Posted by Julie Armold on 5/6/2019 to News
Big Pharma brings in CBD products
Big Pharma brings in CBD products as credit card processor shuts down small CBD business processing as of May 15th. I find it interesting how this is happening at the same time they are bringing CBD into pharmacies. CBD is considered to much of a high risk for the processor Elavon to continue processing CBD products. Small businesses, e-commerce as well as small mom and pop shops are dead in the water. At this point they are the only processor in the states unless we want to pay outrageous fees, passing on a 7-8 dollar processing fees on top of shipping. This spells good new for consumers who will be paying less then the CBD shops and online. Is this Big Pharma gobbling up the industry? Sure looks that way.