Cannabis Sales news and trends

Mastercard’s Cease-and-Desist Letters Halt Cannabis Debit Card Transactions
Mastercard // July 26, 2023

Mastercard has told payment processors and banks to stop allowing marijuana transactions on its debit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Colorado Smokes Up $120M In Cannabis Sales In November
Regulation // January 12, 2018

Consumer interest in cannabis continues to rise in Colorado, where marijuana shops saw an increase of nearly 10 percent in sales between 2016 and 2017, The Cannabist reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Quick Reads
Less US Cannabis Restrictions Could Ease Sector’s Fragmented Payments System

August 30, 2023
In a significant development for the cannabis industry, U.S. health officials have recommended easing restrictions on cannabis and reclassifying it as a Schedule III drug under the Controlled Substances Act. The move could open the door to more cohesive payments systems in the sector. Get the Full Story Complete the form to unlock this article […]

Mastercard’s Cease-and-Desist Letters Halt Cannabis Debit Card Transactions

July 26, 2023
Mastercard has told payment processors and banks to stop allowing marijuana transactions on its debit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Colorado Smokes Up $120M In Cannabis Sales In November

January 12, 2018
Consumer interest in cannabis continues to rise in Colorado, where marijuana shops saw an increase of nearly 10 percent in sales between 2016 and 2017, The Cannabist reported. Get the...