CannaCard Issues Business Alert to Dispensaries Amid Growing Legal Threats Over Cashless ATM Transactions
Recent Lawsuit Sets Precedent for Future Suits Against Dispensaries Using Cashless ATMs
A recent lawsuit filed by a payment processor against a large multi-state operator (MSO) in the cannabis industry claims that the dispensary and its affiliates should be held responsible for a $950,000 fine Visa imposed on the processor. The first-of-its-kind suit highlights the risk of dispensaries working with credit card processors who claim to be able to bypass federal and network rules and offer a card processing solution to historically unauthorized cannabis dispensaries.
With this case, payment processors- once quiet enablers- are now flipping the script and suing dispensaries for damages and reputational harm. Visa has made it clear: masking cannabis transactions as ATM withdrawals using MCC 6011 is a violation of their rules, and operators caught doing so may face civil or criminal consequences.
'This lawsuit should be a wake-up call for the industry,' said Robert Lang, CEO of CC Technology Corporation. 'The regulatory landscape has shifted. Payment processors are no longer looking the other way. They're coming after dispensaries that expose them to liability.'
CannaCard(R): A Legal, Transparent Alternative
CannaCard(R) has long cautioned the industry about the risks associated with so-called 'reverse ATM' systems. Developed specifically for the legal cannabis market, CannaCard(R) is fully transparent, operating entirely outside the major card networks to ensure long-term compliance and protection for its partners.
CannaCard offers a future-ready platform designed to keep cannabis operators in full compliance while improving customer experience. Key benefits include:
'We Saw This Coming Five Years Ago'
As early as 2019, CannaCard(R) warned that cashless ATMs were a short-term gimmick built on shaky legal ground. The Switch v. Trulieve case only confirms the risks: from financial penalties to reputational damage, dispensaries relying on these tactics are gambling with their licenses.
'We're proud to offer a real solution- one that doesn't compromise dispensaries or put them in legal jeopardy,' said Lang. 'Now more than ever, this industry needs trusted partners, not shortcuts.'
Make the Switch Before It's Too Late
The current lawsuit is expected to be the first of many, as processors and card brands look to clean up cannabis-related violations. If your dispensary is still using questionable payment methods, the time to change is now.
CannaCard(R) is now onboarding new dispensary partners across the country. To begin the fast, simple process, visit www.thecannacard.com/apply. Our compliance team will guide you every step of the way- from setup to activation- to ensure your operations are secure and legally sound.
For more information or media inquiries, please contact:
Ed Sochacki
Chief Marketing Officer, CC Technology Corporation
(708) 671-8462
[email protected]
View the original release on www.newmediawire.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
3 hours ago
- Bloomberg
Minebea's CEO Signals End to Bidding War With Yageo for Shibaura
Minebea Mitsumi Inc.'s latest offer for Shibaura Electronics Co. is likely the final one it will make, according to its chief executive officer, signaling an end to a months-long takeover battle for the Japanese maker of car and server sensors. Minebea, which makes controllers for Nintendo Co. 's Switch, last week raised its bid for Shibaura by about 13% to ¥6,200 per share. That matches a competing takeover proposal put forth by Taiwan's Yageo Corp., valuing the target at about ¥96.7 billion ($656 million).
