420 with CNW – Tech Companies Launch First Digital Payment Platform for Marijuana
Dec 19, 2019
For several years since American states started legalizing marijuana, the most significant challenge has been the issue of dealing with finance since financial institutions such as banks and credit unions were wary of conducting business with marijuana companies. This is because marijuana is classified as a Schedule 1 drug under the Controlled Substances Act, hence making it illegal.
The marijuana industry has been forced to operate on a cash basis due to a lack of access to financial institutions, and this has led to a load of challenges such as…
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