Unlike the CBD sector, which we will discuss in depth later in this article, cannabis credit card processing and other merchant processing services are not just limited - they are prohibited. That means that despite finding access to banking, state-legal cannabis businesses cannot secure merchant accounts for processing debit and credit card transactions. Nothing but federal legalization is likely to change that policy. This process includes an emphasis on anti-money laundering (AML) monitoring and reporting.Ĭredit card networks like Mastercard and Visa have made clear that they will not support federally illegal cannabis transactions in any capacity. Moreover, and to the surprise of many cannabis industry professionals who have been rejected by financial institutions for basic banking services, bank examiners have established clear guidelines for how to bank cannabis businesses. However, federal officials have generally maintained that state-compliant cannabis businesses can operate without risk of interference. “Marijuana,” defined as cannabis exceeding 0.3% THC content, remains federally illegal. Why has merchant processing been so difficult to secure for cannabis businesses? Where do we stand today? More importantly, what will it take for the legal cannabis industry to gain access to this invaluable service? What are the issues with cannabis businesses and credit card processing? Providers willing to work with CBD businesses can be few and far between. Despite CBD’s legal status, it can be difficult for CBD businesses to secure merchant accounts as well. That extends to cannabis credit card processing: a card network ban on cannabis transactions has locked state-legal THC licensees out of merchant processing services, preventing them from transacting with debit and credit cards.Įven CBD, which was descheduled under the 2018 Farm Bill, has had its difficulty securing merchant processing services. Even where legal, banks are often hesitant to get involved with cannabis businesses. Banking has been a sticking point for the legal cannabis industry for much of its existence.
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Indeed, later in the story one of the goddesses will remark that while Zeus barely remembers Danae- who disappears from the film early on- he has a fatherly pride in Perseus, which explains his constant supervision of the young hero. However, the Zeus of CLASH condemns the mortal's murderous act much as the Zeus in JASON condemned the deadly deeds of Pelias, though in the former case there's more personal interest on Zeus' part. Acrisius, angry that his daughter Danae slept with Zeus and bore from him the infant Perseus, sets both of them adrift at sea, claiming to be justified by godly law. son" conflicts most important to the original myth- the prophecy that Perseus will slay his grandfather Acrisius, and the attempt of the hero's adoptive uncle to send the young hero to his death- are minimized in the first case and elided in the second.Īcrisius- who will be made into a god-hating tyrant in the 2010 remake- is much like Pelias in JASON a violent man who tries to use religion to justify his acts. This minor conflict becomes the center of the 1981 film, whereas the two "father vs. In some versions of the Perseus story, the hero has a brief contest with an Andromeda-suitor named Phineas, but it's a very short-lived conflict Perseus simply unveils the head of Medusa and turns the bellicose suitor to stone. The essential change scripter Cross made to the original Perseus myth was to make it a sexual conflict between Perseus and his enemy Calibos for the hand of the heroine Andromeda. But where these may have annoyed me a lot more back in 1981, they seem like minor problems now, and I now find CLASH to be a fitting conclusion to Harryhausen's wonder-working career. Romantic leads Harry Hamlin and Judi Bowker lack charisma, and the writer did himself no favors by emulating the popularity of the STAR WARS character "R2-D2" with the use of the mechanical owl Bubo. Other flaws are present: the scenes with the two-headed dog Dioskilos and the giant scorpions slow down the film's pace without contributing to the dominant sense of wonder. However, I do see vivid symbolic elements in CLASH that I didn't appreciate the first time around, and which raise the film far above, say, Harryhausen's final "Sinbad" film. I still don't think the theme of CLASH is as well organized as that of JASON ( reviewed here). But thanks to my most recent re-viewing of the 1981 film, I've changed my mind. In my review of the 2010 CLASH OF THE TITANS, I said that the 1981 CLASH, the last cinematic work of Ray Harryhausen, was "my least favorite of Harryhausen's otherworldly-fantasy films." I also stated that it didn't have as strong a theme as the earlier JASON AND THE ARGONAUTS, which as it happens was also written by the scripter of CLASH, Beverley Cross. While keyboard shortcut is fine when you are manually entering data and need a few line breaks.īut in case you need to combine cells and get a line break while combining these cells, you can use a formula to do this. 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