Business
Medical Cannabis Payment Solutions Secures $500,000 Strategic Investment
Medical Cannabis Payment Solutions Secures $500,000 Strategic Investment.
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 announced a $500,000 strategic investment, which includes a stock \n purchase. The investment is a significant endorsement of Medical \n Cannabis Payment Solutions’ strategy to grow its payment business and \n other horizontal markets.\n \n \n \"Medical Cannabis Payment Solutions is a respected industry player, \n which is why this investment is a great validation of our strategy,\" \n said Jeremy Roberts, Medical Cannabis Payment Solutions CEO. \"The \n additional funds will be instrumental in providing the liquidity we need \n for marketing and revenue growth. But the endorsement is just as \n important.\"\n \n \n \"With our fully developed and fully deployable solutions, we are excited \n to have the resources necessary to take Medical Cannabis and its \n products to market,\" said Tyler Young, CTO of Medical Cannabis Payment \n Solutions.\n \n \n About Medical Cannabis Payment Systems, Inc.\n \n \n Our mission is to provide end-to-end management, across multiple \n management systems, for medicinal marijuana operations. Many medicinal \n marijuana companies have experienced such rapid growth that they are \n finding it difficult to manage all aspects of their operation. In order \n to become a successful and compliant medicinal marijuana operation, \n effective management must depend on many different systems. REFG solves \n the fragmentation problem by identifying tools that are important to \n dispensaries, and customizing those tools specifically catered to the \n industry. We strive to create awareness within the medicinal marijuana \n industry and to develop an environmentally friendly, economically \n sustainable business while increasing shareholder value. For more \n information, please visit the company's website at: www.refg.co\n \n \n FORWARD-LOOKING STATEMENT\n \n \n This press release may contain certain forward-looking statements and \n information, as defined within the meaning of Section 27A of the \n Securities Act of 1933 and Section 21E of the Securities Exchange Act of \n 1934, and is subject to the Safe Harbor created by those sections. This \n material contains statements about expected future events and/or \n financial results that are forward-loo...