The cannabis industry, while seeing consistent growth on a global scale, has been faced with excessive regulation and extreme oversight from the government. In terms of legalization, the slow march and quagmire of red tape that comes at both the state and federal levels has made it more difficult to implement truly efficient ways of putting cannabis products in the hands of consumers, both medicinal and recreational.
CPA’s main objective is to ease the issue at hand. Cannabis Payments Association was formed to be an objective voice for retailers and operators to have access to transparent facts about how payment processing works, and what options are available in order to make the most informed decisions in their industry.
Behind CPA are some of the strongest names in the worlds of banking, finance and commerce. Jeffrey Foster, has decades of experience in card issuing, lending, and processing for retail and e-commerce, both domestically and internationally. Foster has been consulting on and providing payment and technology solutions within the cannabis industry since its inception. Servicing some of the largest publicly traded entities in the space has equipped him with an intimate knowledge of compliance and regulation.
In a space that’s busy converting a previously illicit trade into a bustling economic staple, it is easy to fall prey to deception, misinformation, and legal issues.
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CANNABIS PAYMENT ASSOCIATION
Just Facts. No Fiction. Objective directory of payments information for the cannabis industry.