Payment Processing Continues to Present Challenge as Legalization of Cannabis Gains Momentum
Majority of states have legalized marijuana in some form CSA creates financial barriers to cannabis sales, purchasing REFG pioneering payment solutions in rapidly expanding market In what CNN analyst Z. Byron Wolf says may be a tipping point (http://ibn.fm/B8TKV), voters in Oklahoma — generally considered a politically conservative state — approved one of the most permissive medical marijuana initiatives in the country this summer. For those keeping track, that makes a total of 30 states and the District of Columbia (http://ibn.fm/4MArB) that now have laws broadly legalizing marijuana in some form. Once unimaginable, the legalization of the substance on a federal level is…