FinTech Staack has launched a crowdfunding campaign to help it build a solution that will provide digital payments and access to business financing to cannabis businesses. The solution is being built by co-founders and brothers Alexander Harowicz, who worked in private equity, and Adam Harowicz,...
FinTech Bespoke Financial reportedly plans to expand its business-to-business (B2B) buy now, pay later (BNPL) offering for cannabis dispensaries in California and Massachusetts. A pilot of the BNPL product was launched in July and has proven to be successful, according to a Thursday (Aug. 25)...
Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. and Canada. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop...
Senate Majority Leader Mitch McConnell (R-Ky.) has rejected the STATES Act, legislation that would allow states to regulate their own cannabis industries without federal intervention. The Motley Fool reported that Sen. Cory Gardner (R-Colo.) had on Dec. 17 reintroduced the STATES (Strengthening the Tenth Amendment...
July 26, 2023
Mastercard has told payment processors and banks to stop allowing marijuana transactions on its debit cards. Following cease-and-desist letters sent by Mastercard last week, companies that facilitated PIN debit payments for cannabis have been attempting to provide alternatives to the dispensaries that were using them, Bloomberg reported Wednesday (July 26). A spokesperson for Mastercard told Bloomberg: “As […]
November 14, 2022
FinTech Staack has launched a crowdfunding campaign to help it build a solution that will provide digital payments and access to business financing to cannabis businesses. The solution is being...
August 26, 2022
FinTech Bespoke Financial reportedly plans to expand its business-to-business (B2B) buy now, pay later (BNPL) offering for cannabis dispensaries in California and Massachusetts. A pilot of the BNPL product was...
December 26, 2018
Senate Majority Leader Mitch McConnell (R-Ky.) has rejected the STATES Act, legislation that would allow states to regulate their own cannabis industries without federal intervention. The Motley Fool reported that...
