Medical Marijuana Program Connection

APRIL 15, 2024

… both retail and e-commerce CBD and hemp businesses, OrganicPaymentGateways.com … will provide a free, expedited CBD merchant account consultation and placement … service for any legal CBD website owner based in the … Original Author Link click here to read complete story. Read More

CBD 45

CBD Programs Retail Hemp 45

Cannabis Law Report

JULY 26, 2021

RocketFuel (OTC: RKFL) (“RocketFuel” or the “Company”), a global provider of one-click online payment options using Bitcoin and 50+ other cryptocurrencies, today announced that it will be making its payment solution available to be used by licensed cannabis dispensaries and merchants. About RocketFuel Blockchain, Inc.

Dispensary 105

Dispensary Banking Access Data 105

Cannabis Law Report

JUNE 27, 2023

Macron announced on Monday a change in the payment process for fines for consumption of cannabis, making it possible for people ticketed by police to pay the officer on the spot – either in cash or by card – as is already the case with certain traffic offences. He said: “I have asked the Interior Minister to […]

Consumption 52

Consumption Cannabis Compliance Compliance 52

Medical Marijuana Program Connection

MARCH 3, 2024

NEWS RELEASE DEPARTMENT OF TREASURY * LANSING, Mich. – The Michigan Department of Treasury today announced that more than $87 million is being distributed among 269 municipalities and counties as a part of the Michigan Regulation and Taxation of Marijuana Act. Over the next few days, 99 cities, 30 villages, 69. Read More

Marijuana 64

Marijuana 64

Cannabis Law Report

MARCH 8, 2021

AeroPay, a Chicago-based digital payments platform powering bank transfer payments for businesses, announced today the closing of a $5+ million… Read More. The post Digital Payments Platform AeroPay Raises $5+ Million Venture Round Led by Chicago Ventures Amid Rapid Growth first appeared on Cannabis Law Report.

Banking 98

Banking Business Law Cannabis 98

Cannabis Law Report

JANUARY 20, 2021

Blackbird, a cannabis software and delivery company, and AeroPay, a leading financial technology company that provides payment processing solutions to… Read More. The post Blackbird and AeroPay Announce Strategic Partnership to Bring Cashless Payments to Cannabis Businesses for Online Ordering first appeared on Cannabis Law Report.

Business 98

Business Law Cannabis 98

Medical Marijuana Program Connection

APRIL 3, 2023

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (“POSaBIT” or the “Company”) (CSE: PBIT, OTC: POSAF), a premier point-of-sale and payments provider. Read More

Business 52

Business 52

Cannabis Life Network

APRIL 13, 2020

Offers Online Payment & Bike Courier Delivery Service appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks. SEATTLE, Jan. 24, 2017 /PRNewswire/ -- Stash Pot Shop, the largest retailer of variety, high-quality recreational cannabis in Seattle, announced it is changing its name to Lux. The post Stash & Co.

Retail 89

Retail Recreational Cannabis Marijuana 89

Leafly

JUNE 5, 2019

The post Eaze Hit With Lawsuit Over Credit Card Payments appeared first on Leafly. New lawsuit claims Eaze sidestepped restrictions on credit card transactions for cannabis purchases in order to gain an unfair advantage over competitors.

Banking 99

Banking Cannabis 99

Cannabis Law Report

AUGUST 19, 2021

Regulatory and Operational Compliance Software Company as It Prepares to Launch the Cannabis Industry’s Most Compliant, Cyber-Secure B2B and Retail Consumer Payment Solution. The two-decade point-of-sales (“POS”), fintech and technology pioneer is the Cofounder of Mercury Payment Systems Inc. (“MPS”), MPS”), which was sold for $1.6

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Compliance Compliance Retail Banking 98

SpeedWeed

JULY 23, 2021

Most of us buy stuff digitally today, whether we are paying by card, banking app, or mobile payments app. . Most popular payment apps will not deal with legal, licensed cannabis businesses. This is why most major digital payment apps will not process cannabis transactions, even if cannabis purchases are legal within the state.

Banking 52

Banking Compliance Compliance Retail 52

Cannabis Law Report

MARCH 17, 2022

CanPay , the largest legitimate payment network for cannabis retailers and consumers, announced today it has surpassed half a billion dollars in transparent transactions in states where cannabis is legal. About CanPay CanPay offers a payment solution for the state regulated cannabis industry and other emerging markets.

