Source Imagine this: You've spent the day meticulously tending to your cannabis business, assured that your customers' transactions are seamless. Then, everything grinds to a halt. Your debit network shuts down, abruptly disrupting your cash flow and customer service. With this scenario in mind, let's explore the nuances of such a situation. The Impact of
Nearly two dozen attorneys general from across the country wrote a letter to congressional leaders this week, urging them to enact legislation to federally regulate intoxicating hemp products. In the letter, the top law enforcement official from 21 states wrote that the legalization of hemp with the 2018 Farm Bill has resulted in “the proliferation
In an “hours-long discussion,” the officials on a Costa Mesa panel considered various ways of amending the city’s laws governing legal cannabis shops. Those laws “have engendered complaints from neighbors and proprietors alike,” according to the Los Angeles Times, which said that Tuesday’s meeting “ended with a flurry of motions from City Council members that,
Bliss + Lex is a Black woman-owned cannabis dispensary in Manhattan and its team says it’s the first dispensary of its kind to do so in a March 20 announcement. Licensed adult-use cannabis businesses are beginning to appear in New York City as they compete with unlicensed businesses. “This is a once-in-a-lifetime opportunity to pull
The median reported potency of regulated weed in California has been steadily dropping over the past six months, according to a report from Bay Area news source SFGate. The drop in potency, which includes a decline of 7% in just the past three months, coincides with the recent implementation of new state regulations governing how
A new report reveals the cities in Europe with the highest concentrations of cannabis and cocaine use, based on sewage surveys. Perhaps unsurprisingly, Dutch cities including Amsterdam and Rotterdam took home some of the top spots for the cities with the highest concentrations of cocaine and cannabis use, respectively, and ranked high in several other
There's often confusion when it comes to understanding the nuances of payment processing, especially in the cannabis industry. The intricate blend of federal and state regulations, coupled with technological considerations, can weave a labyrinth that even the most seasoned industry professional finds hard to navigate. A case in point: PIN debit payment systems. On the
Proposed rules to regulate hemp in Tennessee could put a limit on the total amount of all forms of THC allowed in products, potentially closing what some see as a legal loophole that has led to the marketing of hemp flower high in THCA. When smoked, THCA converts to delta-9 THC, the cannabinoid primarily responsible
Elon Musk says that he benefits from the use of ketamine –– and investors should be pleased that he takes it –– but when he posts late at night on the social media platform he owns, he insists that he is rarely under the influence. The Tesla CEO made all of those comments during a well-publicized
The landlocked country of Eswatini (formerly known as Swaziland), located in southern Africa, recently made a move to legalize medical cannabis. According to a report from VOA Zimbabwe, King Mswati III and the Eswatini government have introduced medical cannabis legislation hoping that it will help curb illegal sales and allow the country to benefit from
