Dispensaries are teaming up with Hospitals and Universities

Posted on June 26, 2014 by admin

Medical marijuana dispensaries are gearing up to team with hospitals and universities, in areas where medical marijuana is legal. This is fantastic for patients who would rather rely on the natural benefits of medical marijuana rather than pills. While this is not yet set in stone, it represents a great opportunity for those who are interested in being medical marijuana merchants.

Medical marijuana dispensaries are not only helpful to the community, but they can also be lucrative. There is a high need for these businesses, yet many are hesitant to invest in these businesses due to many factors, from ever-changing regulations to difficulty finding an account processor. While there is very little that the public can do about the fast changing regulations, there are options available to those who are having a hard time locating a willing bank to provide a merchant account for their medical marijuana business. One of these options is marijuana-merchant-account.com.

Marijuana-merchant-account.com, or MMJ, is one of the top marijuana merchant account providers in the United States. We have over 10 years of account and processing experience within the medical marijuana industry, and we know the hassles that can come with the fast-changing regulations. We will keep you abreast of new and changing regulations, so you can help your business, and customers, stay on the right track. We offer top of the line security, software, and terminals to help keep your company safe and secure. In additional to traditional terminals, we also offer wireless, more streamlined terminals, which is great if you have a small workspace. Regardless of the size of your business (or prospective business), MMJ is here to help you.

Medical marijuana dispensaries are gearing up for partnerships with hospitals and universities. While these agreements are not set in stone, they are promising to medical marijuana users and merchants. This is the perfect time to consider operating a medical marijuana business, and your first step should be locating an experienced and reliable medical marijuana merchant account provider. You should look no further than MMJ.

For more information, click below and get started today!

Cannabis Cooperative Gives New Hope to the Industry

Posted on June 6, 2014 by admin

The creation of cannabis co-operatives by state lawmakers may never have a chance to get off of the ground. The state of Colorado recently approved a plan that is meant to help marijuana stores deal with the enormous cash sums they experience. In September 2011, the last bank in the state of Colorado closed its doors to working with medical marijuana businesses. This action forced businesses to operate in cash-only, which obviously leaves the owner in a very risky situation with no place to deposit their money.

According to an article on May 12^th by the National Cannabis Industry Association, “State lawmakers late Wednesday night approved a law giving marijuana-store owners the right to create cannabis co-operatives, which would operate like banks or credit unions. Gov. John Hickenlooper previously indicated he would sign a slightly different bill but has repeatedly called on federal lawmakers to change laws on the national level.”

The bill is being co-sponsored by Democrat Sen. Pat Steadman and Republican Rep. Tom Massey. Senate Bill 75, if passed, would allow medical marijuana businesses to create cooperatives that would be regulated similar to credit unions while also being insured by “non-federally backed” insurance policies. Brian Vicente, of marijuana advocacy group Sensible Colorado, informed The Huffington Post that “Colorado’s tightly regulated medical marijuana businesses need banking that allows them to operate like other state licensed businesses.”

Under the proposed bill, cannabis co-ops would be able to provide banking services like issuing checks and electronically transferring funds. However, this can only happen if permission is given at the Federal level. “Most everyone agrees that banking needs to be fixed at the federal level. However, Congress appears to be unwilling to act, and Coloradans don’t have time to wait,” said Mike Elliott of the pot lobby’s Marijuana Industry Group in a statement to Coloradoan. “(This law) is likely not a solution to the banking problem but an opportunity to move the conversation forward.”

Marijuana store owners are in support of the Colorado co-op bill, saying they are tired of playing games with the banks. Having accounts closed by banks and having to open accounts using benign names is not only stressful, but it also leaves the owners at risk to crimes since the public is well aware of the industry being forced to operate in cash-only.

Elan Nelson, spokeswoman for Denver-based marijuana store Medicine Man, revealed her opinion to the Coloradoan. “While the cannabis co-op law likely won’t directly lead to changes, it’s a place to start”. She also stated that “It will probably go nowhere, but we have to start having the conversation at the federal level.” For now, business owners will have to find safe payment processing options and merchant accounts that are safe for the high risk involved in the marijuana industry. marijuana-merchant-account.com, for example, provides merchant processing services to marijuana dispensaries.

