Few people are aware that the selling of medicinal marijuana is now allowed in several states, as well as in Washington, D.C. This change of events was hailed as a disaster by some, “just in time” by others, and greeted with mixed emotions by many. Medical marijuana shops still have a genuine need to take credit cards in their stores as legal businesses, but what about the Internet? Those services will not be available through merchant accounts for the time being.
The Story of a Single State
Over 1000 dispensaries have opened in Colorado, where medical marijuana sales were just allowed. Approximately 20% of the proprietors of such businesses have felony records, and the state is scrambling to close them down. Nearly 100,000 people registered as users of medical marijuana not shortly after it became legal, highlighting the need for dependable credit card processing for shop owners.Feel free to find more information at House of Green Recreational Marijuana Dispensary Anchorage – Dispensary
It’s still illegal to do so on the internet.
Purchasing marijuana online is still prohibited, maybe because it is not legal in all states and is still considered unlawful by the federal government. Activists in California are lobbying for a ballot issue in the 2010 elections that would allow medical marijuana sales to be conducted online. This bill will legalise recreational marijuana use as well as empower the state to tax the sale of any marijuana-based product, which might be a boon to the state’s cash-strapped economy. If this bill passes, Internet sales will almost certainly follow suit. This will open up a new market for merchant account providers and business owners.
Accepting Credit Cards Has Its Benefits
The advantages of accepting plastic for a dispensary owner are obvious. On the most basic level, dispensaries are frequently found in less desirable parts of town, and the less cash on hand, the better. Furthermore, accepting credit cards confirms that money has been received. Finally, knowing that your money will be in your account promptly makes it much easier to track sales, anticipate trends, and ensure that your firm has the funds available to purchase new product.
While you can’t sell medicinal marijuana online just yet, if California’s legislation passes and the state begins taxing sales, other states are likely to follow suit. The shift to online sales won’t be long in coming, and having a merchant account that’s ready to go will put you ahead of the pack.