Time Business News
3 hours ago
- Time Business News
Best & Cheapest SMM Panel — Why CasperSMM Dominates the Global Market
If you've been searching for the best SMM panel or the cheapest SMM panel, you've probably seen hundreds of options online. But here's the hard truth: most of them are either overpriced or low quality — and many are just resellers who rely on other providers. That's where / Casper SMM Panel / comes in — a main provider SMM panel that delivers wholesale prices, instant delivery, and unmatched quality to influencers, businesses, agencies, and resellers in over 100 countries. While the internet is full of panels claiming to be the 'best' or 'cheapest,' most have one or more of these issues: They resell from other panels, adding multiple layers of markup. Delivery is slow and inconsistent because orders pass through several suppliers. Payment options are limited, making it hard for global customers to fund accounts. They have weak support systems that disappear when you need help. CasperSMM was created to fix all of these problems — and to become the clear choice for anyone who wants quality and affordability in one place. Unlike many competitors, CasperSMM is not a middleman. We are the main provider, which means: You get true wholesale pricing — starting at $0.0001 per 1,000 units. Delivery is instant or near-instant because there's no supply chain delay. Quality is consistent, because we control the service sources directly. Operating as a U.S. LLC registered company, we combine global reach with the trust of legal registration. JustAnotherPanel (JAP) — Known in reseller circles for competitive pricing, JAP is still a reseller platform. This means service speed and consistency can vary. Payment methods are also more limited compared to CasperSMM. SMMKings — Offers a mix of SMM and SEO/backlink services, including geo-targeted views. Interesting for niche needs, but generally more expensive and with fewer payment options. Peakerr — Positions itself as 'best & cheapest,' offers 24/7 support and child panels for $20/month. However, many of their services are sourced from other providers, making them less stable in the long term. CasperSMM — Main provider advantage means unbeatable wholesale prices, 17,800+ members, 100+ payment methods (Apple Pay, Visa, Mada, Link, PayPal, Crypto), instant delivery, daily updated catalog, $1 trial test, and support for Instagram, TikTok, YouTube, Facebook, X, Spotify, Telegram, Discord, and more. With most panels, 'cheap' means poor retention, fake engagement, or unstable services. CasperSMM is different because our prices are low due to cutting out the middleman, not cutting corners. You get high retention rates, algorithm-friendly delivery, and services that are tested and updated regularly to match platform changes. Followers (drip-feed or instant) Likes, Comments, Story Views, Reel PlaysIdeal for influencers and brands who need instant credibility. Followers, Likes, Views, Shares, Live ViewersPerfect for short-form creators aiming to go viral. Subscribers, Watch Hours, Likes, Comments, ViewsEssential for monetization and brand exposure. Page Likes, Followers, Post EngagementGreat for local businesses and community building. Followers, Retweets, LikesBest for public figures, startups, and media brands. Plays, FollowersPerfect for artists and record labels. Group Members, Post Views, Server BoostsMust-have for crypto, gaming, and community management. One of the biggest barriers for international users is funding accounts. CasperSMM solves this with more than 100 payment options, including: Apple Pay Visa / Mastercard Mada Link PayPal Bitcoin, Ethereum, USDT, and other cryptocurrencies Local payment gateways for different regions Influencers building credibility for brand deals Small businesses boosting social proof before running ads Agencies managing multiple client accounts Resellers using our child panel or API Musicians promoting albums and singles Event organizers generating pre-launch buzz Sign Up — Visit and create a free account. Add Funds — Choose from over 100 payment methods. Select a Service — Browse by platform and type. Place Your Order — Enter link/username and quantity. Watch It Grow — Many services start instantly. Q: What's the cheapest service you offer? A: Some services start at just $0.0001 per 1,000 units. Q: Is cheapest safe? A: With CasperSMM, yes — because low prices come from being the provider, not cutting quality. Q: Do you offer instant delivery? A: Most services start instantly; others begin within minutes. Q: Can I resell your services? A: Yes — we offer API access and child panels for resellers. Q: Do you support Apple Pay and crypto? A: Yes, along with many other global options. Main provider — no middleman markup Unbeatable prices from $0.0001/1K Instant/fast delivery Huge platform coverage 100+ payment methods 24/7 live support U.S. LLC registered for trust 17,800+ global members $1 trial test TIME BUSINESS NEWS
Yahoo
9 hours ago
- Yahoo
Sea-Doo Ramps Up PWC Connectivity and Switch Pontoons Horsepower for 2026
