professionals and an awaiting market to deliver \n strong financial performance while ensuring our performance levels can \n be sustained in the long term.\n \n \n We set a series of long-term targets, but ensured they also support our \n short-term needs. There is little debate the pace of change in the \n medical marijuana space today can be challenging. And that means we can \n never stop to congratulate ourselves on our success. To that end, we \n have identified three business imperatives on which we will focus.\n \n \n Our first imperative is to successfully launch our payment platform in \n states currently conducting legal marijuana sales. We have made enormous \n strides accomplishing this imperative and will continue to exert our \n energies here. We are confident this has the largest performance \n potential and of our products, it is the most dynamic, unique a...