Block Inc's Square enters Canadian pot market with Jane Technologies as partner

- Square, 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.

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.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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 ...
Herkunft: SaltWire Network - 🏆 45. / 63 Weiterlesen »

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
Herkunft: SaltWire Network - 🏆 45. / 63 Weiterlesen »

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
Herkunft: SaltWire Network - 🏆 45. / 63 Weiterlesen »