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...
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...
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...
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....
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 Internal Revenue Service (IRS) is paying $1.7 million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.” According to Quartz,...
Walmart’s Canadian unit might start selling cannabis-based products in the future, although there are no immediate plans in the works. “Walmart Canada has done some...
Tilray, the first cannabis company to conduct an initial public offering on a U.S. exchange, closed up 32 percent. According to Financial Times reporting, Tilray’s shares...
Bitcoin’s volatile tendencies were on full display this past week. After flirting with record highs just over one week ago, bitcoin fell to its lowest...