Despite the fact that it does the very opposite, medical cannabis from hospitals reduces tumour growth and inflammation in clinical trials affecting almost half of lung cancer patients. Patients with Alzheimer’s disease benefit from a licenced pharmacy that provides them with the proper dose of Medical Marijuana to alleviate their symptoms. Despite the fact that medical marijuana is now legal in 14 states and the District of Columbia, these businesses nevertheless face a shortage of merchant accounts. Dispensary owners face personal prejudices and are classified as “at risk” businesses. Unfortunately, some banks are reluctant to open a merchant account for a medicinal marijuana producer, claiming that the legal due diligence would take too long. You can try these out Sira Naturals Medical Marijuana Dispensary Somerville – dispensary near me
When you consider that nearly 75% of Americans use their debit or credit cards to make purchases on a regular basis, being able to process such transactions is critical to the success of many businesses. Granted, the marijuana industry was exclusively cash-based until recently, but times have changed. If your current bank won’t even consider giving you a merchant account, it’s time to look for a new one. Many merchant account providers are diversifying their offerings, and some are now providing vital financial services to legal marijuana dispensary operators. Since dispensaries are still relatively new businesses selling prescription products, they are automatically seen as presenting a higher danger. The shop owner, on the other hand, would be able to apply if they have a good credit score and a clear criminal record. When searching for a merchant account for your medical marijuana dispensary, keep in mind that not all merchant account providers are created equal. When their provider suddenly cut off service without warning, Colorado business owners were taken aback. Make sure you go with a company that has an established track record.