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662 points JacobHenner | 1 comments | | HN request time: 0.396s | source
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mannyv ◴[] No.40214223[source]
One major effect of this is that weed stores will be able to use banks and payment processors legally once the regulators catch up.
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bregma ◴[] No.40215094[source]
That's so sad.

Here in Ontario Canada I can walk into a local neighbourhood cannabis store (one of many on every block, it seems) and make a purchase using my debit or credit card. I'm not sure if any of them even keep a cash float although I imagine they must, just in case granny comes in "for medicinal use". Alternatively, I could just go to the government-run web store and get home delivery through Canada Post at no extra charge.

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oooyay ◴[] No.40215155[source]
You can in the U.S. too. For instance, in Portland we have a neighborhood shop and you can use a debit card there because each transaction is classified as an ATM transaction. All the ban ever did was making accounting and reporting more complicated, it didn't stop state legal sales or transactions.
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jkaplowitz ◴[] No.40215371[source]
The difference is in Canada it's actually fully legal at all levels of government, so the transaction is a normal point of sale transaction, it can also go through a credit card as a normal purchase without being subjected to the expensive cash advance interest rates, and so on. It can even be a tax-deductible and reimbursable business entertainment expense under similar conditions to alcohol.
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bawolff ◴[] No.40215907[source]
Its super weird how america can make things half legal. In canada the responsibilities are divided up between different levels of government. None of this legal at one level but not another level bullshit.
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1. AnthonyMouse ◴[] No.40216639[source]
It was supposed to be that way in the US but then populists decided they wanted the federal government to do all the things the constitution said it couldn't.