VALCOURT, QC, Aug. 17, 2025 /CNW/ - Sea-Doo, a brand of BRP Inc. (TSX: DOO) (NASDAQ: DOOO), continues to push the boundaries of what personal watercraft (PWC) life on the water can be through innovative new connectivity features and improvements to the entire Sea-Doo lineup. The award-winning Sea-Doo Switch with its unique blend of accessibility, affordability and modularity continues to provide fun for the whole family with more power than ever before with the addition of the 300 hp supercharged Rotax 1630 ACE engine to various configurations of the Switch family. "Every year, we push to elevate the Sea-Doo experience for our new and loyal customers alike, who are looking to live their best Sea-Doo Life. We listen carefully to their feedback and respond through continuous improvements to our products featuring innovative and industry-leading technologies with the goal of making our communities feel closer than ever before," says James Heintz, Global Product Strategy Director, Sea-Doo and Vehicle Connectivity. Taking PWC Connectivity to the Next LevelRiding a Sea-Doo is all about the experience and sharing it with a community of like-minded friends. So, for 2026, more models are getting the intuitive 10.25'' Touchscreen Display. Customizable with smart connectivity functions, it shows driving stats, compass, marine navigation with the BRP GO! App which can be enhanced with a Navionics™ subscription, music, and more. First introduced on the 2025 GTX Limited 325, the larger screen was an instant hit with Sea-Doo riders and is now standard equipment on the 2026 RXT-X, FishPro Trophy, Wake Pro and Explorer Pro, and available as an option on the RXP-X. The larger screen not only provides more information at a glance, but also allows riders to track each other on water as well as plan and create itineraries. It also creates some unique features for specific models. For example, on the RXP-X, it adds one more high-performance feature to the mix with Launch Mode managed directly from the gauge for blistering holeshots, giving riders a jump on the competition. On the FishPro Trophy, it provides anglers the opportunity to follow a detailed marine navigation map on the main screen using the BRP GO! Mobile App and then use the Garmin GPS exclusively in fish finder mode to improve the odds of catching the big one. Additionally, on the Wake Pro, the Ski Mode is now controlled directly through the touchscreen offering 5 different ramps that provide unique speed and acceleration to improve rider safety based on a variety of rider skill levels. Ramping Up the Sea-Doo Switch ExperienceSea-Doo's Switch family of pontoon boats continues to offer one of the most accessible, adaptive and fun boating experiences to be found on the water today. Since its award-winning debut in 2022, the Switch family has seen thoughtful updates every year to elevate the overall customer experience. For 2026, those continuous improvements go into overdrive with the availability of the 300 hp Rotax 1630 ACE engine on certain 18' and 21' Switch models. Going hand in hand with the new higher output engine is a 60% larger fuel tank, ensuring the fun lasts all day long. In addition, for 2026, all Switch models featuring 230 and 300 hp engines now have a tilting handlebar for better ergonomics and more flexibility for the captain. Additionally, all models now allow depth finder access directly on the dash display, regardless of whether it's the 4.5' or 10.25" display. A new optional Tech Package for the Switch Cruise and Sport 18' and 21' comes straight from the factory adding 2 corner tables with 2 speakers along with an amplifier, subwoofer and the 10.25'' Touchscreen Display. Time on the water will be filled with a great soundtrack and the same intuitive touchscreen capabilities and features that are available on Sea-Doo's new 2026 PWCs. Rear corner doors are a welcome addition to the Switch Cruise and Cruise Limited models, allowing easier accessibility to the rear swim platform. These doors are a must-have for family and friends looking to dive off the back of the swim platform or cruise around the lake on an inflatable tube. The Switch Cruise Limited line now includes an 18' model featuring the new 300 hp engine and a new bimini gas shock system that makes bimini top deployment and storage both easier and quicker, requiring less effort. The Switch Cruise Limited 21' is equipped with the same 300 hp engine and bimini gas shock system, but now features a new optional double bimini from the factory that provides 45% more sun coverage and includes 2 sunroof panels should a little more sunlight be needed. Rounding out the continuous improvements of the Switch family is the launch of a new Switch Fish Compact 170 hp model featuring most of the amazing fishing technology that made the Switch Fish a hit last year but only in a smaller package. Accessories play an important role in the Sea-Doo Switch experience, and 2026 sees a wealth of new accessories that make the on-water experience even more enjoyable. A front Dodger increases captain comfort during inclement weather, a BBQ Table with LinQ Lite turns the Switch into a floating diner, a Pop-Up Changing Room and Emergency Toilet allow for some privacy, and a LinQ Rear Floating Mat Holder makes relaxing on a float mat behind the Switch easier than ever. Sea-Doo has the right vehicles, apparel, and accessories to ensure the whole family makes the most out of their time on the water, creating memories that will last a lifetime. For more technical details and product specs, as well as information about the complete lineup of Sea-Doo personal watercraft and pontoon boats, visit About BRPBRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines. Headquartered in Quebec, Canada, BRP had annual sales of CA$7.8 billion from over 130 countries and employed approximately 16,500 driven, resourceful people as of January 31, 2025. Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners. View original content to download multimedia: SOURCE BRP Inc. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
