Why Are Bank Fees Higher for Cannabis Merchants?

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Why Are Bank Fees Higher for Cannabis Merchants?

Click here to watch the video Bank fees are higher for cannabis merchants because costs are higher for banks regulated to handle money from cannabis merchants. The regulations they have to follow take lots of extra time for staff to complete. Here are 4 reasons why the bank fees for cannabis merchants are higher than for regular merchant accounts 1. Bank deposit fees are higher. … Read More