To start your Marijuana Payment Processing, click on the button below

The Concern with Marijuana Cultivators Water Use

Posted on May 1, 2014 by admin

Marijuana cultivators illegal and legal in Northern California are possibly draining all the water from a region that is shadowed in drought. The streams and rivers are already running dry and the cultivators are sucking what little water is left out of them.

California Department of Fish and Wildlife are finding streams that will probably dry up this year, and the agency feels it is more than likely the marijuana cultivators behind this serious problem.

“Essentially, marijuana will consume all the water that is left, every bit of it, “said State Fish and Wildlife Senior Environmental Scientist Scott Bauer, who specializes in salmon recovery who is currently working on a study of this problem. Hopefully these finding will be released soon, and we will know the real impact of this unregulated industry.

California has been on the radar for a while for polluting the streams and the forest with the use of pesticides and trash. California also has had a history of bulldozing trees and earth to make clearings for gardens.

A red flag goes up when the State Fish and Wildlife see a huge spike in water usage; this is usually an indication that there is a very big possibility that you will find a pot cultivation operation being run.

Over time this increase in water usage will add to the drought conditions, which in turn will add to the habitat degradation and kill off the restoration efforts that many have worked to replenish, and replace.

“The destruction of a habitat is actually quite staggering” said Patrick Foy, a spokesman with the State Department of Fish and Wildlife. “Last year, 24 North Coast salmon-bearing tributaries were reported to have gone dry, though not all were verified by the agency” said Bauer

Even if California was not having a problem with drought there still would not be enough water for the marijuana cultivators because the plants require a vast amount of water and the industry is growing rapidly.

Illegal marijuana was confiscated in California by law enforcement recently it totaled between $2-4 million dollars annually it was estimated that the cultivators used 1.8-billion gallons of water over a five-month growing season which was based on the average water usage documented in a study.

Satellite images, give researchers the information they need to determine that approximately 30,000 legal and illegal marijuana plants are growing all along the four major watersheds just in Mendocino County alone, and there are probably tens of millions more in neighboring Humboldt and Lake counties.

Each plant consumes an average of six gallons of water a day, so the plants in question located in Mendocino County probably consume 180,000 gallons a day from each watershed, which is the size of a 160 foot Olympic-sized pool/spa.

New Yorkers Overwhelming Support Medical Marijuana and the Passage of the Compassionate Care Act

Posted on April 9, 2014 by admin

In a poll conducted by Quinnipiac University released on February 17^th, it was revealed that 88-9 percent of New York voters support the legalization of medical marijuana. In another poll, 57-39 percent of voters support the legalization of small amounts of marijuana for personal use.

It should come as no surprise that New York is overwhelmingly for the legalization of medical marijuana. Since 1997, the Compassionate Care Act has been floating around waiting to be seriously considered. According to the Compassionate Care NY website’s description of the Act, “The New York proposal was drafted with careful, strict controls: under tight regulation, a patient who has been certified by a healthcare provider to use medical marijuana would register with the New York State Department of Health and receive a patient identification card. Specially approved organizations — such as hospitals or community health centers — would dispense the medical marijuana to registered patients, under DOH supervision.”

Especially with the success the Marijuana industry has experienced in Colorado upon medical marijuana being legalized, New Yorkers are hoping that now is finally the time for the Compassionate Care Act to finally be passed. In an article on HuffPost by Christopher Mathias with State Sen. Diane Savino (D) (sponsor of the measure), Savino “told HuffPost that she “easily” has enough votes to pass the bill now, even if not every one of those senators has publicly announced his or her support.” A confident Savino also revealed that her confidence stems from knowing she has 40 votes to pass the bill, which is ideal considering that the bill only needs 32 yes votes in order for it to be passed.

