This isn't accurate - "There are a few, very few, that allow or specialize in high risk transactions like cannabis. Pacific Merchant Processing is one of them."
Can you provide proof that PMP is processing any weed transactions? Is PMP registered in Washington with the DFI - the answer is No.
But, in Colorado there are many dispensaries that accept credit cards.
"Colorado’s cannabis industry has had a chief request since marijuana was legalized: Give us access to banks.
But it turns out that hundreds of the state’s pot businesses are already working with financial institutions under the close watch of federal regulators, even though marijuana remains illegal at the federal level. As many as 35 banks and credit unions offer services to the industry that has made $6.5 billion in sales in Colorado since 2014, according to the Colorado Bankers Association"
Costello isn't doing anything but more big talk.
What happened to the JV with Fincann?
GRNF was supposed to own 51% of the JV and own 49% of Fincann - that was on 09/25/2019 and now Fincann has removed all references to GRNF and Costello.
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