The marijuana business in the United States has been on the rise thanks to the changing regulations in different states such as Maine, Massachusetts, California, Washington State, and D.C., to name a few.
While the legalisation of the sale of marijuana for medicinal and recreational purposes has opened up a pool of opportunities for businesses and merchants in the States, businesses and merchants are finding themselves stuck between roads in terms of convenient payment methods.
This is because even though the sale of the substance is permitted, laws governing the bank accounts of such businesses have not been deregulated yet. As a marijuana merchant or business owner, you can attest that getting a marijuana merchant account isn’t that simple.