cannabis payments

Flora Growth Corp. (NASDAQ:FLGC) (FSE: 7301) explores integrating Bitcoin as an accepted payment method across its business platforms, the company announced on Wednesday. The move aligns with the Flora’s commitment to innovation and meeting the evolving preferences of its global customer base...

Cannabis-focused provider of payments infrastructure POSaBIT Systems Corporation (CSE:PBIT) (OTC:POSAF) reported its financial results on Thursday for the three months ended March 31, 2024. The company reported a 67% year-over-year drop in revenue to $33.8 million in the first quarter.   Ryan...

BLAZE Solutions' Greenline is launching a new payment processing platform, BLAZEPAY. The point-of-sale (POS) and inventory control retail technology software company focused on Canadian cannabis retail announced that the idea behind the new platform is to remove the challenges and complexity of...

Cannabis payment platform CanPay teamed up with CannaPlan, an employee benefits platform for employers to provide funding for their employees’ medical marijuana purchases. Under this partnership, CanPay will enable the use of CannaPlan funds to offset the costs of their purchases at cannabis...

Aeropay, a digital payments provider that began in the cannabis industry, has successfully raised $20 million in its Series B funding round. The round was spearheaded by Los Angeles-based fintech venture capital firm Group 11 with notable contributions from Chicago Ventures and Continental...

POSaBIT Systems Corporation (CSE: PBIT) (OTC: POSAF), a provider of payments infrastructure in the cannabis industry, has released its financial results for the third quarter of 2023, ending September 30, 2023. “Since our inception, POSaBIT has remained steadfast in our dedication to...

Cannabis-focused tech platform, Treez, announced Tuesday multiple advancements in financial offerings for their cannabis retail customers: TreezPay One Application, the launch of Swifter ACH Payments and PayLater Embedded Financing. These enhanced financial service offerings from Treez...

The cannabis industry has been dealing with major difficulties for a long time, right? One of the biggest is definitely the banking issue. With marijuana being classified as a Schedule 1 drug, illegal on the federal level, banking institutions are being put in an uncomfortable...

KindTap Technologies, a company behind a financial technology platform for highly regulated industries, revealed Tuesday that it has launched a consumer credit product that will initially be used in the Massachusetts cannabis market.  The Boston-based company noted that this is...

Digital payments platform AeroPay has raised more than $5 million in a venture round led by Chicago Ventures. The raised money will be used to finance new hires, further developments in the cannabis industry, and new features of the product. Chicago Ventures is known...