16 min

Ep. 99: Cashless ATMs & Other Illegal Merchant Services in the Cannabis Industry The Cannabis Accounting Podcast by DOPE CFO

    • Business

Cashless ATMs and Credit Card payment tricks by Cannabis businesses are considered fraudulent.

Cannabis is a Schedule I substance, so any attempts to get creative with payment options will still be classified as money laundering by the Feds. In this episode, DOPE CFO Founder Andrew Hunzicker, CPA and special guest Rick LaNeve, CPA, founder of Accounting Buds, have an in-depth discussion about the many illegal ways that Cannabis businesses are trying to collect payments. Listen in to hear about these Cannabis industry cash traps and how to avoid them.

For more information on Cannabis Accounting and DOPE CFO, please visit our website.


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Send in a voice message: https://anchor.fm/dopecfo/message

Cashless ATMs and Credit Card payment tricks by Cannabis businesses are considered fraudulent.

Cannabis is a Schedule I substance, so any attempts to get creative with payment options will still be classified as money laundering by the Feds. In this episode, DOPE CFO Founder Andrew Hunzicker, CPA and special guest Rick LaNeve, CPA, founder of Accounting Buds, have an in-depth discussion about the many illegal ways that Cannabis businesses are trying to collect payments. Listen in to hear about these Cannabis industry cash traps and how to avoid them.

For more information on Cannabis Accounting and DOPE CFO, please visit our website.


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Send in a voice message: https://anchor.fm/dopecfo/message

16 min