Tuesday July 8th marked a wonderful day in Washington State: The first day of legalized recreational marijuana sales. While medicinal marijuana has been around for a while, the new law that legalized recreational marijuana can help stimulate Washington’s economy, which is great since some fear that it may have taken a hit thanks to the newly implemented $15 per hour minimum wage hike.
Sadly, not everyone can get into the act right now. Legalized recreational marijuana must be grown in Washington State, and since the law was quickly passed and signed, the vast majority of licensed growers could not produce their crop. This shouldn’t be a deal breaker, as these plants can produce its much loved leaves rather quickly.
Another aspect that business owners, or perspective business owners, should look into their merchant account options for processing their plastic card payments. This can be hard, because even though it is legal to sell in Washington State, many traditional merchant account processors will not deal with your business, as it is considered “high risk”. It is considered high risk because it is at a higher risk of fraud, as compared to other types of companies. For your legal recreational marijuana business, you will need a merchant account provider that specialized in high risk merchant accounts. You need HRG.
Here at The High Risk Guys are dedicated to helping your legalized marijuana business by providing you fantastic card processing services. While some customers will pay cash, many do not carry cash, and your reputation can quickly fade if you are not equipped to accept plastic card payments. Many times, high risk companies can endure sky-high processing rates. Not so with HRG. We know that you want to your business to succeed, and so do we, and one thing we do is help you save money by giving you industry-standard processing rates. We have many years of experience dealing with medical marijuana and now legalized recreational marijuana merchants, and we know the stress you and your business can be under. We pride ourselves in helping you by giving you one less thing to worry about: your payment systems.
Washington State can happily light up, thanks to the new legalization of recreational marijuana. This can be a lucrative industry; however, it can be tough for a merchant to find a merchant account processor to deal with his company. Have no fear, and turn to HRG. We have years of experience with medical and recreational marijuana merchant accounts, and we are here to help you.
For a Marijuana Merchant Account from The High Risk Guys, click below