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Thursday, May 08, 2014 10:10:08 AM
Prepaid cards exist today for everything. Olive Garden, Walmart, everything. They wouldn't exist if they weren't profitable.
A big difference between Cannabis card and them is that the Cannabis card gets to come out before the banks. The traditional prepaid cards of other industries had to start long after banks were running the world.
I wouldn't be surprised to find banks looking to work with ADC$ to tap into the market they will already hold when the usual methods start coming in. Then it wouldn't be just a prepaid card anymore, but also a credit card and expand our opportunity even further.
Also, this "banking" method they are talking about is going to be very small, it is not the usual banking system. It will be starting fresh just like ADC$ had to do. Its going to be small, and limited in its opening and its a long ways behind us as it stands.
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