In an effort to work around the waiting process, Gov. Andrew Cuomo (D) revealed a plan to help those who desperately need the help of medical marijuana as they combat serious, specific illnesses. The governor’s plan involves a limited medical marijuana program which does not require the normal legalization process. In the article on HuffPost by Mathias, he writes that “Under the governor’s plan, medical pot is available at 20 hospitals for people suffering from specific illnesses. Savino has called the plan “unworkable” and expressed serious doubts that the federal government would allow it.” Some patients suffering from illnesses that are in need of such treatment have even considered moving to Colorado now that medical marijuana has been legalized there.

While there is interest in using marijuana for personal use, as seen in the poll revealing a vote of 57-39 percent, it seems that the big push here is for the use of medical marijuana to be passed for the betterment of patients. Many people are upset that the Compassionate Care Act has been sitting on the back burner for so long. In an interview with HuffPost’s Mathias, State Sen. Mark Grisanti (R) stated, “It’s time to put politics aside, and put people first.” For now, New York State will simply have to wait for the legalization of medical marijuana to be passed.

55% Favor Marijuana Legalization in California

Posted on December 10, 2013 by admin

Marijuana Business Daily – December 5th, 2013

The majority of Californians now favor legalizing marijuana for the first time ever, according to a new Field Poll.

The survey, which includes responses from 1,002 registered Californian voters between Nov. 14 and Dec. 5, found that 55% now favor legalization.

Just 31% said they support strict enforcement of the current laws or the passing of tougher laws governing marijuana. Another 12% said they support the current ban on recreational cannabis but believe the government should ease penalties.

Breaking the Taboo: How to Get the Right Medical Marijuana Merchant Account

Posted on October 8, 2013 by admin

Getting a merchant account for your medical marijuana dispensary business has been an issue for growers and sellers of the past. Not anymore. Just search online for a merchant account for medical marijuana and it will take you to the sites that will get you the high risk merchant account you need, including us, here at marijuana-merchant-account.com.

Just take the time

Sellers of this Medical Cannabis have a hard time getting a medical marijuana payment processing account because of the legalities and the ‘on the go’ status they have had in the past. But with the increasing legalization of the product, many merchant account servicers are changing their minds and willing to jump into the ring of profits. Slowly, the realization of the farce that has occurred with this herb is coming to light, and the states are changing how they view it.

Look it up

If you are a medical marijuana seller, take to the internet and search for merchant account servicers that are willing to help you with your business. There are more out there than you think. Take in all the information that they provide and ask questions. They have a lot of options for you and all you need to do is access the information.

Your search

You will need to type something in along the lines of “merchant account for medical marijuana” and see what comes up for you. Your options will be many.

Check out

Take the time to compare the sites and the per transaction fee. Find out if you are going to have an annual fee to pay and what it will be per month for your account. Always look to see if you are going to have any hidden fees and don’t be afraid to contact them. A lot of the merchant account servicers have a ‘live chat feature’ and they would be very happy to help you out.

Better, but still touchy

The medical marijuana market is still on the touchy side, but the stigma is desisting. As states begin to legalize the market is growing a little more stable for those of you that sell it. It will take time to grow out of the problem, in the meantime, take some steps to stabilize your business and help it grow.

No matter where your customers are coming from, they will need you market your product and make the payment system easy and effective. Good luck with you endeavor.

A step by step guide to setting up your medical cannabis merchant account

Posted on September 27, 2013 by admin

First and foremost, you need to know that when you set up your merchant account you will be in a high risk account. Don’t be too afraid of that. Most of the nation’s accounts with the merchant’s servicers are in the high risk pool. When you set up your marijuana merchant account, you will need to secure a servicer that is willing to do business with you.

1. Make sure your license is in place and you can provide proof of business when you sign up for your merchant account.

2. Find the best servicer on the market. Negotiate your fees.

3. Be prepared for obstacles and higher per transaction fees.

4. Notice that you have a high risk account

5. Be prepared for a hold back on every transaction for the first 3-6 months.

6. Look for someone that can get you a wireless credit card processor to process payments no matter where you go. You might need extra batteries and a wifi connection to get things working. Be prepared for that.

