Medical Cannabis Payment Solutions Secures $500,000 Strategic Investment
28 August 2014 - 3:00PM
Business Wire
Medical Cannabis Payment Solutions (OTC Bulletin Board, REFG), a
leader in technological solutions for the medical cannabis
industry, today announced a $500,000 strategic investment, which
includes a stock purchase. The investment is a significant
endorsement of Medical Cannabis Payment Solutions’ strategy to grow
its payment business and other horizontal markets.
"Medical Cannabis Payment Solutions is a respected industry
player, which is why this investment is a great validation of our
strategy," said Jeremy Roberts, Medical Cannabis Payment Solutions
CEO. "The additional funds will be instrumental in providing the
liquidity we need for marketing and revenue growth. But the
endorsement is just as important."
"With our fully developed and fully deployable solutions, we are
excited to have the resources necessary to take Medical Cannabis
and its products to market," said Tyler Young, CTO of Medical
Cannabis Payment Solutions.
About Medical Cannabis Payment Systems, Inc.
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 catered 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.refg.co
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, Inc. to be materially
different from the statements made herein.
Corporate Medical Cannabis Payment Systems, Inc. Jeremy Roberts
702-706-7011
Jeremy@refg.co
www.refg.co
Medical Cannabis Payment Systems, Inc.Jeremy Roberts,
702-706-7011Jeremy@refg.cowww.refg.co
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