Linx Card Inc
The US market for legal cannabis in 2014 was $2.7 billion and is predicted to grow to $11 billion by 2019. Despite the size of the market and this astronomical growth these businesses generally cannot access customary and rudimentary banking services because marijuana is classified under Federal law as a Schedule 1 controlled substance.
Without legally accepting Credit and Debits Cards the missed opportunity in the payments industry is current $108M growing to $440m in payment processing.
LINX CARD Inc. provides a State and Federally compliant electronic payment solution in the retail dispensary to consumer segment of the legalized marijuana industry that solves all of these problems.