Marijuana dispensary rolls out its own credit card as weed industry works to go beyond cash-only sales

This story first appeared on MassLive.com. Earlier this month, a letter was reportedly distributed to employees of Cultivate Holdings, a medical and recreational marijuana dispensary in Leicester. The letter dated, which was March 18 and was obtained.....»»

$175 billion industry much like it did the phone business. At a splashy event, the company made a simple sales pitch and showed off the titanium product in a slick video. Chief Executive Officer Tim... To view the full story, click the title link......»»

According to financial services industry research company Aite Group, nearly half of Millennials have only one rewards card, compared to three or more for 40% of .....»»

Jewellers rue loss of cash flow at a time when credit is getting costly.....»»

Samsung Pay is offering users cash back on purchases with select retailers to drive up adoption. Samsung Pay is rolling out a benefit usually reserved for credit card rewards programs: cash back for purchases. Its goal is to drive up ad.....»»

American Express (AXP) rolls out new cash back credit cards to draw more users. In an effort to attract customers, American Express Co. AXP has launc.....»»

Capital One announced a revamped Savor card Tuesday with the highest cashback percentage in the industry for both dini.....»»

A credit union is launching a pilot program to begin serving marijuana businesses in Alaska, giving the cash-only industry a financial option after banks shunned the industry......»»

After much stalling and haggling among lawmakers, authorities plan to grant dual licenses to Ohio's 130 medical marijuana dispensaries. read more.....»»

“The pricing is coming down, but it’s still cash and it’s still a tremendous expense for our patients,” Collins said......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Here Comes A Big Miss In Retail Sales Bank of America's economists have been on a roll in the past three months. Back in February, the bank looked at its credit and debit card spending data and concluded that cons.....»»

New York is poised to build one of the largest recreational marijuana markets in the country — on the order of billions of dollars a year — but one industry critical to that effort could struggle to get involved: banks and credit unions......»»

As lawmakers near a deal on recreational marijuana, industry groups say recreational-use cannabis poses an "unmanageable" insurance risk because of the Scaffold Law......»»

For years, banks and credit card companies have known customers tend to spend more money when buying with credit cards instead of cash. read more.....»»

Seeking higher pay, career advancement and better protection from the COVID-19 pandemic, cannabis workers from Chicago to Springfield have begun to unionize, planting a seed that could reshape the fast-growing mariju.....»»

Seeking higher pay, career advancement and better protection from the COVID-19 pandemic, cannabis workers from Chicago to Springfield have begun to unionize, planting a seed that could reshape the fast-growing mariju.....»»

Illinois weed sales reached nearly $232 million through the fi.....»»

American Express stock dropped as much as 4% after the Wall Street Journal reported federal investigators are probing its business-card sales tactics. American Express. .....»»

Crystal Cox/Business Insider   Every rewards credit card awards bonus points or cash back differently — one card might give you more rewards for spending in certain categories, like d.....»»