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

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

By Sourasis Bose (Reuters) - Square, a unit of fintech company Block Inc, said on Wednesday it would enter the Canadian cannabis market through a ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Sourasis Bose

The payments processing firm — founded by Jack Dorsey, co-founder of Twitter — said it would launch an early access program in the Ontario province for licensed dispensaries to test its retail point-of-sale offerings. Despite strong growth initially following legalization of pot in Canada in 2018, the country's cannabis industry faces intense competition from cheaper marijuana that is sourced illegally.

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:

 /  🏆 45. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States 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 »

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 »