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While the number of regions that are legalizing the sale of CBD and cannabis-derived products has been steadily increasing, this market continues to be heavily regulated - both in the US and other countries.
Shopify is now allowing CBD companies to use their platform! A merchant processor will still be needed, but this is a big step in the right direction CBD product manufacturers and retailers in the U.S. will now have access to Shopify’s suite of marketing tools. CBD-based products have been expanding rapidly in recent years as the understanding of the benefits of CBD oil has become more mainstream.
When Michael Bumgarner decided to start a CBD beauty company, he knew there’d be stigmas to fight. There were also big challenges ahead—including frustrating roadblocks from marketing and payment channels.
But now, many merchants offering CBD products are even finding trouble just keeping their websites up and operating. It seems that recently Shopify has been shutting down or terminating many websites of merchants who are selling CBD, Hemp… Share Starting on September 17th, 2019, Shopify will now support merchants selling hemp or hemp-derived CBD products operating in select U.S. states where permitted by state and local laws. Looking for a hemp or CBD oil payment processor for your Shopify store? Checkout how to sell these products without getting banned, including alternatives. This is a Shopify issue, not an NMI nor credit card processor issue. In addition, Shopify has been closing down a number of CBD online e-commerce stores. Banks and payment processors have been slow to embrace CBD merchants because while the 2018 Farm Bill legalized hemp cultivation, the guidelines for selling Hemp derived CBD health and wellness products are still evolving. CBD is an industry that does and will keep on giving innumerable advantages to a huge number of individuals. People who may have relied on this channel to pay for CBD products are suddenly robbed of their distribution channel.