Tag: Purchases

Some Online Cannabis Dispensaries Aren’t Verifying Ages, Leading to Purchases by Minors

Researchers at the Cohen Children’s Medical Center of New York recently published a study about how some online cannabis dispensaries are not properly verifying the ages of its customers and allowing minors to make purchases. Entitled “Access to Marijuana by Minors Via Online Dispensaries,” the study was published in The Journal of the American Medical […]

Mastercard Announces Ban On Debit Card Transactions For Weed Purchases

Payment processing powerhouse Mastercard this week revealed the company is taking steps to prevent PIN-based debit card transactions for marijuana purchases, dealing a blow to a regulated cannabis industry already struggling with limited payment options for consumers. On Wednesday, Bloomberg reported that Mastercard, the world’s second-largest payment solutions provider, had informed financial institutions and other […]

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