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)

Bitcoin Daily: US Regulators Join Global Financial Innovation Network; Colorado Explores Crypto Banking For Cannabis Firms
Bitcoin Daily: US Regulators Join Global Financial Innovation Network; Colorado Explores Crypto Banking For Cannabis...
October 25, 2019  |  Bitcoin

The Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission...

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Flowhub Lands $23M To Automate Cannabis Compliance
Flowhub Lands $23M To Automate Cannabis Compliance
October 16, 2019  |  Investments

Flowhub, a cannabis retail management software vendor, has raised $23 million in its bid to automate cannabis compliance. A number of investors participated, including e.ventures,...

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Top News In Payments: Google Play Bans High-Interest Loan Services; Thoma Bravo To Buy Sophos
Top News In Payments: Google Play Bans High-Interest Loan Services; Thoma Bravo To Buy Sophos
October 14, 2019  |  News

Today in the payments news roundup, Google has reportedly prohibited high-interest consumer loan services from its Google Play store. Also, British cybersecurity software company Sophos is being...

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Cannabis Firms See Share Prices Nosedive
Cannabis Firms See Share Prices Nosedive
October 13, 2019  |  Investments

The public market for cannabis is off by more than 40 percent, despite the industry’s blazing forecast and enthusiastic quarterly reports, The Wall Street Journal...

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Cannabis Cos’ Financial Struggles Spread Far Beyond The POS
Cannabis Cos’ Financial Struggles Spread Far Beyond The POS
October 08, 2019  |  B2B Payments

When considering the financial services (FinServ) challenges of the legal cannabis sector, the biggest point of friction that almost always comes to mind first is...

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Why The SAFE Banking Act Won’t Solve All Cannabis’ Payment Problems
Why The SAFE Banking Act Won’t Solve All Cannabis’ Payment Problems
October 07, 2019  |  Regulation

One down, two more steps to go: That’s the situation with the federal SAFE Banking Act, which recently won approval by the U.S House of...

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Vendors Can Now Use Square For CBD Sales
Vendors Can Now Use Square For CBD Sales
October 03, 2019  |  Merchant Innovation

Square has announced that it’s launching a CBD early access program, which will allow vendors in the United States to sell CBD products using Square....

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Dama Financial Collabs On Cannabis B2B eCommerce Platform
Dama Financial Collabs On Cannabis B2B eCommerce Platform
October 03, 2019  |  B2B Payments

Dama Financial, a financial services provider that collaborates with banks to provide services to the legal cannabis industry, is collaborating with Helix TCS on a...

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Will The SAFE Banking Act Make Life Riskier For Banks?
Will The SAFE Banking Act Make Life Riskier For Banks?
September 27, 2019  |  Banking

Since California first declared marijuana “legal” for medical consumption in 1996, transactions involving legally permitted cannabis have been complicated things. In fact, in the intervening...

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