Marijuana Lenders??? Do you work with them? How do they pay and work?
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  1. #1
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    I'm very familiar with Trulieve since I have family that is a store manager. They still deal with a huge amount of cash.

    All of these lawsuits have a common theme - someone, somewhere falsified information.

    https://www.leafly.com/news/industry...enly-shut-down

    https://www.alt36.com/blog/point-of-...nabis-industry

    https://medium.com/@ken.ramirez/are-...s-c2f4ad62bab3

    https://www.greenmarketreport.com/pr...-move-forward/
    https://www.law360.com/articles/1330...redit-card-row
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  2. #2
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    Quote Originally Posted by Yankeeman07 View Post
    I'm very familiar with Trulieve since I have family that is a store manager. They still deal with a huge amount of cash.

    All of these lawsuits have a common theme - someone, somewhere falsified information.

    https://www.leafly.com/news/industry...enly-shut-down

    https://www.alt36.com/blog/point-of-...nabis-industry

    https://medium.com/@ken.ramirez/are-...s-c2f4ad62bab3

    https://www.greenmarketreport.com/pr...-move-forward/
    https://www.law360.com/articles/1330...redit-card-row
    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?
    Last edited by abfunders; 01-05-2021 at 01:40 PM.

  3. #3
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    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
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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