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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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...