Cannabidiol is one of the fastest growing health products in the entire world and that is even more apparent here in Canada. Ideal for treating a wide range of chronic and acute conditions, this natural health remedy can be found in corner stores, gas stations, in cannabis dispensaries, and all over the internet in various forms. So if you are interested in taking advantage of the market who is growing by billions of dollars each and every year there are a few things you need to know.
Why CBD?
CBD Credit Card Processing Companies
Cannabis dispensaries will undoubtedly already have CBD on their shelves but other varieties of shops are also starting to offer it regularly. The reason is that it’s been proven to be effective for things like: epilepsy, pain management, nerve & joint pain, anxiety, sleeplessness, appetite, skin, and other anti-oxidant properties. Talking to experts will reveal that CBD is a modern day wonder drug and it has NO side effects. You do not get stoned because it contains no THC, the psychoactive compound in marijuana.
Selling CBD
So there are a few regulations from Health Canada regarding the sales of CBD and those regulations revolve around the marketing of the products. Companies cannot make health claims or promote CBD as a remedy for any specific ailment under Canadian law. Now, we all see that it is being promoted as a cure all for many things by various companies and its for that reason this is a very large grey area. Cannabis is legalized for even recreational use and although CBD doesn’t get you high it doesn’t fall into the same realm of legality as Cannabis. This will undoubtedly change but for the time being you cannot make health claims associated with ingesting CBD.
CBD Varieties & Mode Of Ingestion
Another reason CBD has become so popular is the wide range of ways in which it can be taken. There is CBD isolate powder which is potent, colorless and tasteless and can be added to all manner of foods and drinks. CBD oil for inhalation and CBD tincture for dropping under the tongue, CBD oils and creams for hair and skin care, edibles like cookies and gummies, just to name a few. So there aren’t many limitations on how you can consume it and that means more people will find different ways they prefer to take it.
CBD Merchant Services In Canada
Accepting credit, debit, and e-check payments form customers is something that you’ll want to offer customers if you don’t already. But not every cannabis industry merchant service provider is created equal or will offer the same processing rates or time frames for direct deposit. Working with larger bank agencies means you are just a number and no one there really knows much about you, your business, or cares all that much. Working with a smaller more dedicated credit card processing firm has loads of advantages. They know who you are, they know your individual businesses needs, they know the ins and outs of the CBD industry, they area available, and they also care as smaller companies will succeed only when you succeed and will have the lowest rates as well.
Be sure to do some research into any card processing company you may be considering. For the best in CBD Credit Card Processing Companies, look no further than over a decade in the industry right here at BrotherProcessing.com Call today for a free no obligation consultation and see how we can improve your rates today.
