In the March issue of XBIZ, Segpay CEO Cathy Beardsley authored a story on the legal complications of processing payments for cannabis-based businesses, even as more states clear the way for the legal consumption of these products.
Cathy argues that conflicting state and federal regulations must be resolved by Congress, providing clarity for banks, payment processors, and business owners going forward.
At Segpay we believe the legal sale of cannabis online will ultimately happen and we are focused on this issue. We are exploring how we can help sellers of cannabis products, including CBD oil, process payments online.