NetworkNewsWire Announces Publication on the Commitment of Medical Cannabis Payment Solutions (REFG) to Regulatory Compliance Ahead of Utah Bill

NEW YORK, Feb. 15, 2018 (GLOBE NEWSWIRE) — via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an article featuring Medical Cannabis Payment Solutions (OTC:REFG), a client of NNW committed to providing end-to-end management for medicinal marijuana operations.

The publication, titled “Medical Cannabis Payment Solutions (REFG) CEO Confident About Utah Cannabis Bill Success,” highlights potential in the state’s passing of a “workable medical marijuana program” and solutions to support it.

To view the full publication, visit: https://www.networknewswire.com/medical-cannabis-payment-solutions-refg-ceo-confident-utah-cannabis-bill-success/

A medical cannabis bill that would advocate a more moderate approach and would “bridge the gap” between two very different legalization initiatives currently underway, has every chance to be successful, according to Medical Cannabis Payment Solutions (OTC:REFG) CEO Jeremy Roberts, quoted by the Deseret News (http://nnw.fm/mThT4). Roberts, who is also a member of the Utah Republican Party, discussed the matter with Rep. Lee Perry, who is planning on coming up with a “workable medical marijuana program in the state.” While the bill has not yet been formally drafted, with Perry still gathering input on language and contents, Roberts is confident that the initiative will be ready in time to be debated before the end of the legislative session on March 8.

Lawmakers know that they need to pass a medical marijuana bill but “they haven’t been given a good option” so far, Roberts said. The Medical Cannabis Payment Solutions CEO is confident that what Perry will come up with be viewed as a better and more moderate option which the caucuses are going to love. The bill will most likely start by allowing unrestricted access to CBD oil to all patients who need it, and broad access to marijuana for terminally ill patients. Gradually, the bill will allow for higher ratios of THC to CBD for certain categories of patients, but it will most likely not allow access to the whole plant at any point, Roberts explained.

In a separate interview with Jane King of SCN Corporate Connect (http://nnw.fm/oK1eG), Roberts talked about his company’s commitment to regulatory compliance, as opposed to other companies in the industry which would rather “walk away” than put in the work to meet the federal government’s very strict guidelines and regulations. He said that part of his activity in Washington DC includes working with the authorities to show that “people actually can and are willing to comply with the regulations they put forth.”

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.REFG.co.

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

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

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