7. Follow the rules and all should work out just fine.

Due to the areas that medical marijuana clinics work, their connections have been unstable at best. There are now marijuana merchant account services ready to help take care of the challenges faced by these sellers. They have offshore banks ready and prepared to assist in the business practices of medical marijuana clinics and sellers.
Do your research to locate the best one for you and your business. Good luck with your endeavor.

How to get Medicinal Marijuana Merchant Services

Posted on August 29, 2013 by admin

The medicinal marijuana industry is still not considered a legal operation under the federal law of The United States. This not only makes it difficult for medicinal marijuana dispensaries to work in peace even in the states where they are legal, but the industry also finds it very difficult to process payments . Even when the industry is legal in 17 States, most credit card processing companies and banks follow the federal verdict against the industry and mostly refuse to provide any services to the business.

Despite the federal law against the marijuana dispensaries, medical science and new researches prove that medicinal marijuana is very effective in treating different types of diseases and medical conditions. With more awareness among masses and education about herbs and medicinal importance of marijuana, the business is generating some good revenue for business owners. This is one of the reasons the demand for medicinal marijuana merchant accounts is greater than ever today. With federal restrictions, many banks and merchant account providers are hesitant to provide payment processing services even to the legal marijuana dispensaries because of inconsistent legal clouds around the industry. This makes it hard for business owners to find a good and reliable merchant service for their business but it is not entirely impossible.

With the growth of online merchant account providers in the last few years, there are many companies that are willing to provide payment processing services to the medicinal marijuana industry. The services are mostly provided under the category of high risk merchant accounts with special terms and conditions. Even when the top credit card processors blocked their services to medical marijuana merchants in July 2012, many merchant account providers found alternates from the diverse options available in the payment arena to continue their services to their clients. Many account providers came up with new and innovative payment procedures that qualify and provide for the needs of the medical marijuana industry.

With good numbers of online merchant account providers available with a large variety of payment solutions specially designed for the medical marijuana industry, the decision to choose one is becoming a difficult one for owners of marijuana dispensaries. Business owners need to do detailed research before making a decision about the authenticity of account providers, their payment processing method and the history. Go to online review sites that can help you read some reviews about the past customers that can help you in making a decision. Make sure that the payment procedure used by the company suits your business, look for the history of the company and their consistency in providing services. Learn if they have a history of blocking and reactivating accounts for medicinal marijuana dispensaries again and again under the federal pressure. If this is the case, avoid such company and look for options that have a history of consistency. There are several payment processing methods offered by different companies, but point of banking programs are the most used for medicinal marijuana merchant services.

For the medicinal marijuana industry, the business is evolving and thriving at the same time. New investments and money are pouring in, with the awareness about the benefits that medicinal marijuana have. The only thing that can help you take advantage of the large demand of your product is to find a good medicinal marijuana merchant account that can simplify your payment processing.

What effects on America does Sanjay Gupta’s recent opinion on Medical Marijuana have?

Posted on August 22, 2013 by admin

Marijuana is one of the most controversial conversations of the century and if you went back in time, you could see that William Hearst had a hand in the problem. Along those same lines, the medical marijuana community is divergently changing the minds of many politicians and scientists. Getting the real information into the public’s hands and educating as many people as possible.

We all know that herbs are a good thing to have for one issue or another. And we also know that too much of a good thing can make you sick. Scientists are discovering the benefits of marijuana and sales have been riveting. Merchant’s services accounts have sky rocketed, as well as the mobile sales devices.

Merchant accounts for high risk businesses are tricky at best, even though our airlines and movie ticket sales are developed through high risk merchant accounts. Marijuana sales are grouped right in that sales arena.

Sanjay Gupta to the rescue

However, with the bravery of Sanjay Gupta, CNN’s chief medical expert, things are changing. With his bravery and his initiative of a documentary, more people are communicating, about the sales of medical marijuana, than ever before.

