The intersection of cannabis legality, financial services, and business operations presents a unique set of challenges for merchants. Being denied a credit and debit card processing account is a common hurdle, yet it's not the end of the road. You have options with banking pathways opening in the USA and established options throughout Canada. Get [...]
The year 2023 has been pivotal for the cannabis industry in the United States. This year, marked by significant legislative advancements, changes in consumer behavior, and shifts in the business landscape, has seen a transformative shift in how Cannabis is perceived, regulated, and consumed in the country. Let's look at fundamental changes and developments in [...]
Ohio's recent move to legalize cannabis marks a significant milestone in the ever-evolving landscape of the cannabis industry in the United States. This decision impacts the state's market dynamics and has far-reaching implications for the entire industry. Considering Ohio is a traditionally "red" state with conservative values, it is a good sign for the industry [...]
It is 2023, and Canada has nearly gone cash free across the board. It is rare for stores, restaurants, or other locations to offer customers cash payment options. This trend started before the pandemic, but it has become the norm since then. Unfortunately, because of regulations, it has taken a while for adoption in the [...]
The cannabis industry has experienced significant growth and legalization in recent years. Nevertheless, despite the increasing acceptance of cannabis, businesses in this sector have faced numerous challenges regarding payment processing and banking services. This article explores the emerging solutions for cannabis credit and debit card processing, revolutionizing the way transactions are conducted within the industry. [...]
With the legalization of Cannabis completed in Canada and spreading rapidly throughout the United States, dispensaries are popping up and applying for licenses all over. But a problem remains, especially in the USA, regarding legal banking and taxation around cannabis-related businesses. Federal laws still classify cannabis as a Class A narcotic in the states and [...]
Accepting money for legal and licensed cannabis dispensaries has been like the wild west over the past few years. In Canada, the banking landscape for marijuana businesses is confusing, and in the USA, it can seem flat-out impossible to organize. Because of this, many shops still take cash for most of their payments. In 2022 [...]
Brother Processing is proud to release our newest video! The cannabis landscape has dramatically changed over the past decade in both the United States and Canada. Legal dispensaries are opening in many new markets, which means a lot of logistics for new business owners. One of the most important ones is how a dispensary accepts [...]
