Cannabis dispensaries face an unusual paradox: legal at the state level, illegal at the federal level. Since cannabis is still listed as a Schedule I drug under federal law, regular card networks such as Visa and Mastercard will not process transactions that clearly indicate a cannabis sale.This absence of federal...
A Complete Guide to Accepting ACH Payments for Marijuana Businesses
The marijuana industry has experienced significant growth in recent years, with more states legalizing both medical and recreational use. As the industry expands, so does the need for efficient and secure payment solutions. Accepting ACH payments, or Automated Clearing House payments, can provide marijuana businesses with a reliable and convenient...