With the onslaught of media and social media firing up the airwaves, the discussion just got fiery hot. Gupta is showing the medicinal reasons we need this drug on the market, not hiding it in the dark corners. For over eighty years, the government hid it from us because of a newspaper man, who deemed it as a class 1 narcotic with no medicinal means to it.

The truth shall prevail

If this drug can assist with medical issues, why wouldn’t we use it? It’s a natural product and could be a wonder drug. If we don’t explore the issue, how are we to learn the positive aspect to this drug? We already know the negative areas that it can affect. How about we turn that around and do something good with it?

A dream

With knowledge, it stomps out ignorance. With education it reveals the truth and lets the fallacies float away. The same goes with the argument of marijuana. It has suffered years as the drug that does us no good. It suffers under the high risk merchant account problem areas. And it causes the issuer problems if it is found in the seller’s car in the wrong state.

Sanjay Gupta has come to the rescue of many people, but his information is slow in coming, and may very well not reach everyone before they have suffered under the legal side of the issue. The day is coming, that the drug that William Hearst used to save his business, will be released to the masses to assist with pain, disease and other problems. It will no longer be the scapegoat to the prohibition era, and no longer be classified as a class one narcotic, evermore.

How William Hearst influenced the war on Marijuana

Posted on August 21, 2013 by admin

William Hearst waged a war on marijuana to take away the competition using any means necessary to stabilize his livelihood. Unfortunately for the American people he had political pull and he wasn’t afraid to benefit by using his strong influence. Back in the roaring twenties, as we came into the technological age, our beliefs and things we understood, were antiquated at best.

The black cat was still to be feared. Polio was a killer and so was the common cold. People still believed that bleeding a person was the only way to save them. And in among all this geriatric learning we did, one evil was traded for another.

Hearst’s influence

Hearst joined the wealthy DuPont family who held many exclusive patents on chemicals used in manufacturing paints, plastics and paper that could become worthless if hemp products became widely available. Hearst was fearful of the affects those products would have on his paper mills and other businesses. So they formulated a plan to prevent the cultivation or importation of hemp products into the United States as many men do when they’re threatened.

With his friends of fancy and plans being laid, the Volstead Act was worked on until he had it abolished and replaced with the war on drugs. This circle of influence reached to the highest of our politicians. Whether or not they knew they were being used, is entirely up to history. Between 1930 and 1937, Hearst and the DuPont Empires, had convinced several states to outlaw marijuana possession and by 1937 “The Anslinger Act” – formally known as the “Marihuana Tax Act of 1937” – was passed by Congress. It imposed a prohibitive tax on the cultivation and importation of hemp and hemp products and criminalized marijuana use at both the state and federal levels.

Using his paper

He began the war with his newspaper and surreptitiously began attacking the DuPont’s and their empire. All the while, being very wily and fox like. His articles were scathing, and bringing forth the evils drug lords and pot smokers could do. He was terrifying the quiet house wife, and preaching to all those that would listen.

The newspapers of the time were known as the Muckraker’s for a reason and William Hearst and the influence he derived, was no exception. He had no problem with assisting in the continuation of fraud, fear and keeping the balance on his side of the sidewalk.

It was so devoutly done that in 1937 Marijuana was outlawed and alcohol became legal to have again. The Speak Easys died away and Hearst held onto his empire.

All that legal wrangling done over eighty years ago and we still have issues with the marijuana trade. It’s also a part of the high risk list for merchant accounts. Right along with airline tickets, musical tickets and simple things that we all rely on daily. Who would know, that William Hearst’s ramblings in his newspaper would still have a handhold on us almost a century later.

Although we know that people that use the marijuana respond differently to it. Some have no effects and others have grand ramifications. The point is, this little weed and other high risk merchant accounts have difficulties reaching a decision because of their fly by night methods. Because one man deemed this plant something of evil, and beyond reason, several other industries followed.

So, when searching for something, the lesson is, don’t discriminate until you have the entire story. You have no way of knowing, how it will affect everyone.

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Tag Archives: Medical Marijuana