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Medical Cannabis Payment Solutions Comments on IRS Fines for Cannabis Businesses

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LAS VEGAS--(BUSINESS WIRE)--Medical Cannabis Payment Solutions (OTC Bulletin Board, REFG), a leader in technological solutions for the medical cannabis industry, commented today on the recent tax court challenge to the Internal Revenue Service practice of assessing a 10 percent penalty on federal employee withholding taxes paid in cash. "Medical cannabis businesses unable to access banking services are effectively forced into this situation," said Sean Hullinger, chief legal officer for Medical Reported by Business Wire 7 hours ago.

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