Retail 52

Retail Banking Cannabis Dispensary 52

Cannabis Law Report

SEPTEMBER 11, 2020

The post IRS issues new tax-payment guidance for cannabis companies first appeared on Cannabis Law Report. To assist the national cannabis industry in paying its federal taxes, the Internal Revenue Service issued a series of guidance documents that apparently are aimed … Read More.

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Cannabis Law 98

Cannabis Law Report

DECEMBER 31, 2021

The Interest represents a semi-annual interest payment under the Indenture and the Interest will be fully settled upon the issuance of the Settlement Shares. per Settlement Share.

Events 105

Events Collective Business Edibles 105

Cannabis Law Report

JULY 13, 2021

Holistic Industries , the largest private multi-state operator in cannabis, announced the launch of Liberty Wallet, the cannabis industry’s first cashless payment and rewards app designed specifically around patients’ and customers’ needs. Holistic Industries Unveils Liberty Wallet, the Cannabis Industry’s First Payments and Rewards App.

Banking 105

Banking Retail Programs History 105

Cannabis Law Report

OCTOBER 3, 2020

The post Tom Gavin, CannaTrac CEO: Cashless Payment Solutions Here To Stay? If you wish to re-publish this story please do so with following accreditation AUTHOR: Heather Allman PUBLISHER: CANNABIS LAW REPORT Interview with Tom Gavin , … Read More. first appeared on Cannabis Law Report.

Law 94

Law Cannabis 94

Cannabis Law Report

SEPTEMBER 28, 2021

KindTap Technologies (“KindTap”), the cannabis industry’s first digital credit and loyalty-enabled payments solution, today announced the launch of its consumer credit product, starting initially in the Massachusetts cannabis market.

Banking 52

Banking Research and Development Retail Compliance 52

Medical Marijuana Program Connection

MAY 29, 2023

The decline of Canada’s legal marijuana trade has led to two-thirds of marijuana dealers falling behind in their tax payments, Read More

Marijuana 40

Marijuana Legalization Cannabis 40

Cannabis Law Report

OCTOBER 26, 2021

NEW YORK–(BUSINESS WIRE)– Valley National Bank , a subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today that it is creating a new digital payment platform designed specifically for cannabis-related businesses. The new payment platform is expected to launch with a pilot program in the coming months.

Banking 52

Banking Business Programs Compliance 52

SpeedWeed

FEBRUARY 22, 2021

The former CEO of California cannabis delivery platform Eaze pleaded guilty to one count of conspiracy to commit bank fraud in connection with an alleged scheme to deceive banks into processing more than $100 million worth of credit and debit payments for marijuana purchases. James Patterson’s plea, reported Friday by Law360.com,

Banking 52

Banking Marijuana Business Cannabis 52

Cannabis Law Report

OCTOBER 28, 2021

Wayne-based Valley National Bank, a subsidiary of Valley National Bancorp, is creating a new digital payment platform designed specifically for cannabis-related businesses. The application will allow cannabis-related businesses to provide their customers access to a compliant, secure and streamlined mobile wallet payment system.

Banking 52

Banking Compliance Compliance Programs 52

Cannabis Law Report

OCTOBER 14, 2021

AeroPay, the cannabis industry’s leading digital payments provider, and Jane Technologies, Inc. The AeroPay payment method allows cannabis consumers to seamlessly pay for pickup or delivery orders directly from the dispensary or brand’s checkout page on mobile or web. “We state markets.

Dispensary 52

Dispensary Retail Cannabis Business 52

Veriheal

OCTOBER 14, 2020

Hypur, per their website, states that it “provides payment and banking technology for high-risk markets, including MSBs and cannabis-related businesses.” This service benefits cannabis businesses by offering a safer option for payment than carrying cash for your medicine.

Dispensary 52

Dispensary Banking Patients Access 52

SpeedWeed

FEBRUARY 21, 2021

Federal prosecutors reportedly plan to charge a former CEO of California cannabis delivery platform Eaze in connection with a case accusing two businessmen of deceiving banks into processing $100 million worth of credit and debit payments for marijuana products. com first reported the case, citing federal district court records in New York.

Banking 52

Banking Retail Cannabis Marijuana 52

Cannabis Law Report

NOVEMBER 23, 2021

As a licensed money transmitter and registered money services business, POSaBIT offers a payment point of sale (POS) system for marijuana-related businesses (MRBs) while providing safe, secure, and trusted expertise financial institutions seek in an electronic payment provider. A Revenue Opportunity for Financial Institutions.

