Difference between revisions of "Cannabis and Mastercard"

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Revision as of 05:36, July 29, 2023

Cannabis and Mastercard is the issue of Mastercard banning use of its debit card beginning in late July 2023 in cannabis transactions.[1]

Mastercard alerted financial institutions to stop accepting and processing these cannabis-related transactions. It was reported that two banks, one in Florida and another in Michigan, process the vast majority of credit card transactions for cannabis.