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News analysis

Different regulatory pressures driving innovation in cash services to cannabis

Written by || 2nd August 2022 || News analysis | Cannabis – recreational | Regulation and legislation | GeographiesCanada North America United States

Regulatory change in Canada’s provinces, and the lack of it at federal level in the US, are both encouraging innovation by providers of financial services to cannabis businesses.

The firm behind the Weedmaps platform, WM Technology, is launching a click-and-collect payment service for cannabis retailers in Ontario, which it plans to roll out to other Canadian provinces.

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Lorraine Mullaney

Senior writer
Lorraine is responsible for writing news analysis and assisting with copy-editing. Lorraine is a copywriter and editor who has written and edited words for a wide range of audiences, from local community newspapers to consumer magazines and trade websites.

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