On April 20th, the cannabis industry's biggest sales day, Dutchie, a leading cannabis point-of-sale (POS) and e-commerce platform, faced significant system failures. As dispensaries prepared for one of the year's busiest days, Dutchie's technical issues left many stores scrambling to process transactions and keep up with demand. This outage hurt individual retailers and cast a [...]
We've all seen it. Converted ambulances or ice cream trucks on city streets with big Cannabis signs, shopping menus, and pricing on pre-rolls, 1g, 3.5g, and more; for all to see. Or the CBD shops masquerading behind the scenes as a Cannabis dispensary; to the street dealers setting up booths out in the open. With [...]
The Cannabis industry is one of the most competitive new markets on earth. With legalization spreading across the USA and established in Canada, many dispensary owners face stiff competition, high operation costs, regulatory question marks, banking issues, and bad or high credit & debit card processing fees. But that is changing as owners and operators get [...]
Things are starting to look very different in the Cannabis business landscape. What seemed impossible to many people just a decade or two ago has become a reality. Cannabis is legal in Canada and many states throughout the United States. In Canada, we are ahead of the USA in how the federal government and banks [...]
At this point in the year, it's an excellent opportunity to look back and reflect on all that 2022 was. Looking back can be helpful in your personal or business life and promote growth for the year ahead. We had a lot happening here at Brother Processing Solutions in 2022, and we wanted to take [...]
Cannabis and credit cards have not worked well for a long time. Mostly, it was due to operating in the grey market or due to banking regulations that prevented USA-based Cannabis businesses from using traditional banking services. The problem still exists in the industry even now halfway through 2022. The good news for Cannabis dispensaries [...]
The Cannabis industry is growing at incredible rates across Canada and the USA. The number of Cannabis production and dispensary license applications in Canada has doubled in the last six months alone. This means that more and more players are trying to take advantage of the growing market than ever before. Regulatory changes now allow [...]
2022 is fast approaching! Another year in the bag, and it was another filled with growth, uncertainty, and an ever-changing Cannabis space. New states in the USA legalized recreational cannabis and that means dispensaries are just around the corner. If you're in the CBD or Cannabis space or are looking to get involved in this [...]
Cannabis legalization is relatively new in Canada and brand new in various states of the USA (with NY, NJ, and CT being the most recent to add recreational legalization). But that doesn't mean banking in the industry has become any easier. It is more difficult to get a merchant account approved and accepting credit & [...]
We're proud to recently partner with Cannapa Consulting, a leading credit card processing company for Cannabis, and other high-risk, businesses in Canada and the United States. Serving clients of all shapes and sizes in various businesses including: Cannabis manufacturing & sales CBD processing & sales Online gambling websites Cryptocurrency companies and trading platforms Pornography businesses [...]
