This collaboration is a significant step forward for the legal cannabis industry, offering innovative payment solutions to businesses that have historically faced challenges due to their classification as ‘high-risk.’

As the industry grows and becomes more established, the perception of risk within the financial sector is evolving. AcceptCards has recognised that many of the challenges surrounding banking and card processing for cannabis businesses are shifting. This partnership will help to ensure that companies within the legal cannabis and CBD sectors have access to secure, compliant, and reliable payment options, ensuring smoother transactions and greater financial stability.

Through this collaboration, the CTA and AcceptCards aim to reduce barriers for cannabis businesses, enabling them to access the same opportunities as other sectors. With AcceptCards’ bespoke support for high-risk sectors, the partnership will provide member companies with streamlined payment services tailored to the specific needs of the cannabis industry.

For more information about how AcceptCards supports high-risk sectors, please visit: https://acceptcards.co.uk/high-risk-sector-support/

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The Hemp Trades Association UK Ltd t/a Cannabis Trades Association is a not-for-profit company limited by guarantee registered in England and Wales under company number 10472540 41 Wincolmlee, Hull, Yorkshire, HU2 8AG, United Kingdom.
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