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

Cannabis Startup Eaze Struggles To Pay Vendors
Cannabis Startup Eaze Struggles To Pay Vendors
January 19, 2020  |  B2B Payments

Once calling itself the “Uber of pot,” Silicon Valley cannabis startup Eaze is struggling to pay vendors as it searches for a new round of...

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Chapter 11 Not An Option For Cash-Strapped Cannabis Companies
Chapter 11 Not An Option For Cash-Strapped Cannabis Companies
December 18, 2019  |  Ecosystems

Marijuana companies’ exuberant bubble has quickly burst after just one year. The harsh reality of a cash crunch looming and burdensome U.S. regulations impede growth...

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WAYV Offers Line Of Credit For Cannabis Firms
WAYV Offers Line Of Credit For Cannabis Firms
December 11, 2019  |  Digital Payments

Cannabis logistics startup WAYV has launched a payment solution for the cannabis supply chain, according to a report. The goal of the initiative is to...

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Cannabis Shows Early Signs Of Late Supplier Payments Struggle
Cannabis Shows Early Signs Of Late Supplier Payments Struggle
December 11, 2019  |  B2B Payments

The gradual legalization of cannabis in the U.S. and elsewhere has opened up an opportunity not only for new businesses to form, but for those...

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Regulators Detail Banking Rules For Hemp Firms
Regulators Detail Banking Rules For Hemp Firms
December 03, 2019  |  Bank Regulation

Four federal agencies, in conjunction with state bank regulators, clarified the legal status of hemp-related businesses and the applicable edicts under the Bank Secrecy Act...

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What Grubhub, Uber Can Teach CUs About Loyalty and Rewards
What Grubhub, Uber Can Teach CUs About Loyalty and Rewards
November 25, 2019  |  Credit Unions

Credit unions (CUs) are unique among financial institutions (FIs) for the sense of loyalty they inspire among their members. PYMNTS’ Credit Union Innovation Index found...

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House Committee Passes Bill To End Federal Marijuana Prohibition
House Committee Passes Bill To End Federal Marijuana Prohibition
November 21, 2019  |  Politics

The House Judiciary Committee passed a bill that would effectively make marijuana legal, the National Cannabis Industry Association (NCIA) announced in a press release on...

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How Cannabis Companies Can Leapfrog Into Payments Digitization
How Cannabis Companies Can Leapfrog Into Payments Digitization
November 19, 2019  |  B2B Payments

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created...

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Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
November 11, 2019  |  B2B Payments

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that...

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