In clinical trials involving nearly half of lung cancer patients, medical cannabis from hospitals decreases tumour growth and inflammation, despite the fact that it does the exact opposite. Patients with Alzheimer’s disease benefit from a licenced pharmacy that gives them the right dosage of Medical Marijuana to help them feel better. Despite the fact that medical marijuana is now legal in 14 states and the District of Columbia, merchant accounts are still scarce for these companies. Personal biases face dispensary operators, who are listed as “at danger” companies. Visit here The Joint Recreational & Medical Marijuana Dispensary – SeaTac – dispensaries near me
Unfortunately, some banks are hesitant to open a merchant account for a medicinal marijuana producer, arguing that the legal due diligence will be too time consuming.When nearly 75% of Americans use their debit or credit cards to make purchases on a daily basis, the ability to process those transactions is vital to many businesses’ success. Granted, until recently, the marijuana industry was purely cash-based, but times have changed. It’s time to look for a new bank if your existing one won’t even consider giving you a merchant account.
Many merchant account providers are expanding their programmes, and some are now offering crucial financial services to legal marijuana dispensary owners. Dispensaries are automatically seen as posing a higher risk since they are still relatively young companies selling pharmaceutical drugs. The shop owner, on the other hand, may apply if he or she has a good credit score and no criminal history. Bear in mind that not all merchant account providers are created equal when looking for a merchant account for your medical marijuana dispensary. Colorado business owners were taken aback when their provider abruptly cut off service without notice. Make certain you choose a business with a proven track record.