CBD/VAPE
April 27, 2021
April 27, 2021
CBD and vaporizers are part of a billion dollar industry that continues to grow. Your flawless business plan to open up shop can be put to a dead stop when applications are denied by the banks and popular payment processors due to high risk. The vape industry poses a threat to the reputation of those who partner with them, often leading to the denial of applications. The FDA is constantly adjusting regulations revolving around everything that composes the vaping industry.
While vaping may provide an alternative route to smoking for adults, it opens potential opportunities for complications with minors. Any risk related to minors as well as the constantly revolving rules put in place by the FDA have immediately classified this as a high risk industry. You will need to select a payment processor that has experience in the field and will keep your business up and running with no complications in the long run.
High Risk Payment Pros simplifies the process of launching your business in this booming industry. Avoid the risk of being shut down and put the proper processes in place from the start to ensure there are no complications down the line.