The business of marijuana is booming, so much so that enthusiasts can choose from a handful of marijuana schools to learn about all facets of the business. From anywhere between $200-$500, “students” can learn growing and selling techniques within the regulations and using the marijuana trade as an investment. Medical marijuana is legal in nearly half the country while two states – Washington and Colorado – legalized marijuana for recreational use. As such, marijuana schools are now sprouting all over the country.
Marijuana Schools Expected to Put Forth More Merchants
As a result of the influx of marijuana schools throughout the US, the number of dispensaries is expected to increase significantly. More and more, states are seeing the benefits of legalized marijuana, medical and recreational. In early July, New York became the 23rd state to legalize marijuana for medical use while Florida is expected to be the 24th state pending a November vote. Additionally, the U.S. House of Representatives recently voted in favor of making banking for licensed marijuana dispensaries easier.
Legalized Marijuana Possibilities Unlimited
With the stigma of marijuana disappearing on political and regulatory levels, the business possibilities are endless. The New York Times recently ran a feature in its Sunday style section about marijuana-infused weddings, which detailed marijuana-laced snacks, floral arrangements and marijuana plants as wedding favors. Along with dispensaries, marijuana bars are opening in Colorado and Washington that offer what is termed as ‘medibles’ – marijuana-laced cakes, pies and granola bars.
Credit Card Processing Solutions for Your Marijuana Business
As the number of marijuana dispensaries and businesses skyrockets, so will the demand for marijuana merchant accounts. As a merchant account provider for high risk industries since the dawn of e-commerce, Instabill has marijuana merchant account solutions enabling any marijuana business to process credit card transactions as well as cash. Click the chat option below to speak with a merchant account manager, available Monday through Friday from 8:00 a.m. until 6:00 p.m. eastern time.
