3 ms·
A combination of federal illegality (which affects banking heavily) and special compliance requirements necessitates custom industry solutions AFAIK.
by eunoia 10y ago
A combination of federal illegality (which affects banking heavily) and special compliance requirements necessitates custom industry solutions AFAIK.
- eitally 10y agoBut that's really no different from discrete manufacturing, where you have to track precious metals, hazardous materials, import/export regulations, etc. I wonder why the major players don't just make the minor adaptations so they can serve this market, too.
- lightbritefight 10y agoLikely federal law. Its not settled legally if providing services to recreational dispensaries can implicate your company in felony drug distribution. Its unlikely, but a risk. It may even cause issues with the bushiness main product. Things like insurance liability shifts and the like. No "big name" company has wanted to test the waters.