Some states have indeed legalized cannabis. But the federal government hasn't. And the banks are under regulation of the federal government, hence the whole problem with dispensaries not being able to use credit cards to begin with.
So how does GreenMed intend to tackle this problem? Anyone know?
While banks under federal regulations aren't able to work with legal marijuana dispensaries, we are actively working on partnering with financial institutions such as credit unions who have been entering the cannabis arena.