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A step by step guide to setting up your medical cannabis merchant account
First and foremost, you need to know that when you set up your merchant account you will be in a high risk account. Don’t be too afraid of that. Most of the nation’s accounts with the merchant’s...
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Breaking the Taboo: How to Get the Right Medical Marijuana Merchant Account
Getting a merchant account for your medical marijuana dispensary business has been an issue for growers and sellers of the past. Not anymore. Just search online for a merchant account for medical...
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Is your bank unsure if they can do business with your Medical Marijuana...
Even though, it is perfectly legal to sell online medical marijuana for dispensaries in 18 states of the 50, federal laws are still against the use of marijuana even for medical use. The confusion...
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How to finance your medical marijuana business
With more and more states emerging as potential cannabis markets, many entrepreneurs are now interested in starting their own medical marijuana business. As the industry is growing rapidly, many new...
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Marijuana Sales Set to Grow Five Fold in Five Years
The marijuana business factbook has released data that alleges that the marijuana industry is set to boom. It published figures that purport an increase of five-fold in a five year time frame. This...
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Traditional Payment Processing Services Freeze Out Medical Marijuana Merchant...
Medical marijuana is legal in 17 states and in the District of Columbia. However, federal law does not recognize marijuana dispensaries as legal operations. As a result, medical marijuana dispensaries...
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Cannabis Cooperative Gives New Hope to the Industry
The creation of cannabis co-operatives by state lawmakers may never have a chance to get off of the ground. The state of Colorado recently approved a plan that is meant to help marijuana stores deal...
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Cannabis Payment Processing in Demand as Big Tobacco Prepares to Enter...
A recent report by the Milbank Quarterly states that big tobacco and other major players in the food and beverage industries, are poised to enter the emerging cannabis market. “Policymakers and public...
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Marijuana Merchant Accounts in Limbo as Health Canada Struggles to Process...
Health Canada is in a bind. The department responsible for overseeing the processing of medical marijuana applications has received 858 of them as of May 2014, and new applications are coming in at a...
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Dispensaries are teaming up with Hospitals and Universities
Medical marijuana dispensaries are gearing up to team with hospitals and universities, in areas where medical marijuana is legal. This is fantastic for patients who would rather rely on the natural...
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