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Sun Jul 1, 2012, 05:46 PM

 

Starting today, MMJ providers are not able to use their VISA/MC credit card system.

I had to get cash from my ATM nearby to complete my transaction at Kind Love (a little pricey, but their stuff are tops)

They still take Discover, but that is supposed to end at the end of the month.

They told me they are looking into solutions involving debit cards.

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Reply Starting today, MMJ providers are not able to use their VISA/MC credit card system. (Original post)
Woody Woodpecker Jul 2012 OP
KT2000 Jul 2012 #1
Woody Woodpecker Jul 2012 #3
patricia92243 Jul 2012 #2
Bennyboy Jul 2012 #4
Politicalboi Jul 2012 #5
backscatter712 Jul 2012 #6
Woody Woodpecker Jul 2012 #7

Response to Woody Woodpecker (Original post)

Sun Jul 1, 2012, 05:54 PM

1. what is MMJ? n/t

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Response to KT2000 (Reply #1)

Sun Jul 1, 2012, 05:58 PM

3. Medical Marijuana

 

Colorado has an amendement to legalize marijuana that is up for a vote in November. It is Amendment 64.

http://www.regulatemarijuana.org/

The trend is now 61% for legalization.

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Response to Woody Woodpecker (Original post)

Sun Jul 1, 2012, 05:55 PM

2. MMJ?????

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Response to patricia92243 (Reply #2)

Sun Jul 1, 2012, 06:01 PM

4. My Morning Jacket.....

 

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Response to Woody Woodpecker (Original post)

Sun Jul 1, 2012, 06:11 PM

5. One would think

That using CC, it would be easier to track the actual dollar made to be taxed. Can't they have ATM's in store? I know they have fee's, but if you need to do it right away, it's not a big problem. Maybe get inside vending machines. You look over the product at the counter, and make your purchase through the machine with cash, or CC.

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Response to Woody Woodpecker (Original post)

Wed Jul 4, 2012, 11:41 AM

6. What happened: Visa/Mastercard cut them off?

Fuck that shit.

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Response to backscatter712 (Reply #6)

Wed Jul 4, 2012, 08:37 PM

7. The main processor that normally handles this for MMJ dispensaries

 

has decided to stop after warnings to a bank in Virginia to stop accepting and processing cash for MMJ disepnsaries following federal law.

Threats of RICO was made.

So they chickened out and stopped.

The cash only business model only creates trouble. The feds needs to remove cannabis from drug schedule.

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