U.S. Legalization Of Marijuana | Marijuana Dispensary Merchant Accounts

unnamed The use of cannabis in the U.S. has been increasing rapidly over the last decade. However, you might be surprised to hear that it is not because of legalization. A recent study in the journal Addiction confirms that the growing number of state laws and pro-pot policies – that allow legal use of both medical and recreational marijuana – are not the reason behind increased usage.

“Marijuana policy liberalization over the past 20 years has certainly been associated with increased marijuana use; however, policy changes appear to have occurred in response to changing attitudes within states and to have effects on attitudes and behaviors more generally in the U.S,” the report says.

To arrive at this information, researchers from the Public Health Institute Alcohol Research Group analyzed data from National Alcohol Surveys. Following this research, the changes in marijuana use was compared with changes in state laws. Even though 29 states and Washington D.C. have either medical or recreational laws in place, the increases in use were “primarily explained by period effects.” These “period effects” refer to societal factors that affect populations across age and generational groups.

“It only makes sense,” says The New York Times. “Policy changes occur with changing tides, and the societal tide change in how we view marijuana as a culture has become a mainstream phenomenon.”

The findings of this study are being used to support the argument for continued legalization. Many hope that this assessment of the national temperature on the subject will encourage more acceptance and boost the marijuana industry. Operating within this industry is still incredibly challenging for those brave enough to battle the endless obstacles. For example, merchants are still unable to secure the payment processing they need to operate safely (many are forced to operate in cash).

Full Service Payment Solutions for the Cannabis Industry

With Marijuana Merchant Account, cannabis merchants can quickly secure a merchant account and have it setup in a matter of days. MMA boasts a large network of lenders and equity groups, and offers marijuana businesses short term cash advances and capital for expansion. Easily accept all card types (American Express, Visa, Mastercard and Discover) and utilize recurring payments for memberships, discounts clubs and more. You can also accept checks over the phone via MMA’s e-check processing services. The straightforward application process can be completed in a matter of minutes. If your business is struggling to obtain a merchant account or your account has been suddenly closed, consider what a marijuana merchant account can do for you.

Much has been said about the battle for legalization of marijuana in the states, but how is this legalization process affecting the illegal scene? According to recent reports, the U.S. legalization of marijuana has really begun to cut into the Mexican Cartels’ smuggling of the substance. U.S. Border Patrol Agents stationed along the 2,000 mile-U.S. border have not seen nearly the amount of marijuana that has been confiscated in previous years, though the smuggling of other kinds of drugs is increasing.

The quantities of marijuana confiscated by the U.S. Border Patrol continues to steadily fall. In 2011, 2.5 million pounds of the drug were seized. In 2014, this amount decreased to 1.9 million. While agents are working hard to keep the border safe, the drop in seizures seems to be from more than just law enforcements’ efforts.

The wave of U.S. marijuana legalization seems to be the big reason for the hit to the Mexican Cartels’ trade. In 2012, both Colorado and Washington State legalized marijuana. Alaska, Oregon and D.C. followed shortly. The U.S. growers have begun to build a budding industry. These gourmet products have even been given exotic names; such as, White Widow, Oaktown Crippler and Golden Goat.

Drug policy reformers have used this as support, saying that the care taken by American dispensaries in labeling their drugs based on how strong they are plus the market shift away from Mexican gangsters demonstrates that people are willing to buy the product from a legal tax-paying business.

As the marijuana industry continues to grow at a pace that has made it the fastest growing sector of the U.S. economy, analysts are trying to determine what the long-term effect on the Mexican cartel finances and violence will be. It will hopefully mean less cash for the cartel to buy weapons and bribe police. In addition, there will hopefully be a continued decline in murders in Mexico.

Even with the industry booming in the U.S. where it has been legalized, the fact that marijuana is still illegal on the federal level means securing business funding from traditional lending sources will continue to be difficult, if not impossible. When some marijuana businesses have encountered this issue, they have turned to alternative funding. Marijuana payment processing has become a great option for business that need a provider willing to work with their “high risk” categorization while also providing them with a fast, simple and hassle-free experience.

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Tag Archives: U.S. Legalization of Marijuana

New Study Says Rise in Marijuana Use is Not the Result of Legalization

The U.S. Legalization of Marijuana Proves to be Affecting Mexican Cartel

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