, said on Wednesday it would enter the Canadian cannabis market through a partnership with e-commerce platform Jane Technologies.
Those who sign-up with Square for payments systems in physical stores would also be able to use Jane’s platform for selling their products online, the companies said.“We are focusing on one province first as we want to take the time to get it right and then expand on something that is stable,” Roshan Jhunja, head of retail at Square, told Reuters.
The goal for the companies is to provide a platform to the sellers to make their products nearly as accessible as the illicit market, Jane CEO Socrates Rosenfeld told Reuters.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Block Inc's Square enters Canadian pot market with Jane Technologies as partnerSquare, a unit of fintech company Block Inc, said on Wednesday it would enter the Canadian cannabis market through a partnership with e-commerce platform Jane Technologies. The payments processing firm — founded by Jack Dorsey, co-founder of Twitter (now known as X) — said it would launch an early access program in the Ontario province for licensed dispensaries to test its retail point-of-sale offerings. Those who sign-up with Square for payments systems in physical stores would also be able to use Jane's platform for selling their products online, the companies said.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Block Inc's Square enters Canadian pot market with Jane Technologies as partnerBy Sourasis Bose (Reuters) - Square, a unit of fintech company Block Inc, said on Wednesday it would enter the Canadian cannabis market through a ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
CEO of Block's Square business Alyssa Henry to leave company(Reuters) - The CEO of Square, a unit of fintech company Block Inc, will leave the company, according to a regulatory filing on Monday. Alyssa Henry ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
McGill’s in Saint John shutting down after seven-plus years on the Market Square BoardwalkOwner of Uptown bar and restaurant cites pandemic and construction-related challenges
Source: SaltWire Network - 🏆 45. / 63 Read more »
McGill’s in Saint John shutting down after seven-plus years on the Market Square BoardwalkOwner of Uptown bar and restaurant cites pandemic and construction-related challenges
Source: SaltWire Network - 🏆 45. / 63 Read more »