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Legal Cannabis Retail Innovates Its Way Around Payments Knot

PYMNTS

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, Nevada calls itself when charging customers’ credit cards. Big Retail.

Retail 121
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Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs

PYMNTS

With many in the industry anticipating federal-level legalization of the cannabis market, the sector remains with one foot in state-level regulation and one foot in the shadow market. . Federal regulations prevent financial institutions and other payment companies from serving up options to pay to the legal weed industry. .

Nevada 139
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POSaBIT Rolls Out Mobile POS For Cannabis Merchants

PYMNTS

Our fully compliant solution allows businesses to feature a state-of-the-art retail customer experience for both in-store and delivery, while also providing in-depth business analytics and increased revenues for businesses.”. billion by 2020 — the industry is largely cash-based.

Mobile 130
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CarLotz Plans Rollout Of US Hub Network

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Opening hubs in new markets presents a tremendous opportunity for CarLotz to gain ground in large and attractive regions of the country where the Company’s business model can make a real difference for car buyers and sellers,” CarLotz CEO and Co-Founder Michael Bor said in the announcement. 11) announcement. 8, CarLotz, Inc.

US 137
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Kroger Expands Home Chef Meal Kit Offerings To New Stores

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“Last October, Kroger introduced Home Chef retail meal kits, and we’re now expanding to add the easy-to-prepare recipes to hundreds of new locations, providing convenient access to the meal solution at more than 700 stores. .”

Ohio 116
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Walmart, Udelv Pair On Self-Driving Delivery Vans

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8) at the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada. The company also acquired an investment from the Marubeni Corporation, a move that Udelv CEO Daniel Laury said will aid in the company’s expansion to other markets in the United States. The company made the announcement on Tuesday (Jan.

Las Vegas 116
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NJ Online Gaming Revenue Set To Grow 66 Pct This Year

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With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. The market was set up to be incredibly competitive,” Grove said, according to the report, “and that competition is successfully producing a product that’s engaging consumers.”.

NJ 131