Square Is Leaving Hemp. The Bigger Question Is Why Banks and Processors Keep Leaving. The Hemp Industry Has Spent a Decade Outsourcing Compliance to Its Financial Partners. That Model Is Breaking. For years, the hemp industry has complained about payment processors and banks. Accounts get terminated. Applications take too long. Documentation requirements change. Products get […]
Payments Has a Product Problem Nobody Wants to Own The Next Compliance Infrastructure Battle Won't Be About Knowing the Merchant. It Will Be About Knowing What the Merchant Sells. Next week, thousands of people from across the payments ecosystem will gather to discuss what's changing in our industry and what comes next. There will be […]
President Trump's executive order reclassifying marijuana from Schedule I to Schedule III under the Controlled Substances Act is the most significant shift in federal cannabis drug policy in decades. For cannabis businesses that have spent years navigating hostile banking relationships, limited payment options, and punishing tax treatment under Section 280E, the development carries real weight. […]
Getting approved for a merchant account when you sell hemp, CBD, supplements, kratom, peptides, or other regulated products is not the same process as getting approved for a standard e-commerce business. The underwriting review, documentation requirements, and ongoing monitoring are different. Most businesses that lose their processing relationships — suddenly, without warning — did not […]
Fraud in B2B payments has evolved from occasional operational disruptions into a persistent, adaptive threat that poses existential risks to businesses processing high-value transactions. The reason is straightforward: with transaction volumes and values dwarfing consumer payments, B2B commerce represents an irresistible target for sophisticated fraudsters whose tactics evolve as rapidly as digital commerce itself. "B2B […]
The text arrives at 6:42 AM on a Thursday: "Payment processing suspended - compliance review required." Your heart sinks. Just like that, your CBD company's merchant account is frozen, leaving thousands in revenue trapped, orders piling up unprocessed, and loyal customers unable to purchase. In the high-risk processing world, this scenario isn't the exception—it's alarmingly […]
Cannabis delivery sales reached $4.2 billion across legal states in 2024, with the market projected to hit $102.2 billion by 2030. Consumer appetite for delivery continues growing—55% of Gen Z and 60% of millennials have more delivery apps than streaming services, and online cannabis sales grew by 80% in 2023 driven by convenience and expanding […]
