With many states offering up legalized recreational or medical pot on their ballots this week, nationwide support is growing for its legality. According to the Pew Research Center, 57 percent of U.S. adults say the use of marijuana should be made legal, while 37 percent say it should be illegal. Ten years ago just 32 percent favored legalization, while 60 percent were opposed.
Traditionally, young adults have been behind the shift of public support, but now support is rising among millennials and baby boomers as well. Another big factor is results. With more and more of us wanting natural remedies to combat our ailments and illnesses, marijuana is leading the charge – and often with the best results.
25 states, plus D.C. and Puerto Rico offer legalized medical marijuana, and between recreational marijuana and medical marijuana it is on the ballot this week in 9 other states. But, what happens if it does pass? What will change? Well, for one many more Americans can buy their much-needed and much-wanted medical marijuana.
And for merchant, the opportunity to open a dispensary arises. But here in lies the issues. It can not only be hard to get your dispensary opened, but also to get it funded and toy accept anything other than cash payments. Since this industry is still in the “high risk” category, it can be hard to find a cooperative marijuana merchant account provider – but it isn’t totally impossible. You just need to know what to look for.
You need to look for a processor that understands the industry. You need to know that they understand that it is a tough industry, and that the Fed’s still hate it and make it tougher every day for merchants to become successful. You need to know that they are looking out for your best interests – and not just their own financial needs.
Once you find this merchant account provider, you still need to make sure that they truly understand the issues in the business, and that they keep up on all changes that come along.
Summary: More and more Americans are wanting legalized pot. In this article, you will learn how this can benefit merchants across the States.