Marijuana Business Funding Options | Marijuana Dispensary Merchant Accounts

California was the first state to legalize medicinal marijuana, but has fallen behind in the efforts to legalize it for recreational use while Colorado, Washington, Oregon, and Alaska has successfully started selling and making profits from marijuana sales. It was thought undoubtedly that California would have been the first state to legalize recreational marijuana, but with California’s different campaigns and multiple population centers, it has been hard for everyone to focus solely on the marijuana legalization campaign. Here are a few things that it would take for California to legalize marijuana.

The most important and main step to take for California to legalize marijuana is to actually have the campaign be the main focus during the election. The last two elections had too many competing initiatives that refused to work together. Given, California has other initiatives such and education and healthcare that need to be addressed and many are not willing to unite together to spend their funding and time into a campaign that contradicts their belief system. It will take everyone’s resources and efforts to really get the marijuana campaign noticed in the state.

Let’s say the reform community unites and large contributors follow, the next step would be having money to fund the recreational marijuana campaign. It will be no easy feat, it took Oregon 4 million dollars in campaign spending to legalize the drug and that was a smaller state. It would take an estimated 18-20 million dollars to legalize marijuana in California and additional millions for behind the scenes spending. The signature requirement is much higher in California compared to other states and has more population centers around the state, which translates to more money needed to have stronger media campaigns in the population centers. Now, if the funding for the campaign were met, to successfully win the vote to legalize marijuana it will require a strong campaign team.

A strong campaign team will be needed that consists of California reform leaders and members from other successful campaigns that are willing to focus on the legalization of marijuana. If these groups of people got together then surely marijuana would be legalized. Join California’s marijuana industry by receiving marijuana business funding with marijuana-merchant-account.com. Become a marijuana merchant and join the already thriving industry.

All hope is not lost for California in their pursuit to legalize marijuana. By chance, the California Legislature could even legalize marijuana before the election and save time and money in campaigning, but without relying on that, the listed steps would be needed to see legalization happen in the state of California. California is relentless in making change happen, if the 2016 election doesn’t prove to be successful, there will always be the years onward to fight to legalize their beloved plant.

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A new solution for medical marijuana businesses may be floating on the horizon. Since the recent push for the legalization of medical marijuana in certain states began, those who have ventured to start a business have encountered the same recurring issue – marijuana is still illegal on the federal level. This being the case, funding can be difficult if not impossible to find.

Regardless of medical marijuana being legal in Colorado and 22 other states, some marijuana store owners have had twenty plus bank accounts closed over time due to the nature of their business. As a result, the majority of these entrepreneurs are forced to operate as an all-cash business. It goes without saying that operating in such a way can be very dangerous. It is also time consuming and costly.

Fortunately, a new credit union been formed specifically for marijuana businesses promises to change things for the industry. The Fourth Corner Credit Union has a support group of attorneys, legalization advocates and business owners who see the potential of the industry; unlike the traditional bank owners who only see endless legal problems.

With this new credit union, business owners can expect to have safe and steady business accounts. They will no longer struggle to keep one as before and be forced to operate with cash only. They will also save considerable amounts of time since tracking cash and double checking ledgers will no longer be necessary.

The business will be not only be easier for the owners but also for the employees. For those without bank accounts, issuing paychecks is impossible. Wads of cash have to be sent home with employees on their pay days.

The fact that so much cash is lying around – and criminals are aware of this – makes it very dangerous for both employees and owners. Safety will be one of the biggest advantages of the new credit union and what it has to offer businesses. Moving cash to discreet locations for the safety of employees and customers will no longer be necessary.

The credit union means government regulation of businesses will be possible; thus, greater transparency and the ability to accept credit cards. Like never before, the government will be able to monitor for drug cartel activity. The operation of medical marijuana businesses will become a little smoother for all involved.

In the meantime, another option for businesses to consider is finding a payment processing provider that offers medical marijuana merchant accounts. These providers are comfortable with the “high risk” aspect of the marijuana industry and offer safe solutions. With marijuana-merchant-account.com, the application process is simple and hassle-free. You can steer clear of the endless documentation requirements and obtain your funds quickly.

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