Quote Originally Posted by abfunders View Post
Dave, it's called a cashless ATM, nobody has to falsify anything. You refuse to believe that it's legal or legit, and you're leaving money on the table. Meanwhile, I have a merchant doing $50,000 monthly in his low months on the platform (and hopefully $500,000 in his high months) and got him free terminals.

Why do you believe Ken Ramirez?

Cashless ATM's get shut down quite often. It has nothing to do with Ken Ramirez article - There are many reasons cannabis accounts with the so-called work arounds are being shut down.

It is the FDA/FTC/SEC that can cause an operation to be shutdown , thereby creating a charge-back issue or funds being held, bank accounts being closed, etc.

There is still too much uncertainty within the industry and operators not knowing or just ignoring laws.

https://www.law.com/njlawjournal/202...20210005141110

https://www.ftc.gov/system/files/doc...astatement.pdf

https://www.sec.gov/news/press-release/2020-14

https://www.sec.gov/litigation/litre...20/lr24857.htm