According to a spokesperson for the company, “Square is currently conducting an invite-only beta for some CBD products.” Their reason for this is because, “Square closely watches evolving public policies and strives to create new opportunities for clients.”

This couldn’t have come at a better time since many companies are scrambling to find new payment options after Evalon announced they would no longer be processing Visa payments at the end of this month. Evalon was a subsidiary of U.S. bank and one of the most popular card processors in the industry.

However, Square provides a variety of financial services at a low cost to help businesses thrive. They started with a small magstripe CC reader that could be plugged into a smartphone or tablet and expanded from there. Now, they offer a wide range of payment solutions for both e-commerce and brick and mortar businesses, as well as point of sale equipment, payroll software and more.

Special Thanks to Marijuana News and 420intel for original content