Cannabis

Cannabis, also known as marijuana among other names, is a psychoactive drug from the Cannabis plant used primarily for medical or recreational purposes.

Source: en.wikipedia.org

Canada Cannabis Payments Face Their Own Hurdles
Canada Cannabis Payments Face Their Own Hurdles
February 19, 2019  |  AML

Since last year, when Canada legalized recreational pot in full, the nation became a kind of country-sized lab for how that new business would play...

READ MORE >
Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns
Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns
February 16, 2019  |  News

There is no such thing as a boring week in payments, of course. Every seven-day period is good for at least one unexpected twist. But this week...

READ MORE >
Fizzle Of The Week: The NYC Amazon HQ That Will Never Be
Fizzle Of The Week: The NYC Amazon HQ That Will Never Be
February 15, 2019  |  Sizzle/Fizzle

Amazon and the city of New York managed to pull off one of history’s more spectacular break-ups this week, with the Valentine’s Day announcement that...

READ MORE >
SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congress
SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congress
February 14, 2019  |  AML

Legal marijuana sellers want bank accounts just like any other business. Over the last two years, more than $500 million worth of cash deposits from...

READ MORE >
Colorado’s Marijuana Industry Tops $6B
Colorado’s Marijuana Industry Tops $6B
February 13, 2019  |  Retail

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes...

READ MORE >
Barneys Launches A Luxury Cannabis Concept
Barneys Launches A Luxury Cannabis Concept
February 12, 2019  |  Retail

Barneys New York is getting into the cannabis business. The retailer has announced that it is launching “The High End,” a luxury cannabis lifestyle and...

READ MORE >
New Mexico Lawsuit Sparks Marijuana Business Tax Debate
New Mexico Lawsuit Sparks Marijuana Business Tax Debate
January 29, 2019  |  B2B Payments

Paying business taxes is a key source of friction for many legal marijuana companies in the nation, particularly for companies that operate on a cash-only...

READ MORE >
Legal Canadian Marijuana Sales Top $40M In First Month
Legal Canadian Marijuana Sales Top $40M In First Month
January 23, 2019  |  Retail

One month after Canada legalized marijuana for everyone in the country, Canadians spent C$54 million ($41 million) on the product, according to a report in...

READ MORE >
DSW To Sell Cannabis-Based Products
DSW To Sell Cannabis-Based Products
January 11, 2019  |  Retail

Green Growth Brands announced that it has entered an agreement with shoe retailer DSW to sell hemp-derived cannabidiol (CBD) personal care products at select DSW stores...

READ MORE >