PYMNTS-MonitorEdge-May-2024

Marijuana

CUs Try To Solve The Cannabis Cash Conundrum
CUs Try To Solve The Cannabis Cash Conundrum
August 12, 2019  |  Credit Unions

Pot is legal across several states, illegal nationwide, and cash still dominates transactions. But might CUs offer a salve for at least (some) banking needs? ...

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Facing Shrinking Market Share, Arizona Iced Tea Co To Sell Marijuana Products
Facing Shrinking Market Share, Arizona Iced Tea Co To Sell Marijuana Products
August 07, 2019  |  Retail

The company that makes Arizona Iced Tea is getting into the marijuana business, according to a report by The Wall Street Journal. Arizona Beverage Company...

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MTrac Launches Marijuana Payments Platform For Louisiana
MTrac Launches Marijuana Payments Platform For Louisiana
August 06, 2019  |  B2B Payments

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. As a result, the state has also entered the...

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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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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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CBD And Cannabis Industries Attract Payments And Compliance Players
CBD And Cannabis Industries Attract Payments And Compliance Players
July 01, 2019  |  Digital Payments

When it comes to the new and emerging legal cannabis industry – along with the closely related trade in CBD products – payments and compliance...

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Legal Cannabis Retail Rides A Wave Of Revenue Growth
Legal Cannabis Retail Rides A Wave Of Revenue Growth
June 20, 2019  |  Business

In a way, watching the emergence of legal retail marijuana in North America is like watching someone grow up. Not really a toddler or baby...

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Cannabis Drinks To Be On Tap In Canada This December
Cannabis Drinks To Be On Tap In Canada This December
June 18, 2019  |  Regulation

A cannabis joint venture plans to start selling different types of marijuana-infused beverages in Canada this year. The maker of Coors Light has partnered with...

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