The Cannabis Accounting Podcast

← The Cannabis Accounting Podcast20 Jul · 36 min

EP 220: Why Cannabis Rescheduling Won't Fix Payment Processing

EP 220: Why Cannabis Rescheduling Won't Fix Payment Processing20 Jul36 min

<p>In this episode of the Cannabis Accounting Podcast, host Raymond Guns sits down with Don Raleigh III, Revenue Operations Manager at Evolve Payment and award-winning payments and AR compliance leader, to pull back the curtain on what&#39;s actually happening with cannabis payment compliance right now — and why most operators are more exposed than they realize.</p><p><br></p><p>Don talks about:</p><p><br></p><p>💳 Why credit card processing for cannabis is not compliant, no matter what any provider claims, and the exact question to ask any vendor pitching a &quot;compliant&quot; solution</p><p>🚫 The June 15th deactivation of 6,000 payment terminals nationwide, and why Visa and Mastercard&#39;s use of AI is accelerating these shutdowns</p><p>💰 The three payment methods that actually are compliant today, and how each one really works in practice</p><p>🏦 Why cannabis rescheduling doesn&#39;t unlock the card brands, and Don&#39;s 5 to 10 year timeline for when Visa and Mastercard will actually engage</p><p><br></p><p>The operators who get their payment infrastructure right now — before the next shutdown wave hits — will be the ones still standing when the card networks eventually open the door. </p><p><br></p><p>Subscribe for deep dives on cannabis business, accounting, regs, and growth! 🔥</p>