Denver, Colo.–based startup Baker Technologies has built an eCommerce platform that the company is touting as “Shopify for cannabis.” According to Fast Company, the three-year-old marijuana-marketing startup created the platform — Shop — to allow pot-selling establishments to set up online storefronts, list what they...
In 1992, a discussion about buying marijuana was pretty straightforward. Back then, it was illegal and socially stigmatized. Walking into a storefront to buy it was pretty much out of the question — unless you happened to be connecting thru Amsterdam. Most transactions occurred on street corners...
March 22, 2017
In 1992, a discussion about buying marijuana was pretty straightforward. Back then, it was illegal and socially stigmatized. Walking into a storefront to buy it was pretty much out of the question — unless you happened to be connecting thru Amsterdam. Most transactions occurred on street corners or back alleys, and payment was in cash. Four years […]
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 […]
April 17, 2017
Denver, Colo.–based startup Baker Technologies has built an eCommerce platform that the company is touting as “Shopify for cannabis.” According to Fast Company, the three-year-old marijuana-marketing startup created the platform...