As the cannabis industry continues to grow in the United States, so does its propensity to get caught up in scams. Since it’s not federally legal, the cannabis industry is strictly a cash business. This puts an unnecessary target on their back from people looking to steal from them. As the legalization of marijuana continues[...]Read More
In March 2018, Shopify announced that they are no longer integrating with NMI gateway, which is a preferred gateway by several high-risk credit card processors, specifically processors that provide service to CBD merchants. This is a Shopify issue, not an NMI nor credit card processor issue. In addition, Shopify has been closing down a number[...]Read More
Marijuana is both recreationally and medically legal in eight states in the United States. It’s medically legal in more than a dozen other states. The state treasury in California, one of the states where it is both medically and recreationally legal, estimates that sales in 2018 will reach $7 billion making marijuana banking solutions imperative.[...]Read More
A new bill was officially presented to Congress on April 16th by the legislation’s authors Rep. Tim Walz and Rep. Phil Roe, HR5520, or the VA Medicinal Cannabis Research Act. If passed, the bill would instruct the federal agency Veterans Affairs to, “conduct and support research relating to the efficacy and safety of forms of[...]Read More
We will not sell or distribute this information to any third parties. This information will be used to submit to the specified bank for the sole purpose of obtaining a merchant account. Your information will not be stored.