They could lose millions and third party payment processors would potentially cut ties with them. It could literally tank their entire business. Don’t get me wrong. I wish weed was legal and I also wish there wasn’t financial pressure from banks and lending institutions to blackball the weed industry, but if there is any industry that is going to stick strictly to federal law, it’s the financial sector. I don’t think they have anything against weed, I think they have something against loosing millions of dollars.
I’m not sure Mastercard can easily win a suit by the DOJ over enabling Schedule I drug transactions.
It’s not like the DOJ would put anyone in jail. They would get fined and then move on with their fucking day.
They could lose millions and third party payment processors would potentially cut ties with them. It could literally tank their entire business. Don’t get me wrong. I wish weed was legal and I also wish there wasn’t financial pressure from banks and lending institutions to blackball the weed industry, but if there is any industry that is going to stick strictly to federal law, it’s the financial sector. I don’t think they have anything against weed, I think they have something against loosing millions of dollars.