Tag Archives: Medical Marijuana

Virginia Governer Legalizes Liquid Cannabidiol for Epilepsy Patients

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State of Virginia map pinVirginia Governor Terry McAuliffe signed into law a Virginia bill legalizing cannabidiol for patients suffering from severe epilepsy. Cannabidiol is a non-intoxicating form of cannabis that is used to combat certain mental disorders as well as physical conditions. Virginia is now the 12th state in the past year to legalize cannabidiol. Yet, critics of the bill claim that it’s essentially a paper dragon signing as cannabis production is not legal within the state.

Cannabidiol is non-psycho active meaning it does not intoxicate users to feel a high. Unlike THC, this means that users of canibidiol have minimal side effects making it a preferred option among healthcare providers. Cannabidiol does not interfere with mental facilities because it does not use the same pathways within the brain as THC. Cannabidiol even goes so far as to serve as a foil for the negative side effects of THC such as paranoia and and memory impairment.

Research studies on human subjects have been extremely limited with cannabidiol. To date, the overwhelming majority of clinical trials have been on animals. However, in those trials, cannabidiol has shown positive results in reducing nausea and vomiting as well as combating cancer tumors and cells making it a natural research choice for cancer research efforts. It also combats psychosis disorders, is an anti-convulsant, an anti-depressant, and effective against neurodegenerative disorders.

Organizations supporting legalization efforts around the nation decry the bill as useless as cannabis production is illegal in Virginia. Federal law prevents cannabis being transported across state lines meaning that while its use is legal in Virginia, in order to supply it federal law must be broken at some point along the way. This creates a highly risky environment for merchants in an already risky industry.  As it stands now, merchants have a hard enough time finding medical marijuana payment processing for their business much less dealing with Federal laws restricting their supply. The high risk nature of the industry creates complications not present in other industries that further impair the market’s development.

While the headline seems like a positive step, the reality is the lack of reconciliation between state law and Federal law make the signing a moot point. Legalization for cannabidiol is a positive step for medical marijuana patients, but access to cannabidiol remains a risky proposition. Thus, the Virginia Governor’s decision is not widely lauded as a major step forward for legalization efforts within Virginia.

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With Great Cash Comes Greater Struggle

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marijuana-money-profits-earnings-medical-marijuana-projectWhen you legalize an industry that has been illegal for too long, the changes to the business landscape of such a change are plenty. This is the case with the marijuana industry, whereby an increasing number of business opportunities are emerging, with people using their imagination to come up with new ways to capitalize on this opportunity.

As per the 2010 Cato Institute paper The Budgetary Implications of Drug Prohibition, the potential size of this industry is in the region of $14 billion – a staggering number for an industry that is expected to grow further and become even more colossal.

As you can see, the prospects of marijuana businesses are certainly on the high. The competition is relatively low, and there are still unexplored areas that creative businesspeople can make the most of. So if you are one of many people who are unable to resist the lucrative charm of this newly legalized industry, there is little reason for you not to go for it. The cash is good, and the there is no lack of ways that this cash can be made.

However, and this is a major however, banking services and other financial institutions haven’t quite embraced this industry as yet. Despite its legalization in several states, the federal government still considers marijuana as an illegal narcotic. The result? Your business is considered high risk, and most financial institutions steer clear of any opportunity to allow you loans or do business with you of any sort.

But, this isn’t your biggest challenge. Your biggest challenge, instead, is getting access to a merchant processing account, without which you are unable to accept credit card payments. It’s almost like a treasure chest right in front of you that you can’t touch. So much cash, and at the same time, so much struggle too. Every business needs a merchant account, but what you also need here is a provider who actually understands you, your business, and its needs. This is what we, at marijuana-merchant-account.com, do best.

At marijuana-merchant-account.com, we are dedicated to getting you the best marijuana payment processing services around, allowing you to immediately start accepting credit cards and making the most of this opportunity. We know the story behind this apparently controversial business of yours and therefore, address all the issues and provide you with just the merchant processing services you are looking for.

