Light up Washington: Legalized Recreational Marijuana Sales Hit Washington State
Though medicinal marijuana has been around from quite some time, the new law legalizing recreational marijuana can positively affect Washington’s economy. This is great as some fear that it may have taken a hit, but all thanks to the $15 per hour newly implemented minimum wage hike.
Unfortunately, everyone cannot practice the act right now. It is conditioned that legalized marijuana should be grown in Washington state. And while the law was signed and passed off instantly, majority of the licensed growers could not produce sufficient crop.
Another very important aspect for the high risk merchants is to check their high risk merchant account options for easy and flexible high risk credit card processing solutions. This can be quite challenging, because even if the sale of recreational marijuana has been legalized in Washington, chances are that many traditional merchant account processors will be reluctant to deal with your business as it comes under the “High Risk” category.
Your business is regarded as high risk owing to the persistent risk of fraud as compared to the other types of companies. Therefore, to securely run your legalized recreational marijuana business, you need a reliable and trusted merchant account provider that specializes in high risk merchant accounts.
A reputable high risk merchant can assist your legalized recreational marijuana business by providing you efficient credit card processing services. While many customers would prefer paying cash for their purchases, many others do not carry cash. This can put your reputation at stake if you are not equipped to accept payments via plastic card. So, if you want your business to flourish look out for a dependable recreational marijuana merchant account provider.