Activity
Mon
Wed
Fri
Sun
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
What is this?
Less
More

Memberships

Cannabiz Academy

371 members • Free

Cannabis Career Club

44 members • Free

2 contributions to Cannabiz Academy
Why Your Payment Processor Just Shut You Down (and How to Fix It)
In this Q&A, the conversation dives into one of the biggest hurdles for high-risk startups: securing a payment processor when you have zero history. The reality? You have to be strategic to break the cycle. While "workarounds" like standard Square accounts can get the ball rolling, they are a ticking time bomb. Once your volume becomes consistent, these platforms often shut you down without warning. Smart operators use these tools as a temporary bridge. The goal is to generate just enough processing history to prove your concept, then immediately pivot to a compliant, long-term partner before your data becomes "stale." This isn’t about cutting corners forever. It’s about timing your moves perfectly so that your history stays relevant and your business stays scalable.
Why Your Payment Processor Just Shut You Down (and How to Fix It)
1 like • 5d
Make sure to always work with someone who does onboarding before your first transaction. Should eliminate them trying to shut it off, or it makes getting it back up much quicker. Great overview. 👍
What Really Stops Most People From Starting a Cannabis Business
In this Q&A clip, Chris uncovers what actually holds most people back, not the law, not the market, but life and lack of clarity. When you don’t understand things like payment processors, risk levels, fees, or how financial systems work, everything feels harder than it needs to be. Uncertainty creates hesitation. And hesitation kills momentum. High-risk industries demand more preparation, stronger systems, and real financial credibility but none of that is impossible when you know the rules. This is why education isn’t optional. It’s the difference between dreaming and actually building.
What Really Stops Most People From Starting a Cannabis Business
0 likes • 6d
Funding, Payments, PCI Compliance, Payroll and things like employee handbooks (your bible for any legal issues). We see this with clients all the time. Great post!
1-2 of 2
Matt Carp
1
4points to level up
@matt-carp-3605
Owner/Founder of Carpfish Creative. Fraction plug-n-play advisors for high-risk businesses such as cannabis, hemp, gaming, and more...

Active 4d ago
Joined Dec 29, 2025
Saint Paul, Minnesota
Powered by