NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Acquires State-Licensed Hemp Company

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) today announced that it has acquired SpeedyGrow, a Wyoming corporation with licenses to grow and process hemp in the state of Colorado. SpeedyGrow focuses primarily on the extraction of full spectrum CBD. Per the update, REFG has also acquired SpeedyVeg, a proprietary, organic soil nutrient with specific benefit to growing healthy plants and maximizing yield. “We weren’t initially anticipating entering this space,” Jeremy Roberts, CEO of REFG, stated in the news release. “But after careful consideration, the opportunity to expand our footprint in the state-sanctioned cannabis space was too good of an opportunity for our shareholders to pass up… This acquisition is yet another revenue stream for our investors.”

To view the full press release, visit http://nnw.fm/apDr0

About Medical Cannabis Payment Solutions

Medical Cannabis Payment Solutions engages in providing 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. The company strives to create awareness within the medicinal marijuana industry and to develop an environmentally friendly, economically sustainable business while increasing shareholder value. For more information, visit the company’s website at www.Take.green

More from NetworkNewsBreaks

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Shareholders Approve Proposed Forward Stock Split NetworkNewsBreaks – Hammer Fiber Optics Holdings Corp. (HMMR) and 1stPoint Communications Announce Launch of Mobile Network Services Provider Program NetworkNewsBreaks – Emmis Communications Corp. (NASDAQ: EMMS) Posts Fiscal Q4, Full-Year Financial Results

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

Banksy mural on garage in Wales sold but will stay in place

Jan 19, 2019

LONDON — A British art dealer says he has bought a mural stenciled by street artist Banksy on a garage wall in Wales for more than 100,000 pounds ($129,000). The artwork in Port Talbot shows a child playing in falling ash from a dumpster fire, an apparent reference to the steel town's air pollution. Security guards were hired to protect the work after it appeared in December on a steelworker's garage. John Brandler of Brandler Galleries in eastern England said Friday he has agreed that the mural will stay in place for at least two years. He said "I want...

Oxford suspends research funding from China's Huawei

Jan 19, 2019

LONDON — Oxford University says it is suspending research grants and funding donations from Huawei amid growing security concerns about the Chinese telecom giant. It's another setback for Huawei's image in Europe, an important market for the company, which has been effectively blocked in the U.S. over concerns its technology poses a cybersecurity risk. It's now facing increasing scrutiny in Europe, where it is expected it to play a major role in building new fifth-generation mobile networks. The university decided on Jan. 8 that "it will not pursue new funding opportunities" with Huawei or related companies, it said in a...

Facebook shuts hundreds of Russia-linked pages, accounts

Jan 19, 2019

LONDON — Facebook said Thursday it removed hundreds of Russia-linked pages, groups and accounts that it says were part of two big disinformation operations targeting users outside the U.S. The social media company said its latest effort to fight misinformation came after it found two networks "that engaged in coordinated inauthentic behavior" on Facebook and its Instagram service. Facebook's head of cybersecurity policy, Nathaniel Gleicher, said in a blog post that one network operated in countries in Central and Eastern Europe, the Baltics, Central Asia and the Caucasus. The other focused on Ukraine. "We didn't find any links between these...

Work on UK nuclear power plant halted over financing impasse

Jan 19, 2019

LONDON — Work on a major new nuclear power station in Britain was suspended after the developer, Japan's Hitachi, said Thursday it had been unable to agree on financing with the U.K. government. Hitachi said Thursday that it was halting work already underway on the Horizon Project, located in Wylfa, on the Welsh island of Anglesey. It will also suspend work on another site located in England. The company had been in talks with the British government for years about how it might support the project financially, including through stock and debt investments. The suspension is a blow to the...

World Economic Forum warns of impact of global tensions

Jan 19, 2019

LONDON — International tensions and nationalist politics can further weigh on the global economy this year and hinder efforts to deal with big issues such as climate change, the organizers of next week's Davos forum warned Wednesday. In its annual Global Risks Report, the World Economic Forum said the world is evolving into "a period of divergence following a period of globalization." A "darkening" economic outlook, in part fostered by geopolitical tensions between the United States and China, "looks set to further reduce the potential for international cooperation in 2019," it said. "With global trade and economic growth at risk...

Sign up now!