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Amex Refuses To Do Business With Medical Marijuana Dispensaries


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Amex Refuses To Do Business With Medical Marijuana Dispensaries

 

Posted by Ninja Smoker at 10:21 pm Medical Marijuana Policy Add comments

 

May 052011

 

By Steve Elliott of Toke of the Town

 

According to multiple sources at medical marijuana dispensaries, American Express will no longer process transactions from cannabis businesses.

 

“Please be advised that American Express will no longer allow transactions to be processed at Medical Marijuana dispensaries,” read one email notice from The Farmacy dispensary in West Hollywood, reports LA Snark. “This is a policy change made by American Express, nationwide.”

 

According to the email, dispensaries are still able to process transactions with MasterCard, Discover and VISA.

 

The Farmacy told Ana Kasparian at web news show

that, beginning last Saturday, April 30, every time they swiped a patient’s American Express card, the transaction would be declined.

 

American Express allegedly told personnel at The Farmacy that they have “new guidelines” that came out this year, one of which says they will no longer allow American Express customers to use their cards for medical marijuana purchases.

 

When Kasparian called American Express, the company denied it had any such policy in place. When asked to double check if they had such a policy, a customer representative once again denied that the company has such a policy.

 

TYT called The Farmacy back, and the dispensary confirmed that the story is absolutely true: American Express cards reportedly no longer work at that store or at other dispensaries.

 

At that point, Kasparian said she called every single marijuana dispensary in Los Angeles. Many of them take no credit cards, but another dispensary confirmed that American Express does not allow their customers to use their cards at cannabis dispensaries.

 

American Express customers should question the company why they aren’t allowing their customers to purchase a product which is not only legal in 15 states, but also needed for medical reasons by seriously ill patients.

 

If you’d like to provide some feedback to American Express regarding their alleged policy of not allowing customers to use their cards at medical marijuana dispensaries, you can do so here:

 

http://americanexpre...gestionbox.com/

 

 

 

Michael A. Komorn

 

Attorney and Counselor

 

Law Office of Michael A. Komorn

 

3000 Town Center, Suite, 1800

 

Southfield, MI 48075

 

800-656-3557 (Toll Free)

 

248-351-2200 (Office)

 

248-357-2550 (Phone)

 

248-351-2211 (Fax)

 

Email: michael@komornlaw.com

 

Website: www.komornlaw.com

 

Check out our Radio show:

 

http://www.blogtalkr...lanetgreentrees

 

NEW CALL IN NUMBER: (347) 326-9626

 

Live Every Wednesday 8-10:00p.m.

 

PLANET GREENTREES

 

w/ Attorney Michael Komorn

 

 

 

The most relevant radio talk show for the Michigan Medical Marijuana Community. PERIOD.

 

 

 

If you have a medical marihuana question or comment, please email them to me, or leave them on the forum for the MMMA, and I will try to answer them live on the air.

 

 

 

http://www.blogtalkr...lanetgreentrees

 

PLANET GREENTREES Call-in Number: (347) 326-9626

 

Call-in Number: (347) 326-9626

 

 

 

 

 

Attorney Michael Komorn’ practice specializes in Medical Marihuana representation. He is a board member with the Michigan Medical Marijuana Association (MMMA), a nonprofit patient advocacy group with over 20,000 members, which advocates for medical marihuana patients, and caregiver rights. He is also an experienced defense attorney successfully representing many wrongfully accused medical marihuana patients and caregivers. He is also the founder of Greentrees of Detroit, a medical marihuana community center that offers patient certification, legal consultation, cannabis education, business development, and caregiver’s classes.

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