All you have to do is reach out to us, and you will be reaping benefits of this emerging and extremely lucrative marijuana industry in no time. At the end of the day, you retain the cash part, while we deal with the struggle. Win-win.

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Why Marijuana Shouldn’t Be A Big Deal

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imgresFew things are as controversial and under the debate as the legalization of marijuana. Quite recently, Republicans have tried to form a case of medical marijuana, claiming that the use of the plant should be allowed to treat epilepsy patients. The problem, surprisingly, emerges from a specific characteristic of the cannabis plant. Yes, you guessed it right – the problem policy-makers apparently have with marijuana is its virtually harmless ability to give you a high. Ludicrous, no?

Now this is a little confusing. What about the likes of Xanax and Ativan? What about other prescription pills? What about alcohol? All these are legal because they serve a purpose that outweighs any negative aspect, right? The question, therefore, to be asked is that when such purposes for marijuana are being found, why the hypocrisy?

No one seems to be worried about the buzz that generates from alcohol and the accidents it continues to cause on a daily basis, or how these prescription drugs help you take the edge off. However, when it comes to marijuana, hypocrisy echoes the arguments that favor its prohibition. It is confusing at best, and the arguments that champions of its prohibition present are starting to seem shaky. An example of this is the legalization of this once illegal narcotic in a few, if not all, states.

Truth is, Republicans are pushing for medical marijuana and there seems to be nothing wrong with that. If patients can escape countless hours of suffering at an expense of a little buzz, how is this possibly a bad deal? Moreover, the benefits are not just limited to curing diseases, but this potential legalization also poses a very viable business opportunity for an unexploited niche. Imagine the benefits to the economy.

While selling medical marijuana can certainly be a lucrative venture, it is not without its problems. The biggest issue is that even if you have the legal certification, you will struggle at the hands of different financial institutions, as they will look at your business as a high-risk one. This would mean that you would be left without a merchant processing account, leaving you unable to operate as you will not be able to accept credit card payments.

At marijuana-merchant-account.com, we come to your aid, understanding your business and providing you with the best medical marijuana payment processing services. We are on your side of this debate, and therefore, don’t turn our back on you. If it is a merchant processing account you need, you are in safe hands with us.

As soon as you sign up with us, you can start accepting credit card payments, set your business in the right gear, and start making the most of this newly emerging business of legalized pot.

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Medical Marijuana Growing Tips

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8Are you new to the marijuana industry? Could you use some tips on the marijuana growing process? The following tips are meant to help you as you get started. The goal is to grow the most potent marijuana that is legally possible – a successful product. In order to do this, you need to have a wealth of information at your disposal concerning marijuana seeds, germination, marijuana plant sexing, hydroponic techniques, indoor cultivation, outdoor cultivation, etc.

  • Changing your grow lights is an important task to complete on a yearly basis. Why? If you don’t, the color spectrum effectiveness will lessen over time.
  • Don’t be afraid to experiment with fertilizers in your grow garden. Doing this will confirm which fertilizer works best for your plants and therefore for your entire garden.
  • Don’t overlook important small details, such as using Ph meters if you are growing hydroponic marijuana. It is crucial in this case to have the correct measurement.
  • Allow your plants to have time and space. If your grow room is in the middle of the night cycle, be sure to led the plants have time on their own.
  • Sterilization is not just for the hospitals. Be sure to sterilize both your clippers and your scissors. Wash your hands regularly as well to cut down on the bacteria and fungus – it is very easy to contaminate your grow room. This point is so crucial that some growers have taken sterilization even further by using a fungicide on seeds both before and during the germination process.
  • Make sure to fulfill your cannabis plants need for fresh air. Like any other being, these plants thrive when they have a routine. Providing adequate ventilation cycles will not only help increase your plants growth rate but also speed the maturity process.

Are you ready to get your foot in the door in this industry? Have you already begun, but have encountered the obstacle of finding a payment process provider that is reliable, reputable and safe? Finding medical marijuana payment processing is not easy with the industry labeled as “high risk”.

