Marijuana

Cannabis Businesses Find Themselves Cut Off From Banking System
Cannabis Businesses Find Themselves Cut Off From Banking System
April 02, 2024  |  Payment Methods

More than half of all Americans live in a state that has legalized marijuana. All the same, legitimate cannabis businesses still find themselves dealing with...

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Less US Cannabis Restrictions Could Ease Sector’s Fragmented Payments System
Less US Cannabis Restrictions Could Ease Sector’s Fragmented Payments System
August 30, 2023  |  Regulation

In a significant development for the cannabis industry, U.S. health officials have recommended easing restrictions on cannabis and reclassifying it as a Schedule III drug...

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Sen. Booker Sees Hope for Reform Around Banks and Cannabis
Sen. Booker Sees Hope for Reform Around Banks and Cannabis
January 30, 2023  |  Politics

Cannabis — an industry around which many digital tools have arisen — may benefit from new legislation. Seeking Alpha reported Monday (Jan. 30) that Sen....

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Marijuana Bill Introduced in Congress as Industry Readies for Growth 
Marijuana Bill Introduced in Congress as Industry Readies for Growth 
January 16, 2023  |  Investments

The first marijuana bill of the new Congress has been introduced. Cannabis stocks in the United States and Canada typically rise when legal reforms are...

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Cannabis Industry Sees Rising Demand for B2B Payments, Cash Flow and AR Services
Cannabis Industry Sees Rising Demand for B2B Payments, Cash Flow and AR Services
September 21, 2022  |  B2B Payments

It may have taken six years, but but B2B cannabis platform LeafLink just crossed the $1 billion transaction threshold as its payments solutions, like the...

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Cannabis Firms See Prices Rise Ahead of Senate Hearing on Decriminalization
Cannabis Firms See Prices Rise Ahead of Senate Hearing on Decriminalization
July 20, 2022  |  Regulation

American and Canadian cannabis companies saw their stocks rise Wednesday (July 20) ahead of a U.S. Senate hearing on possible federal marijuana decriminalization. According to...

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Cannabis Fund to Sell Crypto Tokens to Raise Capital
Cannabis Fund to Sell Crypto Tokens to Raise Capital
April 18, 2022  |  Blockchain

With crypto tokens, Global Cannabis Capital (GCC) is looking to raise more capital, Bloomberg wrote Monday (April 18). The report said the company is about...

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Cashless ATMs Mask Estimated $7B in Cannabis Transactions 
Cashless ATMs Mask Estimated $7B in Cannabis Transactions 
April 01, 2022  |  Legal

Cashless ATMs have reportedly been used to process some $7 billion in cannabis transactions, Bloomberg reported on Friday (April 1).  Legal cannabis retailers have had...

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Deep Dive: How Digital Identity Solutions Can Enable Age-Restricted Vending Machines to Satisfy Verification Requirements
Deep Dive: How Digital Identity Solutions Can Enable Age-Restricted Vending Machines to Satisfy Verification Requirements
November 24, 2021  |  Digital Identity

Unattended retail solutions have been around for decades, with vending machines carrying sodas and snacks being rolled out as cost-effective solutions to sell food and...

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