QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Combats Cash-only Market Woes with The Green System
Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) has developed its Green system to fight the cash-only problem that has been obstructing the cannabis industry. The high-security transaction card can only be used for payment within a state where marijuana is legal and only for cannabis-related products from state-sanctioned vendors. An article discussing the Green system reads: “The Green system offers businesses and regulators the ability to track sales and tax collection information from the moment a buyer initiates a transaction at a vendor’s establishment and all the way through to the payment of taxes related to the…