PSYC Corporation (PSYC)

[Don Beasley]

Here's an idea without any metaphors! GOHE
The banking MJ/CBD industry has been very tightly wound when it comes to Merchants, Banking, and Payment Processing. Are there currently operating companies and dispensaries that have merchant and processing accounts? YES, but the vast majority of them have to use "walk around" methods to get approvals from underwriting. The fact is that the industry has remained locked up in the "HIGH RISK" market for underwriters due to the lack of clarity within the legislation and understanding of language of the laws. Because of this it has been a horribly unstable process and numerous companies, even large suppliers and manufacturers have have been left without a stable processing platform. Things are changing in the industry ever so slowly but a stable blockchain conversion into the "cash" realm is somewhat unique. That's what this company is doing, attempting to fill a gap in a multi-billion dollar industry. If they are getting contracts from large companies, like they state in the PR, then their solution must service these businesses in a better way than what is currently available to them, thus company growth.