Marijuana

Canada’s Legalized Pot Sales Off To Slow Start With Limited Stores Open
Canada’s Legalized Pot Sales Off To Slow Start With Limited Stores Open
October 17, 2018  |  International

Canada became the first country to legalize recreational use of pot on Wednesday (Oct. 17), but response was tepid – in part because its largest...

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NEW REPORT: Credit Unions Help Marijuana Businesses Cut Through Financial Haze
NEW REPORT: Credit Unions Help Marijuana Businesses Cut Through Financial Haze
October 17, 2018  |  Credit Unions

When it comes to making financial decisions, businesses and consumers alike need to be well-informed — and in recent weeks, several credit unions (CUs) have...

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Massachusetts Credit Union Gets Into Cannabis Banking
Massachusetts Credit Union Gets Into Cannabis Banking
September 18, 2018  |  Banking

A credit union (CU) is now the first financial institution (FI) in Massachusetts to offer banking services to recreational marijuana companies. GFA Federal Credit Union...

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Tesla Accounting Head Resigns
Tesla Accounting Head Resigns
September 10, 2018  |  B2B Payments

Tesla’s chief accounting officer, Dave Morton, has left the company after less than a month on the job. The company revealed in a securities filing...

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NEW REPORT: New Regs Open New Markets For Credit Unions
NEW REPORT: New Regs Open New Markets For Credit Unions
July 17, 2018  |  Credit Unions

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their...

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Senate: Marijuana Businesses Still Can’t Use Banks
Senate: Marijuana Businesses Still Can’t Use Banks
June 22, 2018  |  Regulation

A U.S. Senate panel has voted to block an amendment that would allow banks to open accounts for marijuana businesses without being punished by federal...

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Cash-Strapped Entrepreneurs Squeezed Out Of Marijuana Business
Cash-Strapped Entrepreneurs Squeezed Out Of Marijuana Business
June 14, 2018  |  B2B Payments

Tight regulations around the legal marijuana industry are barring non-wealthy entrepreneurs from entering the market, according to reports from Forbes on Wednesday (June 13). The...

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CanPay Enables Cannabis Customers To Buy Online, Pick Up In Store
CanPay Enables Cannabis Customers To Buy Online, Pick Up In Store
May 18, 2018  |  Payment Methods

The grass is slowly getting greener in the commercial cannabis industry. This week, on May 17, debit-based cannabis payments solution CanPay announced its eCommerce integration,...

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Worldpay SVP: Why States Won’t Play Around With Sports Betting Regs
Worldpay SVP: Why States Won’t Play Around With Sports Betting Regs
May 16, 2018  |  Regulation

Today, illegal gambling represents a $150 billion business. Soon, however, the payments industry will be able to tap into that market legally, thanks to a...

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