Changes in state laws around the possession, sale, and use of cannabis have brought a new category of retail out from the underground economy. As entrepreneurs have moved to seize the opportunities in this new industry, their ability to accept and make payments are hampered by federal laws. In the latest episode of our podcast, we talk with Annie Nagle, the Chief Operating Officer of Verdant Medical, a cannabis start-up in Massachusetts. We discuss the challenges of both accepting and making payments created by state and federal laws. In addition, we discuss the challenges of paying employees, and how the cannabis industry may provide opportunities to people who have been shut out of employment. This year’s Power of Prepaid will feature a panel on cannabis payments and will be held April 8-10, in Washington DC. You can register here. Learn more by listening to our podcast here, or wherever you get your podcasts. Don’t forget to subscribe and leave use a review. We’re thrilled to announce the first part of the 2019 speaker lineup. We have many more to come so stay tuned, but the first half are getting ready to share forward-looking presentations and case studies that feature actionable insights and diverse perspectives. They make for quite an exciting lineup already… have a look! Join us to hear from these industry leaders at this year's Power of Prepaid! Register Today!Announcing: Power of Prepaid Demo SessionsReady to showcase your solution to the entire audience in a rapid-pace live demo? We’re looking for exciting and proven companies with innovative, new and updated payments solutions to give a fast-paced demo to attendees. Demos should focus on demonstrating the effectiveness and impact of your solutions on real-world problems faced by the industry and should offer a focused way to understand where the market is, and where it’s going. Firms accepted will be required to pay a fee to participate. All selected participants will offer live product demos (no slides, no videos) that last no longer than 8 minutes. Participating companies are encouraged to have two senior executives on stage to conduct the demo and product explanation. Demo slots are a sponsored speaking opportunities. Demo fees will increase after Friday, February 15. Partnering For Financial Security: Creating Prepaid Card Features That Help People Better Manage Their Financial Lives Forward-looking prepaid market participants are developing innovative products that help people manage their finances. At this year's Power of Prepaid, we're going to take a closer look at partnerships between for-profit and nonprofit organizations that help consumers navigate their financial lives. In this session, Green Dot and Commonwealth will share impact numbers on the utilization of these features from the first two years in market, as well as findings from cardholder surveys and interviews demonstrating the response by customers and the impact of liquid savings on customer financial security and loyalty. Presented by Mary Dent Timothy Flacke Join Mary, Timothy and a host of other industry leaders at this year's Power of Prepaid! Sponsored by
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