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Payment Systems Marijuana Related Businesses Marijuana

Goodwin

Navigating the Hazy Landscape: Challenges and Solutions in Cannabis Payment Processing

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The sale of adult-use cannabis has been legalized in 24 states in the United States. But this does not mean there are no other legal impediments to the cannabis industry in those jurisdictions. For example, cannabis...more

Burns & Levinson LLP

Cannabis & The Credit/Debit Payment Crises

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As our world strives to become paperless, nearly all businesses, regardless of industry need to offer payment processing solutions other than cash to keep up with customer demands and expectations. The cannabis industry is no...more

Burns & Levinson LLP

Eaze Criminal Case Underscores the Importance of Transparency in Cannabis Cashless Payment Transactions

Burns & Levinson LLP on

This week, federal prosecutors in the Southern District of New York will try their case against Defendants Ruben Weigand and Hamid “Ray” Akhavan for one count each of bank fraud in violation of 18 U.S.C. § 1349 related to the...more

Burns & Levinson LLP

Cannabis, COVID-19, and Cashless Transactions

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In certain states (not currently including Massachusetts), cannabis-related businesses have been deemed “essential” businesses by local governments. In those states, medical and/or adult-use programs have continued to operate...more

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