5 Things To Check For A Cannabis Payments Solution

Cannabis Payment Solution
Source: NY Times

It is critical to have a secure and reliable solution related to payment in place since the cannabis industry like https://wholesaleextracts.co/ is worth multi-billion dollars. As of 2017, in Canada alone, there were about 84 public companies that are in some way associated with the cannabis industry, trading on Canadian stock exchanges. They are collectively worth about $37 billion US dollars. As medical and recreational sale of cannabis legalizes in more states around the world, this figure is expected to grow. In this article, we will talk about the 5 things that you need to check when looking for a reliable cannabis payments solution

  1. Understanding The Legal Aspects

When looking for a reliable third party to take care of your transactions and processing, make sure you chose a company that understands the legalities involved in the industry. The company should be familiar with the complicated jargons such as FinCEN, CSA, BSA, DOJ and the Cole Amendment. It should know the legal structure of the industry well and be fully capable of dealing with questions raised by the legal authorities.

  1. Available Options

There are usually two types of payment gateway providers – the eCommerce business models which comes under the medium risk category and high-risk processors that are prompt due to the specific services and products they offer. You may look for a company that offers various tools such as token systems, card storing, 3d secure, fraud protection and so on. These solutions add a layer of protection for the companies to save them from encountering a variety of problems.  

  1. Hidden Fees 

When looking for payment solution, look for a provider that does not have any hidden monthly fees that they did not disclosed earlier. Before signing a contract, make sure you read the fine prints and seek clarification on any point that is not clear to you. The providers usually charge a fee on each transaction so there should be no additional set-up or admin fee. You should pay no more than 6% of the total transaction. 

  1. Transparency Dealings

Although cannabis has been legalized in Canada and various other parts of the world, there are still many federal and local regulations that a company needs to comply with. When looking for a payment processing company, make sure to ask the provider how they would manage large volumes of transactions passing through their system. 

Most companies are equipped to manage transactions when the orders are slow, but once your business starts to grow there might be difficulties. A reliable company will be transparent about their fees and logistics. Always look for companies that can offer to build long term relationships like GetWhitePalm

  1. Switching Providers

When you are starting out, we would recommend that you start small and look for a payment gateway provider that suits your specific budget and needs. A good provider will appreciate your business and accommodate when your business as it grows. If not, you may switch the company at a later stage when your business expands. To avoid unwanted hassles, make sure you partner with a company that offers 24/7 technical support so that you can provide round the clock help to your customers.

Vape Pen

Check Points While Purchasing Your First Weed Vape Pen

The weed vape pen is maybe the most famous and modern approach to devour cannabis. Suppose for instance, you take clinical pot to get alleviation from headache yet you hate the pot style. The vape pen is the ideal thing for you – it is light, smooth, and simple to haul around. The best thing about a weed vape pen is that it isn’t muddled in any way. It has an oil cartridge where the real concentrate goes and a battery that props it up.

Dissimilar to blunts or pipes, a weed vape pen for all intents and purposes has no smell by any means, it is so natural to utilize and furthermore circumspect. In the event that you look on the web, you will discover an assortment of vape pens that come in all shapes and sizes. They likewise shift generally as far as cost. While there are a few vaporizers as modest as under $10, you will likewise discover others that cost more than $100.

On the off chance that you are novice wanting to purchase a weed vape pen to appreciate the concentrates, at that point here are 3 things that you have to consider:

  • Low Voltage Battery

Marijuana Vape Pen
Source: Rolling Stone

Studies have demonstrated that in the event that the vape battery gets excessively hot, at that point it expands the odds of you breathing in more cancer-causing agents. In this way, it is fundamental to search for a genuine vaporizer which will make extreme fume rather than basically consuming the oil. Getting a genuine vaporizer will decrease your presentation to an excess of smoke.

Specialists propose that you search for vape pen with low-voltage battery so that there’s less of electric punch. This guarantees the loop inside the vape pen doesn’t get very hot. Another examination uncovered that in the event that the cannabis oil is cut utilizing propylene glycol, at that point a 3.3-volt battery would be a lot more secure.

  • Variable Temperature Settings

Another significant factor to consider when purchasing a weed vape pen is the temperature settings. A decent vape pen will have flexible temperature settings that permit clients to locate their own sweet spot. For apprentices, a valid statement to begin from is 280 degrees and afterward go up according to your inclinations. You may anyway not discover this component in minimal effort vape pens.

  • Search for Cannabis Oil with a Thicker Consistency

When utilizing a weed vape pen, it is essential to search around to discover the cannabis oil with the correct consistency. By thick, we mean something that has the consistency of nectar. On the off chance that the oil looks thick, salty and gooey then it implies that it contains chlorophyll and fingernail skin waxes. You won’t have any desire to vape that stuff.

Then again, in the event that the oil is excessively watery, at that point it’s most likely blended in with cutting operators, for example, polyethylene glycol and propylene glycol. A considerable lot of these added substances may transform into unsafe cancer-causing agents at a later stage.

Trust your taste buds with regards to testing cannabis oil. In the event that the bundle says unadulterated cannabis oil however it looks liquid like and your tongue gets substance tastes, at that point it’s not the thing you ought to utilize.

When beginning another excursion with weed vape pen, ensure you take the more secure way. Check online audits and purchase a decent quality vape pen from a confided in maker. Abstain from getting one of the modest Chinese vape pens to spare a couple of dollars as this can negatively affect your well being.