Mastercard Demands Merchants Steer Clear of Cannabis

Mastercard Demands Merchants Steer Clear of Cannabis

Late last month, MasterCard demanded U.S. based merchant services cease transactions for legal marijuana.  Nearly all legal cannabis dispensaries selling marijuana in states where it is legal rely solely on cash.  Most of them have their own debit machines in the store.

Some shops have been able to process Mastercard debit card payments by offering customers the option to utilize their PIN number.  With so many new dispensary businesses around the country, merchant services are struggling to keep up with who is selling what, and how. 

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03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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