With marijuana-merchant-account.com, you will not only find a marijuana merchant account that is suited to your needs, but you will also find an application process that is simple and hassle free. Upon approval, you can expect to receive your funds quickly and without the endless, tedious documentation requirements.

Ready to Grow, let us help with your business funding! Click below to get started below…

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Medical Marijuana Breeding just as Attractive as Growing

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medical marijuana payment processingDespite the use of marijuana still being illegal on the federal level, businesses still continue to grow and prosper under the legalization of the substance in some states. Some growers have gone as far as beginning to breed. Breeding is becoming just as important and attractive in the industry as growing.

According to High Times writer, Harry Resin, a grower located in Amsterdam has been involved in marijuana growing for some time. This grower, Soma, began breeding in Florida as early as 1974. The warm temperatures of Florida seem to help the growing process immensely.

So far, Soma has been able to harvest seeds of his own after planting many different varieties. The seeds he has used include Thai, Laotian, Asian, Afghan and Cambodian. He has discovered that crossing two plants results in a stronger and more potent product than its parents. Even better, these plants yielded larger buds that were also frostier.

For many, the breeding aspect of cannabis has become more exciting and addicting than the harvesting part of the business. There are several breeding tips you should consider, in light of the experiences of breeders and growers like Soma:

  • Be sure to double check the seeds. When you receive a pack of seeds, be sure that you check and determine approximately when they will be finished.
  • Be careful not to make watering mistakes. Over watering is a beginner’s mistake in this business and will definitely cost you dearly.
  • Over fertilizing is also a mistake that is made often. When this happens, the whole crop of perfectly good seed can be ruined.
  • When in doubt, let it flower longer. Even if you feel that the buds look ready, it is very easy to pick them too early. By waiting a week longer, you are more likely to pick them when they are at their maximum yield and flavor.

Are you one of the many entrepreneurs seeking to enter the medical marijuana business? Have you begun the process of growing and harvesting? If you have, you’ve probably also discovered how difficult it can be to secure funds and safe payment processing in this industry. Things have come a long way for medical and recreational marijuana, but there are still many obstacles to overcome.

With marijuana-merchant-account.com, you can expect to receive your funds quickly and hassle free. Spend more time refining your skills and less time worrying about paperwork and how you can make the purchasing experience stress free for your customers. Medical marijuana payment processing could be the answer you’ve been looking for.

Contact us for medical marijuana payment processing…

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The Task of Merging the Medical Marijuana Market with the Recreational

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marijuana-3000-2000-wallpaperSince the very beginning of the push for the legalization of marijuana, the industry has experienced challenge after challenge. First, the battle for the legalization of medical marijuana raged. With the substance being illegal on the federal level, the issue of funding, or the lack there of, became – and still is – a struggle for those attempting to enter the industry.

The continued push for the legalization of not only medical marijuana, but also recreational marijuana has led to a new challenge: how to merge the medical use market with the recreational market. At present, Colorado and Washington are busy going over how to implement a full legalization system that will function along with the current medical use system.

One of the reasons behind this push is the need to cripple the black market while also converting smokers to the regulated and legalized system. The answer seems to be the combining of the two systems with the hope that doing so will shut down the black market dispensaries currently supplying a considerable amount of the marijuana market.

The fact that legalization is still up in the air in some states and that other states are battling the challenges that follow legalization means the industry continues to be a challenge for businesses wishing to achieve success. That being said, payment processing solutions are an important issue for startups and current businesses. All options must be considered if a business wants to make it in this industry.

For many undergoing the struggles of the marijuana industry, marijuana payment processing has become their solution. The internet is the best place to find these options. Marijuana payment processing solutions are offered for both retail and delivery dispensaries; these solutions allow patients to pay with their credit card, debit card or savings account.

The advantages are that patients are not kept waiting by having to use ATM machines and experiencing network ATM fees. Marijuana-merchant-account.com has been helping medical marijuana dispensaries with payment processing for nearly 10 years. They gladly help businesses reach their financial goals by offering clients a full suite of payment processing options.

Contact a representative today to learn how they can assist you in making your business run smoothly while also providing customers with a fast and hassle free experience.

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