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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. That means any bank that operates across state lines in the U.S. Amex, China Cards : Amex became the first U.S. As much as $1.4

Taxes 177
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242 Startup Failure Post-Mortems

CB Insights

After Amazon announced in March that it was planning to shut down Diapers.com and all the other eCommerce sites operated by Quidsi, the company it acquired in 2010 — the online retailer has pulled all of the Quidsi apps from its app store. Title: Amazon Pulls Quidsi Apps After Announcing Plan To Shut Down All Quidsi Sites. Product: Quidsi.

Company 78
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Amazon Sizzles, Apple Fizzles And A High Profile Merger Fizzle Before It Starts

PYMNTS

Specifically, the FTC threatened to take the issue to the courts and sue to stop the merger — first by filing that the commission will jointly appeal the Attorneys General in California and the District of Columbia, seeking a preliminary injunction to stop the deal. Fizzle: Biometric Data: Nothing’s sacred in security, it seems.

Apple 101
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Will The SAFE Banking Act Make Life Riskier For Banks?

PYMNTS

In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized cannabis consumption for either legal or medical reasons. Even say in a dispensary that is legally operating under state law. House of Representatives gets its way.

Taxes 151