Cannabis

Cannabis, also known as marijuana among other names, is a psychoactive drug from the Cannabis plant used primarily for medical or recreational purposes.

Source: en.wikipedia.org

POSaBIT Rolls Out Mobile POS For Cannabis Merchants
POSaBIT Rolls Out Mobile POS For Cannabis Merchants
July 30, 2019  |  Innovation

FinTech firm POSaBIT is hoping to solve the problem of mobile payments for the fast-growing cannabis industry by delivering a unique blockchain-enabled payment processing and...

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Imperial Brands Moves Into Cannabis Industry
Imperial Brands Moves Into Cannabis Industry
July 26, 2019  |  Retail

Cigarette company Imperial Brands has invested in Canadian cannabis company Auxly Cannabis Group to the tune of £75m ($93.2M USD), according to a report by...

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Pro-Pot SAFE Banking Act Hits Roadblock In US Senate
Pro-Pot SAFE Banking Act Hits Roadblock In US Senate
July 23, 2019  |  Bank Regulation

Among the main stories in payments in recent months has been the increasing push to reform federal banking laws so that legal cannabis retailers can...

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FDA Warns Curaleaf About Unproven CBD Health Claims 
FDA Warns Curaleaf About Unproven CBD Health Claims 
July 23, 2019  |  Regulation

The Food and Drug Administration (FDA) has written a letter to Curaleaf regarding its alleged illegal selling of CBD products and its use of “unsubstantiated...

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Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs
Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs
July 21, 2019  |  Payment Methods

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging...

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Curaleaf To Acquire GR Companies To Create World’s Largest Cannabis Co.
Curaleaf To Acquire GR Companies To Create World’s Largest Cannabis Co.
July 18, 2019  |  Retail

Cannabis operator Curaleaf Holdings has announced it will acquire GR Companies (“Grassroots”), the largest private vertically integrated multi-state operator, in a cash and stock deal...

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Today In Data: How Governments Are Strengthening Crypto Regulation
Today In Data: How Governments Are Strengthening Crypto Regulation
July 15, 2019  |  Today In Data

The Financial Action Task Force (FATF) recently released guidelines intended to increase the transparency of digital asset transactions, as regulators push for greater cryptocurrency oversight. In retail...

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Cannabis Firm Caliva Eyes National Growth With Jay-Z Partnership
Cannabis Firm Caliva Eyes National Growth With Jay-Z Partnership
July 15, 2019  |  Retail

In a move that is said to help the company grow across the nation, California cannabis firm Caliva has teamed up with Jay-Z. Caliva recently...

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Legal Pot Starts Pulling Its Retail Weight
Legal Pot Starts Pulling Its Retail Weight
July 12, 2019  |  Retail

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. According to...

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