- 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://nnw.fm/PSb0e), 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://nnw.fm/OVs7M) that now have laws broadly legalizing marijuana in some form. Once unimaginable, the legalization of the substance on a federal level is even looming as a possibility.
With this abrupt change in momentum comes unique challenges for companies looking to offer services to both providers and users of cannabis. One of the most significant challenges is…
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