A multi-state cannabis brands platform operating in Toronto has recently started a lawsuit against San Francisco-based Eaze. The latter has allegedly been engaged in fraud for credit/debit card payment processing. Are you a marijuana merchant interested in reliable and affordable… Read More »New Lawsuit Against Marijuana Giant Concerning Payment Processing Fraud
It won’t be long before federal officials penalizing banking institutions onboarding cannabis merchants will not be able to do so. This sigh of relief comes after the release of the annual spending bill by a team of Congress officials last… Read More »Funding Bill by Congress Shields Banking Institutions Onboarding Marijuana Merchants
A surprisingly large number of weed enthusiast’s dream of starting up a medical marijuana dispensary. But turning any business plans into reality calls for a thorough understanding of the costs involved in the process of application and establishment. Here are… Read More »What’s the Cost of Opening a Marijuana Dispensary?
Several states have now legalized marijuana use and consumption. If your state has legalized medical marijuana or recreational marijuana, it is still quite difficult to get a business loan. Marijuana merchants are almost universally turned down by traditional financial institutions.… Read More »FAM Provides Marijuana Business Loans
25 states in the US have already made the cannabis industry legal either for medical or recreational purposes. However, it is still illegal on the national level. Raising enough funds to start your own business is not that easy. Big… Read More »US Cannabis Industry Funding
We all knew it was coming. Banks and mainstream merchant account processors are not wanting to deal with legalized and medical marijuana merchants. These companies are prone to having a higher risk of fraudulent activity, therefore higher fees for the… Read More »Marijuana Industry is a Buzz-kill For Banks