Compliance 52

Compliance Compliance Banking Seed-To-Sale 52

Cannabis Law Report

JUNE 8, 2021

(OTC Pink: POTN ), announced that it has spearheaded the concerted effort with Nevada counsel, Mincin Law, PLLC , , and special counsel, Global Legal Law Firm , Solana Beach, California, in filing legal proceedings against T1 Payments, LLC, et. al, a Nevada limited liability company. About the Case. d/b/a Diamond CBD , Ltd.

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CBD State Laws Law Business 99

Cannabis Law Report

AUGUST 14, 2022

Now, class actions lawyers are circling the wreckage and examining the merits of potential litigation to recover funds from financial institutions that processed payments on behalf of JuicyFields. The other was a Lithuanian institution Via Payments UAB. John Karantzis, who left Melbourne for sunnier pastures in Cyrpus. .

Banking 52

Banking Media Events Marijuana 52

Cannabis Law Report

JULY 29, 2019

Brnovich noted in a news release that an Arizona startup, Alta, will allow cash-intensive businesses to make and receive digital payments without a bank. Arizona attorney general OKs digital medical cannabis payments. MJ Biz write.

Banking 40

Banking Business Cannabis 40

SpeedWeed

AUGUST 10, 2021

The post ScottsMiracle-Gro Launches Cannabis Investment Entity with Huge Down Payment appeared first on SpeedWeed. ScottsMiracle-Gro’s wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting and other materials used for indoor and hydroponic growing geared for cannabis. View original article.

Hydroponic 52

Hydroponic Collective Seed-To-Sale Banking 52

SpeedWeed

APRIL 4, 2021

THIRD party enforcement of the new UK Novel Food rules is imminent after one of the industry’s leading payment providers said it would no longer serve non-compliant CBD sellers. In January, this year, a UK-based spokesperson for Worldnet Payments told Business Cann it was monitoring the UK Novel Food situation – this has now changed.

Business 40

Business CBD Food Compliance 40

Cannabis Law Report

JUNE 30, 2021

on the March debentures and November debentures, respectively, due and payable on June 30, 2021 (the “ Interest Payment “). No fractional Common Shares will be issued in satisfaction of the Interest Payment.

Media 59

Media Cultivation Business Packaging 59

Cannabis Law Report

DECEMBER 9, 2021

The Common Shares shall be issued to the registered holders of the Debentures appearing on the registers of the Trustee at the close of business on November 30, 2021, being the last business day of the month preceding the applicable interest payment date. No fractional Common Shares will be issued in satisfaction of the Interest Payment.

Cultivation 52

Cultivation Media Collective Business 52

Canna Law Blog

FEBRUARY 28, 2024

Specifically, the state’s cannabis laws mandate a penalty of 50 percent of the unpaid amount, on top of the 10 percent general penalty payable for late tax payments. Now you may point out that the CDTFA does entertain payment plans , and may even waive some of the penalties in some cases.

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Collective Business Cannabis Law 93

Cannabis Law Report

APRIL 16, 2021

Willamette Weekly reports… A cannabis dispensary owner in Southwest Portland tells WW that employees at two different Fred Meyer locations… Read More.

Dispensary 97

Dispensary Cannabis 97

Cannabis Law Report

JANUARY 9, 2023

Benzinga is reporting the following. One of the largest purchasers of Oregon’s marijuana, Canadian-based Chalice Brands owes lots of money to cannabis farmers and producers who are tired of waiting, so they’re taking the company to court.

Dispensary 52

Dispensary Cannabis Marijuana Law 52

Cannabis Law Report

DECEMBER 25, 2019

Cannabis Retailers Owed. Linx Card, which touts itself as a “primary provider” of debit merchant services to marijuana retail stores, has faced a flurry of lawsuits in recent months from cannabis businesses that allege the California firm owes them millions of dollars.

Retail 77

Retail Business Dispensary Cannabis 77

Medical Marijuana Program Connection

MARCH 2, 2024

Joseph County is set to receive more than $1 million, part of a payment setup from the Marijuana. More than $87 million in funding through the Michigan Regulation and Taxation of Marijuana Act is being distributed to counties and municipalities across the state, including St. Joseph County and Sturgis. Read More

Marijuana 64

Marijuana Policy Law 64