Crackdown on cashless ATMs leaves cannabis stores scrambling
Many businesses have been using the method to get around credit card companies' block on marijuana transactions.
Source: pressherald.com
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Pot shops lose bank-card option
Marijuana shops across the United States are rushing to find alternative ways for customers to pay, after networks that supported a popular cash workaround to the banking system began to shut down last week.
Source: arkansasonline.com
Weed shops switch to cash after cashless ATM crackdown
Marijuana shops across the U.S. are rushing to find alternative ways for customers to pay after networks that supported a popular workaround to the banking system began to shut down last week.
Source: americanbanker.com
LIA tackles cannabis banking and financing challenges | Long Island Business News
The panel focused on the obstacles presented by the illegal status of cannabis on the federal level.
Source: libn.com
Will Cannabis Banking Ever be "Safe"? | Clark Hill PLC
There is cautious optimism that 2022 will be the year that federal legislation will open the door to the banking of cannabis transactions. But is the Safe Banking Act the answer? On the...
Source: jdsupra.com