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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11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...